DPR ready for meetings of Contact Group in Minsk on December 24 and 26 - DPR envoy
Russia’s new gas pipeline to Turkey may be named Turkish Stream
Moscow concerned by deadlock in Middle East conflict settlement — Lavrov
US sanctions, Ukraine’s pro-NATO drive poisoning relations with Russia - Medvedev
JP Morgan says Russian economy will contract by 3.3% in 2015
Discussion of human rights in N Korea at UN Security Council unhelpful for dialogueRussia December 23, 7:19
World Bank issues loan of $ 378 million to Ukraine for power engineering industryWorld December 23, 6:30
Russia's invitation to Obama to attend 70th jubilee of VE-Day not dismissedWorld December 23, 6:04
Soldiers’ Mothers of St Pete organization to challenge status of foreign agentRussia December 23, 6:01
Russia’s long-range aviation marking centenary jubileeRussia December 23, 4:57
US sanctions, Ukraine’s pro-NATO drive poisoning relations with Russia - MedvedevRussia December 23, 3:12
Advance section of new Moscow-St Petersburg motorway to open in Moscow regionNon-political December 23, 3:08
Russian popular daily publishes eyewitness report on Ukraine’s role in MH17 crashWorld December 23, 1:23
New treaty between Russia and South Ossetia to be ready by late January 2015 - SurkovRussia December 23, 1:12
“I have learnt a lot in the last few days about what could happen to VKontakte if I left,” Durov wrote on his own VKontakte page. “And I could clearly see that my resignation at a difficult moment like this would be a betrayal of everything we have defended over the last seven years. It would be a very simple and destructive outcome.”
“Thanks to everyone who supported me on April 1,” he added. “By choosing this date, I have tried to hint that my decision to resign was not final and was only necessary to collect some information. I am not going to leave anywhere and still remain VKontakte's general director.”
Durov, who announced Tuesday he was stepping down as the company's head, sent a note to shareholders today to explain why he was staying on, said Forbes.
“Since it came to my knowledge that my resignation at this moment can create unnecessary risks for our company, I intend to remain and serve as the CEO,” the note says as quoted by the magazine.
“As a result of events subsequent to the change in the shareholding of VKontakte in April 2013, the freedom of the CEO to manage the company has been significantly reduced," he posted. “It’s becoming increasingly difficult to defend those principles which were once laid in the foundation of our social network.”
Known as “Russia’s Facebook”, VKontakte has a strong position in the Russian market as a platform for people exchanging views on the world. The social network, available in several languages, has also developed as a key platform for digital media and one of the most popular places to listen to and share music.
The ownership of VKontakte is currently held by two companies, the VC United Capital Partners and Russian Internet giant Mail.ru, with the latter owning just under 52%, after picking up in March the remaining 12% owned by Durov, who first sold it on to Megafon head Ivan Tavrin in January.