Russian tech giant VK posted a staggering net loss of 94.94 billion rubles ($1.12 billion) in 2024 — nearly three times the 34.29 billion rubles ($405 million) it lost in 2023 — despite achieving record-high revenue, according to its annual report published Thursday.
I’m not Russian either but it’s like Russian Facebook with all the problems Facebook has, but under Russian control rather than American. Supposedly even more deeply integrated with intelligence agencies than Facebook is.
It tries to be the only website you ever need to visit so it can always show you as and always track you.