International

What are Russian Orthodox priests doing on TikTok?

Since late 2019, Russian Orthodox priests have been spotted actively using TikTok, with some videos gathering over 500,000 views. A number of users of the new social network are unhappy with their presence, but the clergymen appear resolute about TikTok being the future for reaching young people. The first popular Orthodox Christian channel on TikTok …

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From Finland to Japan, Russian startup makes robotics easier to teach in schools

School teachers from the Karelia region (Finland) and the St. Petersburg region (Russia) will soon be able to integrate Industry 4.0 topics – from robotics, to 3D printing, to Internet-of-Things, to programming – to their programs.  This program is a joint effort of Lappeenranta and Lahti University of Technology (LUT University), St. Petersburg Polytechnic University (SPbPU), the Lappeenranta city administration, with …

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Wildberries considers expansion to Western Europe, founder Tatyana Bakalchuk now Russia’s richest woman

Wildberries, Russia’s leading e-commerce player, considers expanding across Europe’s largest countries. After first steps in Slovakia and Poland, the company said it is “studying possible options to work in other countries of the EU, including France and Germany,” as reported last week by the Prime news agency.  “Discussions are being held with officials from foreign …

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BlaBlaCar stops offering its services in Crimea to avoid EU sanctions

BlaBlaCar, the carpooling giant born in France, has stopped offering its services in Crimea, where it had been operating since 2014. The decision aims to avoid being targeted by the EU sanctions against firms operating on the peninsula, according to company representatives cited by local news website Crimea.Info. Since Russia took control of Crimea, a Ukrainian …

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Moscow deploys facial recognition in mass coronavirus quarantine

Around 2,500 people arriving in Moscow from China have been ordered to be placed under quarantine for the coronavirus and are being monitored by the Russian capital’s facial-recognition technology, Mayor Sergei Sobyanin said Friday. All arriving passengers from China are required to undergo a physical examination and coronavirus test at the airport, Sobyanin wrote on his website. …

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Alexander Galitsky: From Soviet engineer to libertarian investor

Wearing casual trousers, a pullover and ruffled hair, surrounded by programmers, designers and freelancers half his age in the trendy WeWork coworking space in central Moscow, Alexander Galitsky wears his libertarian colors with comfort and conviction.  Over the last three decades, he has made his name and his fortune connecting people, money and services in …

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Da Vinci Capital gets €30 million from Germany’s DEG to invest in Ukraine, Belarus and Kazakhstan

Moscow-based private equity fund manager Da Vinci Capital has agreed with DEG, a state-owned German development finance institution, a €30 million contribution to its new fund, ‘Da Vinci Capital Technology Fund III.’ The agreement is still subject to standard closing conditions. Da Vinci expects to attract other LPs in the course of the year to reach the fund’s initial …

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On Facebook and Instagram, fake ad campaigns twist the name of Russian celebrities

Scams on Facebook and Instagram designed to look like they’re from prominent people in Russia aren’t rare. Last fall, Russian users reported multiple announcements featuring photographs of Telegram founder Pavel Durov, who is now working to launch his own blockchain platform.  Scammers started a massive ad campaign in Durov’s name, using the slogan “I won’t let Russians …

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MIT’s Russian tech partnership under scrutiny from US government

WGBH, a Boston-based public radio and TV channel, has just published an in-depth article about the long-lasting relationship between the Massachusetts Institute of Technology (MIT) and Skolkovo Institute of Science and Technology (Skoltech). Skoltech is a private technology research institute working closely with Skolkovo, a state-backed international tech hub located on the outskirts of Moscow. …

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Eastern European edtech startup backed by Russian and South Korean investors to go global

In late January the Russian-born edtech startup Novakid closed a $1.5 million funding round involving South Korean VC BonAngels and Russian VC firm Leta Capital. The money will be used to develop Novakid’s technology further and to support its international expansion plans.  Founded in 2017 by Max Azarov, Novakid touts itself as “a next-generation early English learning …

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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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The world’s leading investors call for health and wellness innovators (Paris, March 23)

On March 23, the French capital is to host the world’s leading investors searching for early-stage innovation in health and wellness. Startups from Eastern Europe are welcome to this fast-track cross-border match-making event, which covers such industry segment as digital health, precision medicine, ageing in place, pharma, medical devices and IoT. To date, 40+ investors …

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