East-West Digital News

Founded in 2011, East-West Digital News is an online resource dedicated to the Russian high tech industry — providing fresh news, market research and business consulting services. Its news service and publications were suspended in 2022 as a consequence of Russia’s war on Ukraine and the subsequent international isolation.

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Russian security company breaks Blackberry passwords

Russian corporate security and IT audit software company Elcomsoft released a new version of its Phone Password Breaker last week that has the ability to recover the passwords of Blackberry smartphones. Data protection on Blackberry devices was considered to be insuperable, but password recovery is possible using Elcomsoft’s technology if the “Device password” security option …

Russian security company breaks Blackberry passwords Read More

Ozon to start operations in Kazakhstan

Top Russian e-commerce player Ozon.ru will begin delivering its parcels directly to clients in Kazakhstan, the company confirmed to East-West Digital News. The new service will start in November 2011. Ozon.ru is setting up pick up points in Astana, the capital, and Alma-Ata, the country’s largest city and will also offer its own local delivery …

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Russian authorities block huge new personal data leak

On Thursday, October 1, a group of anonymous Russian citizens launched Rusleaks, a web site providing open access to a significant volume of personal and corporate data from a variety sources, including highly confidential ones such as the databases of Russian tax service and law enforcement agencies. The site was no more accessible today after …

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Krasnoyarsk region aims to “link government, science and business” in new innovation system

Lev Kuznetsov, governor of the Siberian region of Krasnoyarsk, approved an innovation development strategy last week slated to run to 2020. “Reaching agreement between government, science and business on this issue is of utmost importance. The system we are building has to address two existing weaknesses in Russian innovation: insufficient coordination as well as weak …

Krasnoyarsk region aims to “link government, science and business” in new innovation system Read More

Painful week for Yandex on NASDAQ after market share drops and patch up work goes wrong

The share price of Russian search giant Yandex, introduced on NASDAQ in May, hit a historic low yesterday at $21.17 before closing at $22.6 – well below the company’s IPO offer price of $25 and almost two times below the peak level, $42.01, reached shortly after the stock was listed. Investor defiance peaked on Wednesday …

Painful week for Yandex on NASDAQ after market share drops and patch up work goes wrong Read More

US-Russian programming contest offers tools to improve e-democracy

Code4Country, a two-day jointly sponsored US-Russian programming contest, or “codeathon,” took place on 24 -25 September, pitting national programmer teams against each other in a battle to produce innovative tools that enable greater transparency and more open government.

Ambitious Russian social gifting app launched on Turkish version of Facebook

Russian programmer and businessman Valery Gasratov launched social gifting application Giftofoni last week, allowing Turkish speaking Facebook users to order gifts and organize parties. The application is derived from Welcome Gifts, Zhelannye Podarki in Russian, an application launched last year by Gasratov’s team on Odnoklassniki.ru, a leading Russian social networking site. Welcome Gifts was used by 12 …

Ambitious Russian social gifting app launched on Turkish version of Facebook Read More

Asteros becomes first Apple authorized system integrator in Russia

Last week, IT firm Asteros, headquartered in Moscow, became the first Russian company to receive the status of Authorized Systems Integrator from Apple. Asteros will integrate and service Apple-branded hardware into its clients’ IT infrastructure and tailor the US company’s software to fit the needs of Asteros’ Russian clients.

Russian state bank VEB to invest $25 million in supercomputing company

Russian state bank Vnesheconombank (VEB) is set to acquire a 25% stake in T-Platforms, a high performance computing company, following approval from the Russian Federal Antimonopoly Service on Sept. 19. The acquisition will give VEB a blocking stake in the company. With bases in Moscow and Hanover, T-Platform has several of its end user supercomputing installations listed among …

Russian state bank VEB to invest $25 million in supercomputing company Read More

VimpelCom Italian subsidiary Wind acquires LTE license for €977 million

The Italian government has sold three LTE licenses in the 800 Mhz frequency range for a total of €3.7 billion. Wind Telecomunicazioni, a fully owned subsidiary of VimpelCom, paid €977 million for the license and intends to bid for further frequencies in the 1,800, 2,000 and 2,600 Mhz ranges. The other successful license auction bidders …

VimpelCom Italian subsidiary Wind acquires LTE license for €977 million Read More

Major retailers switching to all digital distribution for software, music and video

M.Video, a leading Russian consumer electronics retailer, announced last week its intention to switch from physical to digital distribution of its range of software, music and movies. The company believes that it makes less commercial sense to sell software, music and movies ‘in boxes’, when it is easier for consumers to simply download them.

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