Yesterday SAP announced “further steps” to “support Ukraine” and “plan Russia exit.” As announced in late March, the global enterprise software giant is in the process of shutting down its cloud services in Russia. As part of this process, “we have given non-sanctioned companies in Russia the choice to have their data deleted, sent to them, or migrated …
IXcellerate, one of the most established data center company in Russia, has raised approximately some $190 million. The round — the largest ever in this field in the country — was led by sovereign wealth fund Mubadala (UAE) with participation from its Russian peer RDIF, SberInvest, and iXcellerate’s existing investors. Cited by Sber, the state-owned financial and digital …
Russian data center major IXcellerate attracts $190 million from Mubadala, RDIF and Sber Read More
Yandex plans to launch a cloud business in Germany next year, the company said ahead of its annual Yandex.Scale cloud conference in late September. The NASDAQ-listed Russian digital major is making an initial investment of $30 million until the end of 2022. The money will be used to purchase equipment and rent data centers. Yandex …
Yandex invests $30 million to launch cloud business in Germany Read More
Last week Selectel a leading Russian data center and related service provider, made a bond placement debut on the Moscow exchange, aiming to raise 3 billion rubles (around $40 million at the current exchange rate). Bond trading is scheduled for start on February 25. The coupon rate is set at 8.5% per annum — which corresponds …
Selectel makes bond debut in Moscow to raise $40 million Read More
While identifying FSB agents reportedly involved in Alexey Navalny’s Novichok poisoning, international investigation group Bellingcat revealed today how deep and worrying are the implications of Russia’s data black market. Bellingcat’s work on the Navalny case originated from a previous investigation into Russian chemical weapons projects. Call metadata were analyzed for the telephone numbers used by two executives of SC Signal, an entity “involved in the development of new variants …
As part of the European strategy for data, the European Commission proposes a set of measures to “foster the availability of data.” A part of them, published on November 25, focus on “increasing trust in data intermediaries and strengthening data-sharing mechanisms across the EU.” These measures are aligned with the consumer protection requirements under the General Data Protection Regulation (GDPR) …
Alibaba Group is preparing to launch in Russia its cloud platform, ‘Alibaba Cloud,’ reports Kommersant. According to the business daily’s sources, Alibaba has occupied more than half of the capacity in the IXcellerate data center, which can accommodate about 1,500 racks. According to another source, Alibaba needs the platform to support its growing businesses in …
Hackers are preying on Russian’s personal data and the number of crimes have ballooned. The government is responding with a dramatic hike to the fines for stealing information, but some experts say the proposed measures are too harsh, especially at a time of the coronavirus (COVID-19) pandemic. The Russian government has already been accused of …
Facebook and Twitter have not provided yet the required information about the storage location of the Russian personal data they process, the authorities stated Friday. Roskomnadzor, the Internet and telecom regulator, said Friday the two companies could be forced to pay a fine ranging from 1 million rubles (approximately $16,000) and 6 million rubles ($94,000). …
Facebook, Twitter threatened with fines over data localization law Read More
Starting from October 31, 2021, the personal data of Russian citizens who book domestic flight tickets will have to be stored on servers located physically on Russian soil. This new requirement stems from a decree signed in late July by Prime Minister Dmitry Medvedev in application of a 2014 law on personal data storage in …
A private investor in Moscow is willing to build a giant data center in Russia, reported business daily Vedomosti, citing “a source close to the project.” Dubbed ISTRADIGITAL, the project envisages the construction of a technology park near Moscow worth 132 billion rubles (about $2 billion at the current exchange rate). Among other facilities, it would …
Private investor envisions $2 billion tech park with giant data center in Moscow Read More
Although Russia’s total share of the global cloud storage market is still under 1%, the sector is undergoing a boom as foreign companies hire local service providers to store Russians’ data, a recent study by iKS-Consulting revealed. Adopted in 2014, Russia’s personal data law requires companies operating in Russia to store Russian users’ or clients’ …
New regulations boost Russia’s cloud service businesses Read More
