Synergy Innovations, the venture arm of the Moscow University of Industry and Finance, will invest $1 million into the i-Ogorod web service – ‘i Garden’ in Russian – a project allowing its users to set up real vegetable gardens and manage them through the Internet.
Russia’s national telecommunication operator Rostelecom inked an agreement earlier this month with Sitronics, the country’s largest producer of microelectronic devices, to produce microchips containing the electronic signatures of Russian citizens. These microchips are to be integrated to conventional banking cards, the Russian news agency RIA Novosti reported.
Leading Russian search company and Internet group Yandex announced last Friday that some of the products offered on its online marketplace can now be viewed in 3D. The new viewing platform is intended to enhance the comparative shopping experience. According to the Yandex blog, “users who hesitate between buying an iPhone or HTC’s Desire HD …
“Innovation driven development is problematic in Russia, as the country has no innovation market,” news agency ITAR-TASS reported President of the Russian Chamber of Commerce and Industries Sergei Katyrin as saying. Katyrin made the statement on Sunday at a session of the Russian Economic Forum held in Strasbourg, France.
Leading Russian microelectronic device maker Sitronics and Chinese firm ZTE signed a memorandum announcing their planned joint venture at the St. Petersburg International Economic Forum last week The document was signed by Vladimir Evtushenkov, a major owner of Sitronics mother company Sistema, and ZTE President president Shi Lirong in the presence of Russian President Dmitry …
Sitronics-ZTE unveil $2 billion joint venture plans Read More
Pavel Vrublevsky, the founder and main owner of electronic payment company ChronoPay, was arrested last Thursday, being suspected of having organized a cyber attack on the website of Assist, a competitor ChronoPay, in an attempt to block payment transactions with the Aeroflot website.
BIT, the most important national innovation contest in Russia, will hold its finale this Friday on the premises of Moscow business incubator Digital October. BIT — short for Business of Innovative Technologies — is an entrepreneurship competition organized each year to help innovative projects emerge from across the country. BIT selects “not only innovative ideas, but …
IBM has opened Telecom Solutions Lab in Moscow, its first solutions center for telecommunications companies in Central and Eastern Europe, the firm reported last week at a news conference. The new research and development facility will allow IBM and its partners to develop, test and deploy software services demanded by client telecom companies. The lab …
Through its PepsiCo10 program, multinational beverage and snack maker PepsiCo will offer £10,000, approximately $16,000, along with consulting services from leading specialists in the company and its partners to ten digital technology startups in 2011. Launched in the US in 2010, the PepsiCo10 angel investment program has been extended this year to cover Europe and …
PepsiCo extends angel investment program to Russian tech startups Read More
Bloomberg reported yesterday that, according to “people with knowledge of the talks,” Vkontakte is “in early discussions with investment banks about a potential initial public offering in New York as early as next year.” Vkontakte.ru — ‘In contact’ in Russian — was designed as a Facebook clone when it was launched in 2006, but important …
Vkontakte preparing for IPO next year in New York? Read More
Yandex and Rambler have teamed up in an bilateral exchange of search and advertising services. Starting today, Rambler’s search services will be powered by Yandex and Rambler will join Yandex.Direct, Yandex’s Ad Network.
Cyberplat announced yesterday that Visa cardholders in Russia can now replenish their bank accounts using Cyberplat’s cash payment terminals and ATMs. Cyberplat, a competitor of Qiwi, has the second largest payment teminal network in Russia and some of the other former Soviet republics, with over 480,000 machines. In order to replenish their account, users just …
Cyberplat partners with Visa to replenish bank accounts with cash Read More
