Microsoft earned over $1 billion on the Russian market in the financial year ending June 30, the company’s Chief Operating Officer Kevin Turner told analysts. Microsoft’s revenues on the Russian market showed the fastest growth in terms revenues, alongside its growth on the Brazilian market, Turner added.
Tokyo-based cyber security firm TrendMicro revealed on Wednesday a major cyber theft of $3.2 million in six months starting in January 2011. The young hacker, nicknamed “Soldier”, resides in Russia, the firm believes. TrendMicro reported on this case in the company’s weblog this Wednesday.
A new worldwide games market study released on Tuesday by Amsterdam based research firm Newzoo forecasts that Russian consumer spending on games will grow to $1.5 billion in 2011. The absolute number of Russian gamers, 38 million, or 83% of the country’s total 45 million Internet How To Get Ex Boy Back monthly users aged …
38 million Russians to spend $1.5 billion on games in 2011 Read More
Surfingbird.ru, the first collaborative content discovery service on the Russian-language Internet, raised $2.5 million last month from Russian and French business angels. The deal brought the startup’s valuation to just under $2.5 million, a source close to the deal told East-West Digital News.
Senior Russian and Singaporean representatives meeting at bilateral commission in Moscow on Tuesday have agreed to develop cooperation in the information technology sector – in particular in the sphere of personal data security.
Mosventure, a fund owned by the Moscow city administration and focused on small and medium sized scientific and technical projects, plans to support up to 70 projects before the end of the year. These plans were announced last week by the fund’s executive director Alexey Kostrov in an interview with Russian news agency RIA Novosti.
Two weeks after Foursquare made available a Russian version of its service – along with versions in Bahasa Indonesian, Korean, Portuguese, and Thai – a powerful Russian media group, RBC, announced it has invested $1 million in Ogorod.ru, one of the two best-known local services inspired by the Foursquare concept.
Fiber-optic telecommunication provider Transtelecom (TTK) won 20 of 24 wireless Internet licenses last week in three tenders organized by Russian telecom regulator Roskomnadzor.
Private equity fund CapMan Russia announced last week that it has made its first investment ever in a telecom asset. The CapMan fund bought a 20% stake in Siberian Networks, one of the leading ISPs in Western Siberia, and the fund plans to raise its share to a blocking stake in the coming months.
MJ Group, a newly formed Vietnamese Internet player, announced last Friday it raised $60 million from national fund IDG Ventures as well as from Rebate Networks, a German investment company, and Ru-Net, a major Russian fund. MJ Group is the result of a merger of four local Vietnamese Internet companies – e-commerce site Nhommua, location …
Germany’s Rebate Networks and Russia’s Ru-Net invest heavily in Vietnamese e-commerce Read More
Moscow based Group-IB, a provider of cybercrime investigative and forensic services, announced last week that it has opened its first overseas office in New York. The new office will be responsible for company’s expansion into the North American market.
Tvigle.ru, a major Russian video entertainment portal on the Russian Internet, closed a capital increase operation last week with PromSvyazCapital, the investment arm of PromSvyazBank, a leading Russian bank. PromSvyazCapital acquired a 27.7% stake for approximately $8 million, a source close to the deal told East-West Digital News.
