Leading Russian search company and Internet group Yandex announced last Friday that some of the products offered on its online marketplace can now be viewed in 3D. The new viewing platform is intended to enhance the comparative shopping experience. According to the Yandex blog, “users who hesitate between buying an iPhone or HTC’s Desire HD …
Through its PepsiCo10 program, multinational beverage and snack maker PepsiCo will offer £10,000, approximately $16,000, along with consulting services from leading specialists in the company and its partners to ten digital technology startups in 2011. Launched in the US in 2010, the PepsiCo10 angel investment program has been extended this year to cover Europe and …
PepsiCo extends angel investment program to Russian tech startups Read More
Bloomberg reported yesterday that, according to “people with knowledge of the talks,” Vkontakte is “in early discussions with investment banks about a potential initial public offering in New York as early as next year.” Vkontakte.ru — ‘In contact’ in Russian — was designed as a Facebook clone when it was launched in 2006, but important …
Vkontakte preparing for IPO next year in New York? Read More
Yandex and Rambler have teamed up in an bilateral exchange of search and advertising services. Starting today, Rambler’s search services will be powered by Yandex and Rambler will join Yandex.Direct, Yandex’s Ad Network.
St. Petersburg – Shoring up the slow and difficult transition in the Russian economy from gas and oil to a more knowledge driven paradigm, the St. Petersburg International Economic Forum held in the end of last week in Russia’s Northern capital was replete with innovation related declarations on a massive scale. Innovation was a central theme at the …
St. Petersburg – In addressing participants at the St. Petersburg Economic Forum last Friday, Russian president Dmitry Medvedev’s speech did not reveal any substantially new position regarding his government’s now established stance on modernization, but innovation was nevertheless put forward as the first and foremost theme in the President’s address. “Modernization is the only way to address …
The Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor) has announced on its website last week that it will conduct three tenders for licenses to provide fixed WiMAX services in the 3.4-3.45GHz and 3.5-3.55GHz frequency bands in 30 Russian regions.
Odnoklassniki has announced the opening of its 100 millionth account last weekend, reported news agency RIA Novosti. The social network now counts 71 million activated accounts – those accounts for which users have provided a valid mobile phone number.
CTC Media, a leading Russian broadcasting company, has embarked on a joint campaign with Vkontakte, the largest social network in Russian and the CIS, to combat illegal content and promote Videomore, CTC Media’s own licensed player. According to CTC Media, which is backed by MTG, the campaign will have the tools at its disposal to search for …
Rambler, the once prominent but now second tier Russian search engine, has announced on company blog on Thursday the establishment of a new venture fund named Rambler-Fund. The fund has been set up in partnership with media firm Afisha.
VTB Capital Asset Management announced last week it has invested in COMDI, a leading player on the Russian video conferencing market. Founded in 2009, COMDI specializes in web conferences as well as online training and broadcasts. Before this round of financing, COMDI was funded by its founders and an undisclosed business angel.
The Russian post discovered and shut down a “scheme of illegal importation via the postal service” in late May. Several major online retailers were discovered to be using postal designated ‘M-bags’ to ship clothes and shoes, the postal operator reported. According to the Universal Postal Convention, M-bags, an economical international shipping format, can only be used …
Asos and Tommy Hilfiger distributors caught in alleged shipping fraud Read More
