Oleg Kouzbit

Oleg Kouzbit is Managing Editor at Marchmont News, a bilingual resource dedicated to innovation across Russian regions. He regularly contributes articles to East-West Digital News.

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Court upholds Gala Records damage claims against VKontakte over Russian pop singer tracks

November 19, 2014

The Court of Arbitration for Russia’s Northwest Federal District last week let stand all prior court decisions obligating VKontakte.ru (VK.com), Russia’s number one social network, to pay Gala Records, the first private record label in Russia, a total of 550,000 rubles (about $17,700) in damages for illicit displays of 11 tracks by MakSim, a Russian …

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Russia moves to foster closer ties between IT business and academia

November 19, 2014

Two Russian ministries are expected to jointly create and help fund a network of IT-focused scientific and research centers at Russia’s leading universities, industry portal ComNews.ru reported last week. The Ministry of Education and Science will lead the effort, while the Ministry of Telecom and Mass Communications will back the move by liaising with the …

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Russian authorities to scan social networks and blogosphere for crime threats

November 19, 2014

In a bid to anticipate and curtail misdemeanors potentially originating from Russia’s social networks and blogosphere, the Investigative Committee of the Russian Federation has launched an open tender for IT solutions that would enable investigators to do so. The Committee, responsible for investigations of particularly important cases of crimes against individuals, public safety, the national …

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More embezzlement seen at GLONASS – $213 million total over three years

November 19, 2014

The three-year federal embezzlement investigation into Russia’s GLONASS national satellite navigation program saw a new development earlier this month as Moscow’s Tverskoy District Court ruled to keep in custody both the former and current CEOs of Synertech, a Moscow-based company contracted for R&D work by Russian Space Systems – one of Russia’s key space exploration …

More embezzlement seen at GLONASS – $213 million total over three years Read More

U.S.’ NeoPhotonics builds on Rusnano investment and opens R&D center in Moscow

November 19, 2014

Last week NeoPhotonics, a US-based developer of optoelectronics for high-speed communications networks, opened its R&D center and Russia/Eastern Europe sales office in Moscow, a year after it received a capital injection from Rusnano, Russia’s state-owned nanotech investment corporation. Tim Jenks, chairman and CEO of NeoPhotonics, told Rusnano that he hopes the move will help his …

U.S.’ NeoPhotonics builds on Rusnano investment and opens R&D center in Moscow Read More

Russian microelectronics maker unveils its own ultra-small RFID chip

November 19, 2014

Mikron, a 50-year-old Russian microelectronics maker located in Zelenograd just outside Moscow, announced earlier this week that it has developed its own subminiature RFID chip. The ISO 14443-2.3 standard chip, just 0.2 square millimeters in area, is purported to retain the functionality of a conventional chip while offering a more competitive price.

Moscow Seed Fund and Igor Ryabenkiy invest in social shopping advisor

November 19, 2014

SocialMart, a two-year-old Russian product recommendation service for social networks, raised an as yet unspecified amount of investment in late April from Moscow Seed Fund, Moscow City’s venture arm, and Igor Ryabenkiy, a serial Russian angel investor. Ryabenkiy already backed the Moscow-based startup last fall in SocialMart’s seed round. That investment helped the company further …

Moscow Seed Fund and Igor Ryabenkiy invest in social shopping advisor Read More

Russian angels invest in innovative Finnish online-offline retail analytics

November 19, 2014

Walkbase, a Finnish startup that has developed an innovative retail analytics solution, has received a seed capital injection from Russian and Scandinavian investors after four years of R&D. Neither the amount of the round nor the company’s valuation have been disclosed. The investors include Leonid Gluzman and Leonid Volkov, two Russian business angels, and Jan …

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