Internet

Yandex launches in Turkey

Yandex announced today that it has launched a Turkish version of its search engine along with a range of other services created specifically for web users in Turkey – including webmail, news aggregation and automated translation services. Until now, the Turkish market has been dominated by search giant Google, with a market share exceeding 93% …

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Russian hacker stole $3.2 million from US organizations in 6 months

Tokyo-based cyber security firm TrendMicro revealed on Wednesday a major cyber theft of $3.2 million in six months starting in January 2011. The young hacker, nicknamed “Soldier”, resides in Russia, the firm believes. TrendMicro reported on this case in the company’s weblog this Wednesday.

Russian StumbleUpon copycat Surfingbird secures $2.5 million

Surfingbird.ru, the first collaborative content discovery service on the Russian-language Internet, raised $2.5 million last month from Russian and French business angels. The deal brought the startup’s valuation to just under $2.5 million, a source close to the deal told East-West Digital News.

Russia and Singapore to develop IT projects

Senior Russian and Singaporean representatives meeting at bilateral commission in Moscow on Tuesday have agreed to develop cooperation in the information technology sector – in particular in the sphere of personal data security.

RBC invests $1 million in social geolocation service

Two weeks after Foursquare made available a Russian version of its service – along with versions in Bahasa Indonesian, Korean, Portuguese, and Thai – a powerful Russian media group, RBC, announced it has invested $1 million in Ogorod.ru, one of the two best-known local services inspired by the Foursquare concept.

CapMan invests in Siberian ISP

Private equity fund CapMan Russia announced last week that it has made its first investment ever in a telecom asset. The CapMan fund bought a 20% stake in Siberian Networks, one of the leading ISPs in Western Siberia, and the fund plans to raise its share to a blocking stake in the coming months.

Germany’s Rebate Networks and Russia’s Ru-Net invest heavily in Vietnamese e-commerce

MJ Group, a newly formed Vietnamese Internet player, announced last Friday it raised $60 million from national fund IDG Ventures as well as from Rebate Networks, a German investment company, and Ru-Net, a major Russian fund. MJ Group is the result of a merger of four local Vietnamese Internet companies – e-commerce site Nhommua, location …

Germany’s Rebate Networks and Russia’s Ru-Net invest heavily in Vietnamese e-commerce Read More

Russian security firm Group-IB sets foot on US market

Moscow based Group-IB, a provider of cybercrime investigative and forensic services, announced last week that it has opened its first overseas office in New York. The new office will be responsible for company’s expansion into the North American market.

Online video portal Tvigle secures $8 million in investment

Tvigle.ru, a major Russian video entertainment portal on the Russian Internet, closed a capital increase operation last week with PromSvyazCapital, the investment arm of PromSvyazBank, a leading Russian bank. PromSvyazCapital acquired a 27.7% stake for approximately $8 million, a source close to the deal told East-West Digital News.

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