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Head of Russian Social Network VKontakte Steps Down

by Mike Isaac

Pavel Durov, the 29-year-old founder of the giant Russian social network VKontakte, has resigned from his CEO post at the company, according to a post to his VK page on Tuesday. The move comes amid a shareholder fight in which two investment groups are battling for greater control of the company.

This article originally appeared on Recode.net.

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