Freedom House, a US-based NGO monitoring the progress or restriction of human freedoms as it perceives them around the globe, has published its most recent Freedom on the Net 2012 report, the third in its series. This edition assesses Internet and digital media in 47 countries over a period spanning January 2011 and May 2012. …
NFC technology enabled 4.5 billion rubles, or about $138 million, worth of payments in Russia in the first six months of this year, reported i-Free, a developer and publisher of mobile applications and games, in an exchange with Russian news agency RIA Novosti. Svetlana Kostochka, the head of i-Free’s innovation marketing department, explained she expects …
NFC on the move in Russia; compatible phones and payment systems to fuel traction Read More
Startup Genome recently published research on the most active start-up ecosystems around the world. It listed Moscow as #10. It’s great to see Russia’s largest city rocket into this spot, given that in 2001 less than $100 million/year was invested in Russian seed and early stage tech vs. billions of dollars of private equity money …
Good luck guys! Fresh off its insignificant $91 million IPO on NASDAQ, news is trickling in about Kayak.com’s ambitions in the Russian market. Stories on the web actually started breaking on July 19th, the day before the IPO, after the Quintura blog noted that Kayak.ru is forwarding to Kayak.com and identified the Russia & CIS …
The symbiotic relationship between the on-line and the off-line worlds is nowhere more apparent than in the field of robotics. For, although it was advances in semiconductor physics and materials science starting in the 1970’s that enabled the development of microelectronic devices that powered computers, it was actually advances in manufacturing efficiencies, primarily the deployment …
Robotics key to Russia’s economic and military modernization Read More
Yandex’s international ambitions, which began to surface publicly half a year ago, found new illustrations last week in informal statements made by the company’s CEO at the St. Petersburg International Economic Forum. “Our technical team has successfully tested technologies that will allow us to index several tens of billions of pages,” said Arkady Volozh, who …
Yandex sharpens knives for international expansion, still seeking audience outside Russia Read More
The last two years have shown a significant increase in venture capitalists’ interest in the Russian Internet, says a report released yesterday by Fast Lane Ventures, a major player in the field. Fast Lane identified no fewer than 215 venture deals in 2011, up from 59 during the previous year. The total investment volume during …
Internet investment triples in just 12 months, but market still lacks transparency Read More
Russia’s National Association for Innovation and IT Development (NAIRIT) has put together a Regional Innovation Ranking for 2011. The study was aimed at highlighting the Russian regions showing the most initiative in promoting applied science and innovation. According to NAIRIT, for the second year running Moscow ranked as the undisputed number one in 2011 among …
What is the first thing you normally do when you want to buy, say, an LCD TV over the Internet? Let me guess: you go to Russia’s leading online marketplace, Yandex Market, and look for the desired product – then buy it wherever it’s cheapest. Here is the paradox: the best offers usually come not …
It is often forgotten, in today’s mobile, networked, and information-driven business climate, that many of the world’s most prominent “Silicon Valleys” – Hsin-chu, Taiwan; Ang Mo Kio, Singapore; “Silicon Saxony,” Germany; and even the original American Silicon Valley in the San Francisco Bay Area of California – were built largely or entirely on the semiconductor, or microelectronics, …
The Russian microelectronics industry and national security Read More
Digital River, a US-based software company, has just released a survey of 250 companies across Asia, Europe, North America and emerging countries – including Brazil and India – which operate in the software, gaming software and consumer electronics sectors and generate annual global revenues of $250 million or more. Russia came out on top of …
Global software, games and consumer electronics companies target Russia Read More
M.Video, a leading consumer electronics retailer, will open a network of outlets in Russian cities of less than 150,000 inhabitants, Telecom Daily reported last week. The limited-surface outlets will extend their restricted on-site assortment through POS electronic terminals that provide local customers with access to the retailer’s full catalog. The first outlet of this type …
Click-and-mortar concepts gain traction among Russian retailers Read More
