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- Google was set to acquire ZAO Begun for $140 millionCNET: Russia thwarts Google acquisition of ad firm (October 23, 2008)
- FAS has not issued an official statement
- Begun offers text-based search and contextual advertising services
- Google intends to review the decision
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Russia's Federal Anti-Monopoly Service (FAS), and possibly Prime Minister Vladimir Putin himself, blocked a deal between Google and online ad service ZAO Begun. Begun, a subsidiary of Russian portal Rambler, would have improved Google's share of internet advertising in Russia, but a Russian news report claimed that Google had not provided enough information for the FAS to evaluate the deal's consequences.CNET: Russia thwarts Google acquisition of ad firm (October 23, 2008) A Rambler shareholder told a Russian newspaper that Prime Minister Putin did not want to see Google take over the Russian internet market.Silicon Alley Insider: Putin Kills Google Deal (October 23, 2008)
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Vladimir Putin Google Questions
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What is google caffeine? 3 AnswersIts Google's new improvements to the search engine on their side of things. It's a tad bit faster to load and there is a slight improvement in results. you can ... read more -
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