Yandex renounces reports on co-founder deathJuly 25, 2013 - 18:12 AMT PanARMENIAN.Net - Ilya Segalovich, the co-founder and chief technology officer of Internet group Yandex, is in a coma, suffering with complications from cancer, the company's chief executive said on Thursday, July 25, refuting the previous reports on his death. The company earlier announced the death of Segalovich, aged 48, who had been diagnosed with a treatable form of cancer. "We want to clarify an earlier statement that the company put out. We have since learnt that Ilya is in coma and on life support although not showing any brain function. Our thoughts are with him at this time," Arkady Volozh said on a conference call, according to The Moscow Times. Segalovich had been responding well to treatment while working a full schedule, before unexpectedly having complications, Yandex said in the original statement. "I know that the strong technical team that Ilya helped to build, train and motivate will continue with pride the work Ilya began," Volozh told analysts and investors on the call. Segalovich, an entrepreneur, software engineer and philanthropist, was born in 1964. In 2000 he became one of the founders of the country's biggest Internet company Yandex, which operates the largest search engine on the Russian market and is ranked fourth worldwide. Yandex currently processes almost two-thirds of domestic search requests and has a market share of over 60 percent in Russia's search engine market by traffic. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. |