Digital content & Related technologies

Russian Railways get into mobile commerce

RZD, the Russian state-owned railways monopoly, has just launched a free mobile app offering train schedules and allowing travelers to purchase electronic tickets. A click-to-call function allows users to reach the company’s call center easily. In contrast with the appalling usability of the company’s website, RZD’s mobile app, which we tested, is quite convenient. A few …

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Mobile social networks attract 12.5 million Russian users

J’son  & Partners, a management consultancy covering telecom and IT markets in Russia and other countries, has released a report on Russia’s small but rapidly-expanding mobile social networks market. The popularity of mobile social networks is growing in Russia in the same way as elsewhere in the world, the report notes, driven by the increasing …

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Mail.ru Group closes microblogging service Futubra

Futubra, a microblogging service with advanced multimedia, news group and comment functions, is closing down less than a year after its launch in early 2012. The termination announcement on the Futubra website contains no substantial explanation; however, Mail.ru Group CEO Dmitry Grishin had publicly conceded this past July that Futubra’s audience was not meeting expectations.

US, Russia agree anti-piracy plan

Last week the Russian and US governments signed an agreement that contains an action plan to protect intellectual property rights. The agreement requires the parties to fight online piracy, close websites hosting litigious content, allocate funds for anti-piracy enforcement measures and coordinate efforts towards these ends. Russia will have to alter its current legislation – particularly …

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Yuri Milner takes part in Prismatic’s $15 million Series A funding

Yuri Milner, co-founder of the prominent Russian Internet fund DST Global, is among the investors in Prismatic, a San-Francisco based startup that attacks the difficult task of creating personalized news feeds based on users’ interests. Also participating in the Series A funding, which amounts to $15 million, are Jim Breyer and his fund Accel Partners, …

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New seed fund helps startups “change the way cars are sold and serviced”

While venture funds are springing up in Moscow, one small fund in particular should not go unnoticed. Established just two months ago, Cloud4Auto focuses specifically on automotive technologies – a unique case in the world, the Chairman of the fund’s Supervisory Board, Innokenty Belotsky, told East West Digital News. “Cars are a very important part …

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Russian video sharing startup ClipClock secures $2.5 million from Runa Capital.

ClipClock, a Russian video sharing startup,  announced yesterday a $2.5 million funding by Runa Capital, a Moscow-based venture fund operating internationally. The investment will be used to develop advanced functionalities, increase the startup’s user base, and prepare global expansion.

CTC Media and National Media Group create joint online video resource

Russia’s CTC Media and National Media Group have announced the creation of a joint online video resource on the base of the Videomore portal, which was launched by CTC Media in December 2010. Under the terms of the deal, a significant amount of Ren TV and Channel 5 content, including both new releases and library …

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Softline Venture Partners invests in mobile app developer community

Softline Venture Partners told East-West Digital News that it has just invested $500,000 in Apps4all, a company that carries a community of Russian mobile app developers with a variety of media, event, training, research and advertising activities. The terms of the deal were not disclosed. A $20 million fund, Softline Venture Partners is the venture …

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