Tuesday, April 04, 2023

How Putin the Terrible killed Russia's tech industry

When will the Russian people finally get rid of this megalomaniac war criminal!

Putin the Terrible returns Russia to the stone ages or a country of unsophisticated peasants!

"... In the months after the invasion began, Russia saw a mass exodus of IT workers. According to government figures, about 100,000 IT specialists left Russia in 2022, or some 10% of the tech workforce—a number that is likely an underestimate. Alongside those exits, more than 1,000 foreign firms curtailed their operations in the country, driven in part by the broadest sanctions ever to be imposed on a major economy.  ...
But cracks in Russia’s tech industry started appearing well before the war. For more than a decade, the government has attempted to put Russia’s internet and its most powerful tech companies in a tight grip, threatening an industry that once promised to bring the country into the future. ..."

How Russia killed its tech industry | MIT Technology Review The invasion of Ukraine supercharged the decline of the country’s already struggling tech sector—and undercut its biggest success story, Yandex.

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