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absolutely free at Net Suite.com slash Wall Street.

That's Net Suite.com slash Wall Street.

Here's your TnB Tech Minute for Monday, February 5th.

I'm Alex Osala for the Wall Street Journal.

Snapshot Parent Company Snap says it plans to reduce its workforce by about 10% to trim costs

as it grapples with the soft advertising market.

It's the latest round of layoffs for the social media company which cut 20% of staff in

22.

Shares of snap ended the day down 1.8%.

Yandex, often referred to as Russia's Google, has agreed to sell its Russian assets to a group of local

investors for $5.2 billion.

The company, which is listed on Nasdac and based in the Netherlands, says it will retain some of its assets outside of Russia,

including cloud computing and artificial intelligence businesses, and plans to rebrand under a new name.

It's the largest corporate exit from the country since Moscow's

invasion of Ukraine and a sign of Russia's increasing isolation from the West.

And we exclusively report that Medical Genetics Company Invitae is preparing to file for bankruptcy

within weeks.

...