So far the Russian innovation ecosystem has not generated a large number of green tech projects. Why so? This statement is less true than it seems if you take into account technologies that do have a positive impact on the environment but are primarily presented as addressing energy or process efficiency issues. Many of the … Oleg Dubnov of Skolkovo Energy Cluster: “Green is not contradictory to business — and... Read more ›
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Sber, Russia’s state-controlled financial and tech giant, and its US partner 500 Startups announce the third batch of Sber500, their joint startup acceleration program. The closing date for entries is January 10, 2021. This batch is touted as a “powerful response to the current challenges and conditions that startups faced in 2020.” The program will … Sber’s international accelerator launches third batch with support from 500 Startups Read More Read more ›
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This material is a shortened version of an article which appeared in The Moscow Times Whether you live in Moscow, Berlin, New York, Tokyo, Delhi or Buenos Aires, chances are you still think TikTok is some kind of marginal Chinese social network where teenagers from all over the world dance and sing. Not anymore, it … Pro-Kremlin trolls invade TikTok as Chinese network gains massive popularity in Russia Read More Read more ›
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Russian online dating leader Mamba is investing some $3 million to develop its business in Germany and Italy, reported Kommersant, citing exchanges with company representatives. The average monthly revenue per user exceeds is almost twice as high as in Russia, where it stands around 500 rubles ($6.7 at the current exchange rate), the business daily … Russian dating major Mamba invests $3 million to develop in Germany, Italy Read More Read more ›
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Facebook has removed three networks originating in Russia and France for violating its policy against foreign interference, the company reported on Tuesday, December 15. According to Facebook, these networks were responsible for carrying out “coordinated inauthentic behavior” targeting multiple countries in North Africa and the Middle East. While Facebook has removed Russian “troll factories” for … Facebook takes down rival networks from Russia and France for attempted interference in African... Read more ›
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This deal might look modest by its amount, but it a very rare case of a Russian acquisition in Germany in the field of IT. Softline, a Moscow-headquartered international solution and service provider, is taking control of the almost eponymous German IT company Softline AG. The Russian group has agreed to acquire 63.38% of the German company, which is listed … Russian Softline to acquire German Softline Read More Read more ›
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IntellectoKids, a Russian-founded edtech startup, has raised a $3 million Series A round, reports VC.RU. The funding was provided by Allrise Capital (Silicon Valley), Vershina Capital (Moscow) and Quonota Investments (Cyprus), as well as Genesis Investments, a major Ukrainian investor which led a previous round just a year ago. Founded in 2016, IntellectoKids offers a media, entertainment and education platform … IntellectoKids raises $3 million from US, Russian, Cypriot and... Read more ›
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Russian businessman and philanthropist Ismail Akhmetov has invested in Hoversurf, a pioneer in autonomous flying vehicles. The amount of the deal was not disclosed, but company valuation was established at $30 million, the Russian media reported. Previous investors in the company include Qiwi co-founder Sergey Solonin, the Starta Ventures fund and several Russian individual investors. … Hoversurf wants to make Russia a global leader in air mobility Read More Read more ›
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Just days after its anti-covid digital solutions were awarded at a prestigious nationwide contest, the Moscow mayor’s office admitted that some 300,000 Moscow Covid-19 patients were affected by a huge data breach. The incident was revealed by online publication Readovka, according to which not only patients’ full names, but also their address details and Covid-related medical … Moscow Covid-19 patients affected by huge data leak Read More Read more ›
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Russia’s Yandex has started using its self-driving robot to deliver fast food orders, the company announced Wednesday. The small six-wheeled autonomous robot — dubbed Yandex Rover — has started delivering orders from Yandex’s food delivery service, Yandex Eats, to customers in one of Moscow’s central business districts. Just like a human courier, after an order … Yandex launches food delivery robots Read More Read more ›
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Today Russian e-commerce major Ozon announced the completion of its IPO, which started triumphantly on Nov. 24. In total, 37,950,000 ordinary shares, represented by American depositary shares (ADSs) were acquired by new investors. (This number includes 33,000,000 ordinary shares plus an additional 4,950,000 ordinary shares corresponding to purchase options exercised by underwriters. ) Taking into account the private placements and … Ozon’s oversubscribed IPO brings in $1.2 billion Read More Read more ›
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Smartphones with a Kaspersky-made operating system for enhanced security will appear next year, said Kaspersky Lab founder Eugene Kaspersky in an exchange with RIA Novosti. His company partners with an unnamed Chinese smartphone maker. These smartphones with the Kaspersky operating system will have basic applications and its own browser. They are intended for specific types of use: … Kaspersky Lab plans to supply mobile OS for enhanced protection Read More Read more ›
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UCHi.RU, Russia’s leading online education platform for school pupils, has agreed an investment of at least 3.75 billion rubles ($50 million at the current exchange rate) from Mail.ru Group in exchange for a 25% stake. RDIF, Russia’s sovereign wealth fund, and the Russia-China Investment Fund are also investing an undisclosed amount in the company, in which … Amid the pandemic, online education platform gets huge funding boost from Mail.Ru, RDIF... Read more ›
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Cleverbots, a Russian integrator of AI-powered enterprise solutions, has raised $1 million from the agroindustrial group AST. No details of the transaction were disclosed. The fresh funding will allow Cleverbots to hire new employees, support marketing and scale the business both domestically and abroad. AST’s existing offices in Switzerland and the United Arab Emirates, may be used as launchpads for … Russia’s Cleverbots launches AI solution marketplace and secures $1... Read more ›
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Last week Sber, Russia’s financial and tech giant (previously known as Sberbank) announced plans to open an international institute for artificial intelligence in Russia as early January 2021. Sber’s head German Gref defined the main mission of the institute as “to provide an interdisciplinary approach to research” in the field of AI. German-Swiss computer … Sber to launch international AI research institute in Russia Read More Read more ›
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Yesterday Moscow City’s digital solutions aimed at combating the Covid-19 pandemic were awarded with a ‘Runet Prize‘ in the ‘Technologies vs Coronavirus’ nomination. The Runet Prize is among Russia’s main industry awards, aiming to single out the most remarkable initiatives for the development of the Russian Internet. This year, the prize will be presented for the 17th … Moscow City’s anti-Covid digital solutions awarded by ‘Runet Prize’ Read More Read more ›
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As part of the European strategy for data, the European Commission proposes a set of measures to “foster the availability of data.” A part of them, published on November 25, focus on “increasing trust in data intermediaries and strengthening data-sharing mechanisms across the EU.” These measures are aligned with the consumer protection requirements under the General Data Protection Regulation (GDPR) … Proposed EU ‘Data Governance Act’ will make data exchanges... Read more ›
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The Russian-born edtech startup Novakid has just completed a $4.25 million Series A round. The deal was led by Hungary-based PortfoLion and LearnStart, a major edtech-focused US fund, with participation from TMT Investments and Xploration Capital. A previous $1.5 million funding round took place less than a year ago, involving South Korean VC BonAngels and Russian VC … Edtech startup with Russian roots grows by 500% y-o-y and raises millions... Read more ›
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Three months after The Guardian published an op-ed entirely written by AI, Yandex announces the “first-ever book translated by AI from English into Russian in less than a minute and published for a mainstream audience.” The book is that of Daniel Susskind, a famous English economist, on the coming era of artificial intelligence: A World Without Work: Technology, Automation, … “A World Without Work:” First-ever AI-translated book published in Russia... Read more ›
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Sber, Russia’s state-controlled financial and tech giant (previously known as Sberbank), is displaying its ambitions in the field of e-commerce, in spite of several previous unsuccessful attempts. Last week, Sber announced the creation of a dedicated division to run its existing assets in this field. Among these are Sberlogistika and Sbermarket, two services which where … Sber displays its leadership ambition in Russian e-commerce space Read More Read more ›
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Business Insider
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27% 1 |
Tech Wire Asia
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16% 11 |
Eurogamer.net
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6% 2 |
CNET
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6% 3 |
The Verge
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5% 2 |
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27.11.2024 20:37
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