Itogo.ru, an online B2B and B2C seller of electronic goods and home appliances — from smartphones to microwave ovens — has raised 3 billion rubles from Lanit Ventures. This fund, the historic investor of Itogo, is the venture arm of Lanit, a major Russian IT group. By Russian standards, this is a sizeable amount (around … Russian IT major Lanit pours 3 billion rubles into B2B online store Read More Read more ›
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Google’s Russian branch has initiated a bankruptcy procedure over its inability to pay a $100-million fine for keeping up content Moscow deems illegal, media reported Wednesday as Russia continues to intensify its pressure on Big Tech following its invasion of Ukraine. A Moscow court fined Google 7.2 billion rubles ($113.5 million) in December 2021 for failure to remove content … Google Russia prepares bankruptcy procedure Read More Read more ›
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Serge Faguet, a Ukraine-born tech entrepreneur who studied at Stanford and co-founded Russian booking service Ostrovok.ru in the early 2010s, made a public confession last week in a Medium post. In the summer of last year, a Russian customs agent at the Moscow airport found five tabs of acid — in addition to a US-physician-prescribed … How tech entrepreneur Serge Faguet created a new startup from a Russian prison Read... Read more ›
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Two days after the start of Russia’s invasion of Ukraine, a group of hackers managed to get access to several Russian state-owned television channels and broadcast anti-war videos. But the attack ended after a few minutes and regular programming resumed. This type of fleeting hacking operation has been repeated many times in Russia in recent weeks in … Hacker attacks on Russia gain attention but cause little damage Read More Read more ›
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Ads to access Spotify Premium, Netflix Premium, Pornhub and VPN services are flourishing in Russia — be it on the darkness or on legitimate classifieds platforms such as Avito. Russian business daily Kommersant found no fewer than 60 ads to access Spotify, most often offering offer to join a foreign family account. Meanwhile, 57 Spotify account … Cheap access to top international video platforms available on Russian darknet Read More Read more ›
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In the instable environment created by Russia’s war on Ukraine, Yandex’s annual report to the US Security Exchange Commission (SEC) — which focuses mainly on last year’s company performance — sheds light on a range of pressing business issues and potential company risks. The report was issued Thursday by Yandex’s Netherlands-headquartered mother company, which has been listed … Yandex scales back “many planned investments,” withdraws 2022 financial guidance Read More Read more ›
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Just one day after Binanceannounced it was deactivating the accounts of its major clients in Russia in order to comply with EU sanctions, Reuters reveals how, starting from April 2021, the world’s leading crypto exchange secretly shared client data with the Russian authorities. At the time, Russia’s financial intelligence unit Rosfinmonitoring (Rosfin) was “seeking to trace millions … Reuters: Binance built ties to a Russian FSB-linked agency Read More Read more ›
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The world’s largest cryptocurrency exchange is deactivating the accounts of its major clients in Russia, it said on Thursday, cutting back its services in the country in line with European Union sanctions. Binance told users that Russian nationals and people living in the country, as well as companies based there, that hold crypto worth over 10,000 euros ($10,900), would … Crypto exchange Binance curbs services in Russia Read More Read more ›
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Yesterday SAP announced “further steps” to “support Ukraine” and “plan Russia exit.” As announced in late March, the global enterprise software giant is in the process of shutting down its cloud services in Russia. As part of this process, “we have given non-sanctioned companies in Russia the choice to have their data deleted, sent to them, or migrated … SAP “supports Ukraine” but has “no magical button” to make Russian... Read more ›
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Google Maps denied reports Monday that it had made Russia’s strategic facilities visible to users, allegedly revealing details of the country’s military infrastructure. Satellite images of military facilities are sometimes blurred by Google Maps, or displayed in lower quality, to protect their classified status. “We haven’t made any blurring changes to our satellite imagery in Russia,” Google … Google denies removing blurring for Russia’s military sites Read More Read more ›
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Yandex, the Russian online search giant — also running a variety of other digital services — is unlikely to sell its news aggregation service and infotainment platform ‘Zen’ in the foreseeable future. In mid-March, the company was considering such a move, possibly linked to the government’s crackdown on free expression. Amid the war on Ukraine, a new law had banned what the authorities … Yandex won’t sell its news and... Read more ›
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Two of Russia’s largest search engines have removed results for Facebook, Instagram and several independent news websites after authorities blocked or declared them “extremist.” Meduza, Mediazona, Deutsche Welle, Current Time, Kholod, The Insider and other news outlets that have been providing independent coverage of Russia’s invasion of Ukraine were also removed from search results. Yandex … Russian search engines remove “extremist” Instagram, Facebook, independent media results Read More Read more ›
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Russia has arrested the alleged co-founder of dark web platform Hydra a week after U.S. and German authorities said they shut down what they called the world’s largest illegal darknet marketplace. German police said this month it took control of Hydra’s Germany-based servers and seized $25 million in bitcoin assets. The U.S. Justice named Dmitry Pavlov, 30, as the … Russia arrests alleged co-founder of world’s largest darknet marketplace Read... Read more ›
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Virtual private networks (VPNs) are more in use than ever in Russia as a number of social networks and media have been made inaccessible by the authorities. Mobile operator Yota reports that the proportion of its subscribers using VPN services grew 38-fold, reaching 22.8% of the total number of Yota clients, from Jan. 1 to … VPN use skyrockets as Russia blocks popular social networks and media resources Read More Read more ›
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The Russian e-commerce market grew by more than 50% last year, reports research agency Data Insight, reaching 4.1 trillion rubles (around $55 billion at the average exchange rate), up from 2.7 trillion rubles in 2020. No less than 1.7 trillion orders were made, more than doubling (+104%) year-on-year — in which Data Insight sees an … After online orders doubled in 2021, Russian e-commerce keeps positive track in time of... Read more ›
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TikTok issued an update Tuesday on its efforts to stem the flow of misinformation about Russia’s invasion of Ukraine, but the company doesn’t appear to be effectively implementing its existing policies around the war. The social network cut off new content originating in Russia in early March in response to a harsh new law in the country criminalizing “fake … Russian state media is still posting to TikTok a month... Read more ›
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The United States said on Wednesday that it had secretly removed malware from computer networks around the world in recent weeks, a step to pre-empt Russian cyberattacks and send a message to President Vladimir V. Putin of Russia. The move, made public by Attorney General Merrick B. Garland, comes as U.S. officials warn that Russia … How US secretly removed malware worldwide, pre-empting Russian cyberattacks Read More Read more ›
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This year, Google Summer of Code (GSoC) — a global online program focused on bringing more developers into open source software development — will not accept participants from Russia or Belarus. Neither will coders from “the so-called Donetsk People’s Republic (‘DNR’) and Luhansk People’s Republic (‘LNR’)” be allowed to participate, says GSoC in its FAQ, referring to “current circumstances.” Ukrainian participants are welcome, provided that they are located outside …... Read more ›
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Abu Dhabi sovereign wealth fund Mubadala Investment Company has suspended its investments in Russia due to the Ukraine crisis, one of its top executive said last week. “What is happening in this crisis between Russia and Ukraine is a travesty, with catastrophic consequences, in terms of human life and in terms of the impact it’s having on economies all … Abu Dhabi sovereign wealth fund suspends investments in Russia Read... Read more ›
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Yandex, the Russian digital giant whose Nasdaq stock trading has been suspend since Feb. 28, laid off over two dozen US-based workers last month, reported The Verge. Yandex had been operating a small fleet of driverless cars in Ann Arbor, Michigan. Yandex said the vehicle licenses were suspended by the state authorities — which Michigan denies. Soon after Russia’s invasion of … Yandex stops delivery and mobility activities in US,... Read more ›
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Most popular sources
Business Insider
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30% 4 |
Wired
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9% 6 |
The Verge
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8% 0 |
Tech Wire Asia
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6% 5 |
Gizmodo
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6% 0 |
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27.11.2024 03:47
Last update: 03:41 EDT.
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