It’s been two days since Roskomnadzor blocked Instagram in Russia. The agency, which is in charge of telecommunications control and censorship, believes that the social network is filled with “calls to commit violent actions against Russian citizens and military personnel.” Russia’s Attorney General has called for Meta, Instagram’s parent company, to be blacklisted as an “extremist organization.” …
The Russian App Store has lost 6,982 mobile apps since the start of the Ukraine invasion, as numerous companies have now pulled their apps and games from Apple’s iPhone and iPad App Stores in the country, according to data shared with TechCrunch by app intelligence firm Sensor Tower. To date, those apps had been downloaded around …
Even as Russian authorities are taking unprecedented measures to silence opposition or even free expression, an “international VC and startup petition against the bloodshed in Ukraine” started circulating in the Russian and Belarusian tech business community. Prominent tech investors from or connected with these countries signed the petition just hours after its release. Other signatories …
The head of Russia’s top technology firm Yandex quit late Tuesday after being slapped with EU sanctions in response to Moscow’s invasion of Ukraine. Brussels hit Yandex executive director and deputy CEO Tigran Khudaverdyan with an asset freeze and travel ban earlier in the day, citing the firm’s role in “hiding information” from the Russian …
Yandex top executive quits after surprise EU sanctions Read More
Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout from the Russia-Ukraine conflict. Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the crypto space in the last three weeks …
Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates Read More
Today the Russian authorities blocked access to Instagram in the country after they accused its parent company Meta of allowing hate speech against Russians, including the military, on its platforms. Instagram now appears on a list of “restricted” online resources published by the authorities. Earlier this month Roskomnadzor, the Internet and telecom regulator, already blocked access to …
Instagram blocked in Russia, hitting crowds of individual entrepreneurs Read More
After Russian entrepreneurs asserted themselves last year as chief disruptors in the global food delivery industry — fulfilling orders in around 15 minutes in a variety of Western cities — some of them are now falling as collateral victims of Putin’s war on Ukraine. In early March Buyk — a fresh food delivery service with sizeable operations in New York and Chicago — abruptly …
Financial services firms including those in the cryptoasset sector were warned by Britain’s regulatory bodies on Friday that they were expected to ensure sanctions imposed against entities and individuals in Russia and Belarus were complied with. “We are working closely with partners in government and law enforcement both here and abroad, including regulatory authorities, to …
Cryptoasset sector told by UK regulators to comply with Russian sanctions Read More
Meta’s properties — including Facebook, Instagram and Whatsapp — are likely to cease their activities completely in Russia as the US social media company is now facing a criminal investigation over calls for violence targeting the Russian invaders of Ukraine. “A criminal case has been initiated (…) in connection with illegal calls for murder and …
Amazon is suspending access to Prime Video for customers based in Russia amid the country’s invasion of Ukraine. In a blog post about the announcement, the company also noted that it has suspended the shipment of retail products to customers based in Russia and Belarus. Amazon will also no longer be accepting new Russia and Belarus-based AWS …
Amazon suspends access to Prime Video in Russia, halts shipments to the country Read More
Prosus, a Dutch investor affiliated to South African Naspers, announced yesterday it will write off its 25.9% stake in VK Company. This stake was valued on its books at $700 million, as stated by the company. “Over the last week, international sanctions have been imposed on many Russian entities and individuals. These include sanctions on the CEO and indirect …
Naspers writes off $700 million investment in Russian Internet major VK Company Read More
Russia’s Nasdaq-listed e-commerce player Ozon on Friday said that holders of its bond maturing in 2026 may be entitled to redeem the principal and interest accrued if trading remains halted until March 8, but has the cash in its accounts to pay. Trading of Ozon’s shares on Nasdaq was suspended on Feb. 28 and if suspension …
Russia’s Ozon, following Yandex, warns of bond payment issue Read More
