On Friday, Sept. 17, Apple and Google disabled Russian users’ access to the pro-opposition ‘Smart Voting’ app in their online stores. Just hours later Telegram, the international instant messenger whose creator Pavel Durov touts its full independence, dealt a new blow to ‘Smart Voting’ by suspending — in a selective and controversial way — bots associated … How Russia forced Apple and Google to block Navalny app on day of... Read more ›
0
Russian consumer electronics major M.Video-Eldorado Group announces today the full acquisition of online lending platform Direct Credit as part of its strategy to develop its “promising fintech business.” The transaction amounted to 1.3 billion rubles (nearly $18 million at the current exchange rate). Direct Credit services will be integrated into in the group’s fast-growing OneRetail platform, both online … M.Video-Eldorado acquires online lending platform, aims to deploy fintech services “across... Read more ›
0
Based in Montpellier, France, Scaleo Medical is a developer and producer of medical equipment for hospital and home use. With a focus on oxygen therapy, respiratory orthopaedics and patient transfer tools, the company is now developing a brand-new concept around e-health devices. Cédric Etlicher, GM of Scaleo Medical in Russia, shared with FrenchTech his experience of doing business … Cédric Etlicher of Scaleo Medical: “Doing business with Russians spices life... Read more ›
0
Earlier this week Yandex, the NASDAQ-listed Russian digital giant, announced the incorporation of ClickHouse as a legal entity. This spinoff aims to provide commercial impetus to what was so far essentially a community-led open source activity around distributed database management systems (DBMS). Under plans, new commercial products will be developed — including, for example, a cloud-based version of DBMS … Yandex teams up with top US funds to commercialize database... Read more ›
15
Softline, an international solution and service provider with Russian roots, is pursuing its international expansion with two deals announced this month. The group announced it acquired the licensing business of Squalio, an international data technology company, in the Baltic states (Estonia, Latvia and Lithuania) and Belarus Belarus and Estonia. Founded in 1997 in Latvia, Squalio has representative offices in ten countries around the … Russian Softline pursues international expansion in... Read more ›
0
Recently, the popularity and adoption of artificial intelligence (AI) and machine learning (ML) into various business processes has been actively growing. This is evidenced, for example, by the steadily increasing media coverage, which indicates an increasing relevance of the technology. A growing number of application practices confirm the fact: the ICT.Moscow database, in 2021 alone, collected … The pursuit of a human face: Can interfaces make machine learning accessible? Read... Read more ›
0
HelloFresh, the Germany-based international meal kit giant, has acquired an “approximately 10% stake” in its Russian counterpart Chefmarket. The amount of this investment (a capital injection) was not disclosed, but the companies mentioned a “single-digit million euro figure” in their announcement last week. The deal is touted as “a strategic step for HelloFresh to tap into an emerging market with significant growth potential,” … Global meal kit delivery giant HelloFresh... Read more ›
0
A new law regulating the activity of foreign digital companies in Russia, adopted in early July, is already coming into force, as witnessed by several new orders issued last week by Roskomnadzor, the Internet and telecom regulator. Owners of websites, information systems, or electronic programs that generate a daily traffic of 500,000 users from Russia or more are required to open a … Russia tightens control over foreign large-traffic sites... Read more ›
0
MTS AI, the artificial intelligence arm of Russian telco MTS, is launching an international acceleration program and venture fund to invest in AI startups across the world. Dubbed ‘Intema,’ the platform plans to invest some $100 million in startups from late seed up to Series B. The investments focus on language, image and behavior analytics, edge computing and logistics, Alexey Posternak, CFO … Russian mobile operator MTS to invest $100... Read more ›
0
Apple and Google have deleted jailed Kremlin critic Alexei Navalny’s apps from their online stores after Russian authorities threatened jail time for their employees, Navalny’s aides said Friday. The move comes as voting gets underway in parliamentary elections overshadowed by an unprecedented crackdown on the opposition. The Navalny app contained recommendations for its supporters to … Apple, Google delete Navalny app on day of Russian parliamentary vote Read More Read more ›
0
A new unicorn emerged discretely earlier this year in the globalized Russian-speaking startup entrepreneur community. InDriver, a ride-hailing app founded in Yakutsk, Siberia, back in 2012, was valued at $1.23 billion as it raised a $150 million this past February from leading US funds. The deal has remained undisclosed until last week, when InDriver’s founder Arsen Tomsky shared this information in a Facebook post, as the company is … Siberian-born... Read more ›
0
In the run-up to Russia’s parliamentary elections on Sept. 17-18-19, the Kremlin’s battle against online dissent brings new developments everyday. Russian and foreign tech majors are not spared, as reported by East-West Digital News, with Yandex and Google at the forefront. This past Monday, as reported by Interfax, court marshals visited Google’s Moscow office to enforce an injunctive … Court marshals visit Google’s Moscow office to enforce censorship decision Read... Read more ›
0
Russian electric car drivers will be able to access toll roads at no cost starting from 2022 in a new trial experiment, the RBC news website reported Monday, citing a recently published draft government plan. The initiative, part of the new Development Concept for the Production and Use of Electric Automobile Transport signed by Prime Minister Mikhail Mishustin on … Russia to grant toll-free status to electric cars from 2022... Read more ›
0
The man accused of killing a Russian meat magnate in his sauna with a crossbow has been caught after escaping from jail, investigators said Tuesday. Alexander Mavridi, who escaped from a pre-trial detention center in the Moscow region last month, was detained in the capital Tuesday after he was detected by the city’s facial-recognition surveillance cameras, the state-run TASS … Escaped killer of Russian meat magnate caught via facial recognition... Read more ›
0
The Russian investment club “Promising Projects” and the AI Cluster of the Novosibirsk Akademgorodok have teamed up to launch a $100 million fund focusing on AI, ML, data mathematics and cybersecurity. Dubbed ‘AI 1 Ventures’ and incorporated in Luxembourg, the new fund targets such areas as Eastern and Western Europe, including the Baltic states, as well as Israel. Tickets from $250,000 to $5 … New Russian fund intends to invest... Read more ›
0
In the run-up to the September 17-19 parliamentary elections, as the authorities have been purging the field of almost all genuine opposition politicians, the battle against dissent is also raging online. In recent weeks the authorities barred dozens of websites linked to jailed Kremlin critic Alexei Navalny, including his main website navalny.com; they also had Yandex remove ‘Smart … Russia’s prosecutor sends letters to Apple and Google CEOs, Foreign Affairs... Read more ›
0
Russia’s Hermitage Museum, one of the world’s largest art collection, has sold digital copies of several masterpieces in the form of non-fungible tokens (NFT). The auction, in partnership with cryptocurrency exchange Binance, took place from August 31 to September 7. A limited series of NFTs were brought out, featuring digital reproductions of Leonardo da Vinci’s Madonna Litta, Giorgione’s Judith, Vincent van Gogh’s Lilac … Russia’s Hermitage experiments with NFTs, “an... Read more ›
0
Russian car-sharing major Delimobil and real estate database Cian are considering US IPOs this autumn, hoping to raise around $350 million each, according to “financial market sources” cited by Reuters on Tuesday. Delimobil, which announced a $75 million private equity round this past June, is now eyeing a $350 million listing on the New York Stock Exchange and a dual listing … Cian, Delimobil target New York IPOs this autumn... Read more ›
0
A cyber attack on Russian tech giant Yandex’s servers in August and September was the largest known distributed denial-of-service (DDoS) attack in the history of the internet, the company said on Thursday. The DDoS attack, in which hackers try to flood a network with unusually high volumes of data traffic in order to paralyse it when … Yandex says it repelled biggest DDoS attack in history Read More Read more ›
0
On Sept. 1 KupiVIP, once a top Russian fashion site, and its affiliate Mamsy.ru, ceased their activities. “For 13 years we made you happy with each purchase [but] our story is over now,” reads the KupiVIP site. After its foundation in 2008 by German entrepreneur Oskar Hartmann, KupiVIP was one of the most established e-commerce brands in … Ex-fashion leader KupiVIP shuts down after glorious e-commerce story Read More Read more ›
0
Most popular sources
Business Insider
|
24% 7 |
The Verge
|
9% 3 |
Tech Wire Asia
|
8% 1 |
Android Authority
|
8% 5 |
Tom's Hardware
|
7% 5 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 11:59
Last update: 11:51 EDT.
News rating updated: 18:51.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.