Russia’s sovereign wealth fund RDIF announces an investment in Dostavista, an international crowdsourced delivery service with Russian roots. Neither the amount of the transaction nor the process identity of the co-investors (“leading sovereign wealth funds from the Middle-East”) are disclosed. Founded in 2012, Dostavista is among the international leaders in its field. It currently operates in 10 … Russia-based global delivery service Dostavista attracts funding from sovereign wealth funds Read... Read more ›
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Mail.ru Group in the process of fully acquiring game streaming startup Playkey. Through this acquisition, the LSE-listed Russian Internet major intends to “develop Playkey solutions within [its cloud gaming service] My.Games Cloud and scale cloud gaming in Russia.” Last week the group announced the acquisition of a controlling stake in the company — 80.05% according to the Russian company … After pandemic boosted gaming usage, Mail.Ru acquires cloud gaming startup... Read more ›
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Last month, a handful of journalists and bloggers in France and Germany tweeted screenshots of emails from managers at some kind of marketing agency asking them to share information about higher mortality rates in patients immunized with Pfizer’s coronavirus vaccine relative to other vaccines. As reporters learned that the agency is based in Moscow, French … How a Russian ‘marketing agency’ offered money to Western bloggers to spread fake news... Read more ›
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Russia is a relatively late bloomer in the market of shareable electric scooters, which are available for rent through a number of different smartphone apps. E-scooters, fueled by billions in venture capital funding, first spread rapidly across the U.S. and quickly spread to European capitals. The vehicles, which take up less room than cars or even … Russian urbanites embrace e-scooters Read More Read more ›
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Bringing its contribution to Russia’s emerging outbound cross-border sales, AliExpress Russia announced today the launch of Ruzania, a section of its international platform reserved for select Russian sellers. The first offers come from Maskbro (wooden toys), Bossa Nova and Lucky Child (children’s apparel). Items from these Russian brands can be purchased “not only by Russian-speaking users, but … AliExpress now helps Russian brands sell globally Read More Read more ›
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The Russian government plans to invest 777 billion rubles ($10.5 billion) into electric and hydrogen vehicle development by 2030, according to documents obtained by the Vedomosti news outlet. In the next nine years Russia’s electric vehicle (EV) share of the auto market could grow from 0.05% to 15%, officials at the Ministry of Economic Development said. By … Russian government could invest more than $10 billion for electric and hydrogen... Read more ›
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A young Californian startup created by four Russians could well become one of tomorrow’s leaders in robotics automation. Two years after inception, it has just raised $20 million from international investors — with a valuation exceeding $100 million, according to Forbes Russia. Thanks to ElectroNeek’s robotic process automation platform, businesses can now create more easily digital workforce and personal assistants. As reported … A Russian-founded startup from California attracts $20... Read more ›
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Today Russian lawmakers backed a bill that would force foreign internet companies to set up local offices or face harsh penalties, including an outright ban. The bill was passed on the first of its three required readings, parliament’s lower house said in a statement. The legislation concerns online companies whose daily users in Russia tops … Russian lawmakers make web giants go local Read More Read more ›
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No less than 193,000 people attended virtually the first edition of Smart Cities Moscow, an international online forum which took place earlier this week in Moscow. Eighty-six speakers from Russia, China, Switzerland, Canada, Spain, the United States, Sweden and other countries shared their views, offering fascinating insights about smart city developments across the world. “A … Moscow online event on smart cities attended by 193,000 people from around the world... Read more ›
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Each year specialized research agency Data Insight releases the best available data on the Russian e-commerce market. It has just published the international version of its report for 2020 — a year that witnessed explosive market growth in many segments, as the pandemic drove millions of consumers to online shopping, accelerating the pre-existing more modest expansion trend. … In 2020, Russia recorded one of the world’s highest e-commerce growth rates... Read more ›
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Facebook said Russia and Iran are the internet’s leading spreaders of disinformation aimed at manipulating public opinion in a report published Thursday. Facebook researchers linked most of Russian operations to the Internet Research Agency, a St. Petersburg-based troll factory that was also blamed by the U.S. intelligence community for 2016 election interference. “Facebook’s broader security strategy against … Facebook accuses Russia of spreading disinformation Read More Read more ›
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A world-renowned company in the game and payment industries, Xsolla could be worth $3 billion, according to research from Goldman Sachs and Bank of America. This company was founded back 15 years ago in the city of Perm, 680 miles east of Moscow. Today it has offices in the USA, Russia and South Korea. In 2020, it … From Russian village to Silicon Valley: How Alexander Agapitov built a $3... Read more ›
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Russian online video major IVI announced today a $250 million funding round involving top state and private investors. This is one of the biggest deals of the past years on the Russian tech scene, and an all-time record in the online video segment. The composition of the investor consortium is noteworthy: it combines two major … Online video leader IVI raises $250 million from state and private investors, keeps western... Read more ›
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A recently reported increase in the number of cybercrimes in Russia poses a threat to the national security, a senior official with the Russian Prosecutor General’s Office told TASS. The number of identified crimes committed with the use of information and communication technologies “jumped by 74%, from 294,000 in 2019 to 510,000 in 2020,” stated … Cybercrime poses threat to Russia’s national security, says Prosecutor General’s Office Read More Read more ›
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Russian billionaire Zakhar Smushkin — chairman of the Ilim pulp and paper group and #122 in the Forbes ranking of top Russian businessmen — intends to invest 400 million rubles in an adtech startup called Vieweo. This capital injection (equivalent to $5.5 million at the current exchange rate) will be made until the end of … Russian pulp and paper billionaire backs startup that recognizes fashion items in TV programs... Read more ›
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A draft law has been submitted to the Russian State Duma that will oblige foreign IT companies to open full-fledged representative offices in Russia. Hosting providers, advertising systems operators, and “online information distributors” are concerned as well. Should such a law be adopted, foreign companies with an annual client base of at least 500,000 Russian users will … Russia considers mandating foreign IT companies to open local representative offices Read... Read more ›
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Russia’s internet regulator has threatened to slow down Google services in Russia if it does not comply with requests to delete content within 24 hours. According to Roskomnadzor, Google has failed to remove 20-30% of links to content which are prohibited in Russia — a controversial category which includes content promoting drug use and featuring … Russia gives Google 24-hour ultimatum to remove banned content Read More Read more ›
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Last week Elon Musk spoke remotely at a Russian state-sponsored education forum, spending 40 minutes answering questions from students. The tech celebrity said he received a personal invitation from President Vladimir Putin’s press secretary Dmitry Peskov. Among other speakers at the event were Steve Wozniak, on the international side, and a bevy of tech CEOs … “All transport on earth will be electric,” says Elon Musk to Russian students Read... Read more ›
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A Moscow-based startup called Neiry is developing “human-friendly neural interfaces” applicable to a variety of daily tasks — from gaming and entertainment, to medical therapy, to training, to business. Supported by Russian state innovation programs, this startup believes it can “improve and restore human abilities and functions that were previously unattainable,” and contribute to “the acceleration … Russian neurotech startup raises $7.4 million to “accelerate computer-integrated human evolution” Read Mor Read more ›
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A recently reported increase in the number of cybercrimes in Russia poses a threat to the national security, a senior official with the Russian Prosecutor General’s Office told TASS. The number of identified crimes committed with the use of information and communication technologies “jumped by 74%, from 294,000 in 2019 to 510,000 in 2020,” stated … Cybercrime poses threat to Russia’s national security, says Prosecutor General’s Office Read More Read more ›
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Business Insider
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Tech Wire Asia
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The Verge
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27.11.2024 15:30
Last update: 15:26 EDT.
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