Russia plans state-backed Web search engine named after Sputnik: report

MOSCOW (Reuters) - State-controlled telecoms group Rostelecom plans an internet search engine named after the Sputnik satellite, Vedomosti newspaper said on Friday, though analysts said the aim to muscle into the highly competitive Russian market was doomed. The government has made moves to boost control over the Internet, but a state-backed search engine, to be called www.sputnik.ru, would face leading search engine company Yandex, with 62 percent of the market, U.S. giant Google and Mail.Ru. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/russia-plans-state-backed-search-engine-named-sputnik-105851953--finance.html