I think its very possible that Russia might fear the internet. With social media and the internet it is getting harder for people to hide things and therefore it can be very dangerous for oppressive regimes to exist. People will be able to find out things and revolutions can start. A good example is the Arab Spring.
Russia fears the power of the internet. This is evidenced by the banning of LinkedIn. The internet is so powerful and it is the greatest gateway for social media. This is where different kinds of issues and protests are generated from. It is the best and worst place. I think Russia feels it is the beginning of their failure.
Yes, Russia fears the power of the internet because they are banning LinkedIn. Countries that are afraid of what people will write about them will ban certain websites. North Korea has done the same. It is simply a way of creating propaganda for all of its people. It is a real shame.
LinkedIn had notice of that law and they had, like many others, a grace period after the law came into force to comply. They chose to ignore it while others did comply. Consequently, they got stung in their behind for that. Why is anyone surprised?! Recall why that law was enacted: After the Ukrainian coup, Visa, MasterCard cut off some of the Russian banks on the say so of the US Government. As a result, Russia passed laws to force foreign card processors to process domestic transactions using domestic processors, after huffing and puffing both Visa and MC subscribed to that.