Digital content & Related technologies

Quirky mobile photo app leads App Store ranking in Russia and neighboring countries, raises millions from top investors

May 2, 2019

An art filter app launched by a Russian programmer, Alexey Moiseenkov, is leading Apple’s App Store ranking in Russia and several neighboring countries – including Estonia, Kazakhstan, Latvia, Moldova, Ukraine and Uzbekistan – ahead of Whatsapp, VK, Instagram, Viber, Aliexpress and other traditional leaders in the region. In a totally unexpected surge, the app has been number …

Quirky mobile photo app leads App Store ranking in Russia and neighboring countries, raises millions from top investors Read More

Russian minister accuses Netflix of being part of US government plot, complains about Disney’s advertising investments

June 24, 2016

The US government is providing support to Netflix — which became available in Russia in January 2016 — as part of an effort to “get into every television” in the world, Russia’s culture minister Vladimir Medinsky stated in an interview with Rambler News Service (RNS). Netflix has developed its business with the support of the US government, …

Russian minister accuses Netflix of being part of US government plot, complains about Disney’s advertising investments Read More

CardsMobile secures $2.5 million from LANIT as NFC takes off in Russia

June 16, 2016

Russian IT firm LANIT has invested $2,5 million in CardsMobile, a developer of contactless payment solutions, in exchange for a 28.6% stake, Russian business daily Vedomosti reported last week. Thus, the company has been valued at $8,7 million. CardsMobile has developed a platform for NFC payments as well as a mobile application, christened ‘Wallet’ (‘koshelek’ in …

CardsMobile secures $2.5 million from LANIT as NFC takes off in Russia Read More

Russian parliament passes law to regulate news aggregators

June 17, 2016

Last week, the Russian State Duma approved the third reading of a law regulating the work of news aggregators, the Slon.ru news website reported. The law received unanimous support, with 319 deputies voting for the law and none against. The law holds news aggregators accountable for the dissemination of false information. The law reduces fines for …

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Jailed for a repost: The definition of extremism in Russia gets ever looser

June 11, 2016

Russia has seen a dramatic rise in criminal prosecutions on charges of “Internet extremism” over the last few months. Yet most of these cases concern not the creation of extremist content but retweeting, liking or reposting it. Russia Beyond The Headlines, a publication owned by government newspaper Rossiyskaya Gazeta and a syndication partner of East-West …

Jailed for a repost: The definition of extremism in Russia gets ever looser Read More

Music-streaming platform Zvooq raises $5 million in equity funding

November 16, 2016

Earlier this week Russian music-streaming platform Zvooq announced it secured an investment of $5 million in a round led by Ulmart, Russia’s leading online retailer, with the participation of ther unnamed investors. The terms of the deal, which was reported earlier this week by Vedomosti, have not been disclosed. The investment went through Dream Industries, a holding company which comprises …

Music-streaming platform Zvooq raises $5 million in equity funding Read More

Kremlin-linked billionaire utilizes new ‘right to be forgotten,’ tries to get critical news articles removed from Yandex

June 2, 2016

The billionaire Evgeny Prigozhin is demanding that Yandex delete from its search results an article about the Internet Research Agency, better known as Russia’s “troll factory.” Several news outlets, including the newspaper Novaya Gazeta, have published articles claiming that Prigozhin is the brains and money behind the troll factory. The billionaire has also demanded that Yandex …

Kremlin-linked billionaire utilizes new ‘right to be forgotten,’ tries to get critical news articles removed from Yandex Read More

Russian mobile gaming in key numbers

May 18, 2016

Russian mobile gaming is continuing to drive the growth of the online gaming industry in Russia.  According to eMarketer, Russia ranks 12th in the world for video game revenue at $1.3 billion in 2015, following Spain, Italy, and Brazil that are all driving in around $1.5 billion respectively. A typical Russian online gamer spends $40.95 per …

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Sistema Asia Fund invests in Indian EDRM solution provider

May 11, 2016

Sistema Asia Fund has participated in a $12 million in Series B funding round for a Seclore, a major enterprise digital rights management (EDRM), along with other investors Helion Ventures, Venture East, and India Alternatives. The details of the transaction, which was announced in late April, have not been disclosed. Sistema Asia Fund was launched three months ago by …

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Pussy Riot founder seeks to assert her site on Russia’s online media scene

May 10, 2016

Pussy Riot punk performer Nadya Tolokonnikova is looking for a new audience — readers and, ideally, financial backers who can turn her two-year-old news website into a full-blown contender on Russia’s media scene. MediaZona, the website she helped found in 2014 with a focus on criminal justice news, has about 2.2 million visitors a month …

Pussy Riot founder seeks to assert her site on Russia’s online media scene Read More

How viral websites replace news media for Russia’s younger generation

April 28, 2016

Some of the Russian Internet’s biggest “entertainment websites” aren’t formally registered as media outlets, but for millions of young people they are trusted and beloved sources of news and information. Visitors populate these communities with their own “demotivators” and GIFs, often creating mashups and memes more popular than any articles or photo galleries published in …

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