An estimated 76% of Russian mobile phone owners are exposed to mobile spam, says a report from ESET, an international IT security company. Last month the company conducted a poll of members of its official communities on VKontakte and Odnoklassniki, Russia’s two leading social networks, and of ESET Club participants. An estimated 65% of respondents …
Report: 3 out of 4 Russians targeted by mobile spam Read More
The Ruby, a mobile LTE hotspot developed by Moscow’s Yota Devices, is debuting outside Russia. Talk Point, a German electronics retailer, is expected to launch sales of the device to both individual customers and other retailers in Germany via its own outlets and partner stores, Yota Devices CEO Vlad Martynov told the Russian business daily …
Russia’s Yota Devices to sell LTE hotspot in Germany Read More
MTS, a leading Russian mobile operator named one of the ten most valuable global telecom brands this past spring, announced last week that it will invest as much as much as $200 million for an expansion of its networks in neighboring Ukraine and in Turkmenistan, a former Soviet Union state located in Central Asia. Apparently …
MTS invests $200 million in major expansion in former Soviet Union Read More
The Russian venture fund Life.SREDA revealed last week a $2 million investment in Moven, a three-year-old New York-based banking startup. Moven’s CEO and founder Brett King hopes that the deal, which took place in July, will help his company further upgrade what he calls a “world-class mobile solution to the problem of the next-generation bank account.” In an …
Russia’s Life.SREDA invests in US startup to build “world’s first cardless bank” Read More
Earlier this week the European Bank for Reconstruction and Development (EBRD), the Russian Direct Investment Fund (RDIF), and the Capman Russia II Fund announced a $100 million investment in Maykor, a leading Russian IT outsourcing company. The RDIF led the effort with 50% of the total investment, while the EBRD and Capman each contributed $25 …
EBRD co-invests in leading Russian IT outsourcing company Read More
Digital Fortress, a US-based software developer with Russian roots, rolled out in mid-August its inaugural mobile app, an English-language instant messenger named Telegram. The app is now available on iTunes. Digital Fortress owner Pavel Durov, who is also the founder of Russia’s largest social network Vkontakte (VK.com), claimed that his company’s first product was launched …
VKontakte founder launches Telegram, a new instant messenger service Read More
According to a study last month by IDC, a global research and market intelligence provider, Russia’s IT service market is believed to have grown by just 11% to $6.58 billion in 2012 – a fairly faint-hearted advance when compared to a robust 27% upsurge the year before. Outsourcing, driven by contracts with western companies, was particularly important in …
Russia’s IT service market slammed on the brakes in 2012 Read More
VKontakte Ltd, the owner of Russia’s leading social network Vkontakte.ru (VK.com), is seeking government registration of the VK.COM trademark in Russia far beyond the Internet business. The company’s application for the specific look and font of its brand name was formally accepted and granted priority status on July 26, 2013.
Moscow’s pay TV market grew to 5.3 million subscribers in the first half of this year, exceeding by 700,000 the total number of apartments and private houses in the Russian capital. iKS-Consulting, a consulting and research company specializing in the telecom market in Russia and the CIS, shared these key results of its yet-unpublished study …
Moscow’s pay TV outstrips broadband market as subscribers tap multiple TV operators Read More
BPC Banking Technologies, a software-developing multinational headquartered in Russia, has been contracted to help the Palestinian administration deliver on its ambitious plan for the creation of a national payment system and the eventual adoption of a national currency. Last month, the Russian company won a tender organized by the Palestine Monetary Authority (PMA), the most …
Russian software developer to help Palestine introduce electronic money Read More
The new Russian legislation intended to stop online piracy came into effect on August 1. A long-awaited victory for copyright holders, the law facilitates the prosecution of website owners violating intellectual property rights and enables courts to issue warrants to block websites that violate copyright laws if illegal content is not removed within 24 hours. The legislation …
Russia’s anti-piracy law comes into effect; key players and analysts divided on its impact Read More
A minority stake in Banki.ru, one of the largest B2C banking portals on the Russian-language Internet, has changed hands. Finam Global, a Moscow-based investment fund, sold it earlier this month to Russia Partners Technologies, a high tech focused fund run by Russia Partners. Philipp Ilyin-Adaev, the founder and CEO of Banki.ru, hopes that the involvement …
Russian-US PE fund Russia Partners acquires minority stake in Banki.ru Read More
