Rambler used to be a somewhat successful and independent Internet company, but in dire straits recently because it's lost the market to its primary competitor - Yandex. So very much like Yahoo vs Google.
Now it's been bought out by Sberbank - the largest state bank run by a good friend of Putin. Sberbank is looking at becoming at becoming an IT monster, being a provider of just about everything - from food delivery to banking, with huge amount of Big Data at its heart. Delusions of grandeur at taxpayers' expense.
This lawsuit is the first big move of the new Sberbank's management team in Rambler.
Rambler used to be a somewhat successful and independent Internet company, but in dire straits recently because it's lost the market to its primary competitor - Yandex. So very much like Yahoo vs Google.
Now it's been bought out by Sberbank - the largest state bank run by a good friend of Putin. Sberbank is looking at becoming at becoming an IT monster, being a provider of just about everything - from food delivery to banking, with huge amount of Big Data at its heart. Delusions of grandeur at taxpayers' expense.
This lawsuit is the first big move of the new Sberbank's management team in Rambler.