The Moscow State Automobile and Road Technical University (MADI) and the Scientific Center for Complex Transportation Problems of the Ministry of Transport have reached an agreement with IBM for the creation of an academic competence center dedicated to IBM solutions in the area of intelligent transportation systems.
Red Hat opened a representation office in Moscow in early August, reported CNews.ru, a Russian site that covers software and IT issues. Although Red Hat still relies on its master distributor Vdel to market its products and services, the representation office may play a direct role in certain projects and help develop sales, a Vdel …
According to Svyaznoy, a major mobile retailer, the Russian smartphone market expanded by a whopping 78% in the first six months of 2011, reaching an estimated value of 30.7 billion rubles, or $1.1 billion. Sales for the period reached 2.8 million devices – a figure confirmed by MTS, a leading mobile operator and retailer – up …
Russian smartphone market to exceed $2 billion in 2011, Samsung on the rise Read More
Moscow based startup incubator Fast Lane Ventures has just launched VitaPortal.ru, a website offering health news for the general public, inspired by the success of Western sites such as WebMD.com.
Walt Disney CIS, the subsidiary of the US entertainment giant operating in Russia and the former Soviet states, anounced yesterday it has started introducing international social games to local markets. The first game is ‘Gardens of Time,’ a widely popular game produced by social gaming startup Playdom.
Russian President Dmitry Medvedev signed executive orders yesterday establishing procedures for online publication of activity reports from Federal ministries and agencies.
Moscow’s city government formally adopted last week a $11 billion informatization program, following one month of public discussions. Moscow mayor Sergey Sobyanin underlined the “systemic” approach of the program. He pledged to provide Muscovites with electronic access to “practically all public services, from medical appointments to applications for pensions and subsidies.” In addition, “the regular publication …
Moscow government adopts multibillion dollar informatization program amid sharp criticism Read More
The number of Russian language Twitter accounts exceeded 1 million in July, reveals a report by Yandex, the top Russian Internet search company whose offerings include a function that searches blogs and forums. Russian speaking users send 370,000 tweets daily. 8% are retweets and about one third are replies to other tweets. The average tweet …
Twitter reaches 1 million Russian language accounts, but user activity decreases Read More
JP Morgan and Russian business daily Vedomosti revealed the detailed shareloder structure of Vkontakte.ru this week. According to JP Morgan, 12% is owned by Vkontakte founder’s Pavel Durov, 8% by his partner Lev Leviev, and 40% by Vyacheslav Mirilashvili and members of his family. Mail.ru Group owns a 39,99% stake, having acquired 7.44% from Pavel …
The first stone of a new technopark was laid last week in Penza, a city of over 500,000 inhabitants 625 kilometers southeast of Moscow, by Penza region governor Vasily Bochkarev. The technopark, slated for completion in 2014, will host 70 companies in the information and medical technologies sectors and create over 1,500 jobs.
The United Electronic Trading Platform (UETP), a nationwide bidding platform for state purchasing, announced last Tuesday that thousands of companies have joined the Popular Front through its website. Announced last May, the Popular Front is a political initiative aimed at supporting Russian Prime Minister Vladimir Putin and his United Russia party in the forthcoming legislative …
JP Morgan recommends investors to buy shares in Yandex and Mail.ru Group, the two Russian Internet giants listed on the NASDAQ and the LSE respectively, Bloomberg reported yesterday. The Russian online advertising market could grow even faster than generally expected, JP Morgan analyst Alexei Gogolev argues in his report. Yandex and Mail.ru Group are “likely …
JP Morgan sees online advertising soar, recommends buying Mail.ru and Yandex shares Read More
