Digital content & Related technologies

Russian-founded Intento secures $3 million in Silicon Valley to scale up AI content processing solution

Intento, a startup with Russian roots, has secured a $3 million seed round, reports CrunchBase. Konstantin Savenkov, CEO, started the Berkeley, California-based company in 2016 with Grigory Sapunov, a deep learning and artificial intelligence expert who had worked five years at Yandex. Initially, as reported by East-West Digital News, Intento positioned its solution as a new way to …

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Deepfake video of Elon Musk singing Soviet space song appears after successful ‘SpaceX’ launch

With the successful launch of the Crew Dragon capsule, Elon Musk’s space travel company SpaceX sent its first astronauts to the International Space Station on May 30. To celebrate the occasion, Russian Internet users released a clever deepfake video of Musk singing “Grass at Home,” a famous song by the Soviet rock band “Zemlyane” (“Earthlings”). Russia’s state space corporation, Roscosmos, …

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Russian online video platform ivi.ru secures giant venture loan from Alfa Bank

Russian online video major ivi.ru has attracted debt financing for the first time. As reported by business daily Vedomosti,  the company received a six-year venture loan from Alfa Bank, amounting to 3.7 billion rubles (some $54 million at the current exchange rate, a considerable sum by local standards).  In addition to the share collateral, the bank has been granted an …

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Russian video publishing startup acquires UK company to get stronger and go global

Russian video platform Viqeo has announced the acquisition of Suggestv, a UK adtech company, as reported by RB.ru. The terms of the deal were not disclosed.  Founded in 2015, Suggestv uses machine learning to increase video views for publishers. These may “automate the embedding of video content in-article to build a predictable pre-roll revenue model and unlock new …

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‘Kinky Russia’ throws Zoom orgies to overcome coronavirus quarantine

Hundreds of people have gathered to watch a live performance online on a Saturday night in Moscow. That’s become normal under the city’s strict coronavirus lockdown rules, but this is no Swan Lake.  Four women have tied a man to a plastic-covered mattress in a sparsely decorated room. He wears nothing but a black face …

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Yandex launches covid home testing and online school

Like other Russian majors, Yandex is demonstrating its commitment to combat Covid-19 through a series of initiatives. The latest one is Yandex.School, a free online education platform which the search giant created “in record time” using its existing educational programs. Launched on March 31, Yandex.School helps teachers, students and parents “retain a sense of normalcy …

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Russian video streaming platforms gain speed

As the Russian video streaming service segment is booming. The major players are securing funding and launching original content production. Last month, Russia’s largest video streaming platform, ivi.ru, said it is considering an IPO on Nasdaq by the end of this year with JP Morgan Chase underwriting the floatation, bne IntelliNews reported in February. Back in 2018, ivi.ru CEO …

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Russian culture, education and entreprise software available online for free in times of quarantine

As Russians prepare to life in times of epidemic, a variety of organizations have made their offerings available online for free. Here are a few examples, as reported by Inc. Russia:  Online education platform Netology, a property of Russian billionaire Alexey Mordashov, is offering free access to its video courses on marketing, business and design. …

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Samsung to abide by new Russian law on pre-installed apps

Samsung will meet the requirements of Russia’s controversial law requiring smartphone makers to sell their devices with government-approved pre-installed software, the company told Russian news agency RIA Novosti Monday. “Samsung Electronics will be ready to meet the requirements of the Russian legislation provided by the regulator and adapt the company’s activities in accordance with the …

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Video streaming platform ivi.ru considers NASDAQ IPO this year

After receiving a $40 million capital injection last year, Russian online video company ivi.ru has plans to go public this year, according to Kommersant. Unnamed industry sources told the business daily last week that the operation could take place on the NASDAQ by the end of this year with JP Morgan Chase underwriting the IPO.  The ivi.ru …

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Midemlab 2020: A call to Eastern European music startups (application deadline: Feb. 29)

The 13th edition of Midemlab, the leading international music startup competition, will take place on June 2-5, 2020 in Cannes, France, in partnership with East-West Digital News. This year, Midemlab launches a brand new “Music Live Experiences” category that will spotlight the most innovative solutions around Live Music for bands, fans, venues, producers, promoters and more.  …

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Rambler Group drops suit against Twitch over litigious sports content

Rambler Group has withdrawn its claim against Twitch, a streaming service controlled by Amazon, over alleged piracy broadcasting of English Premier League games. No financial compensation has been sought or paid after Twitch withdrew the litigious content, as reported by Reuters. “We are glad that we reached the common understanding and closed the trial proceedings, and …

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