Internet

Yandex relaunches e-commerce delivery service aggregator

July 29, 2015 February 16, 2016

Yandex, the Russian search company behind leading marketplace Yandex.Market, announced yesterday the launch of Yandex.Delivery, a service which aggregates offers from several e-commerce shipment service providers. Yandex.Delivery allows Internet stores to work more easily with several carriers with a unified account and paperwork. E-merchants may install a widget on their site, allowing shoppers to choose the delivery price and …

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Rambler & Co acquires computational linguistics software company RCO

July 28, 2015 February 16, 2016

Russian tech media group Rambler & Co has acquired a 51% stake in RCO, a major software publisher and service provider in the field of computational linguistics and unstructured data analysis. No details of the transaction were officially disclosed, but in an exchange with Kommersant Nikolai Davydov of Gagarin Capital estimated that it amounted to …

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YouTube blocks account of Chechen state TV station

July 27, 2015 February 16, 2016

YouTube has blocked the account of Chechen state television channel “Grozny” from uploading new content because of alleged violations of the site’s terms of service. According to the TV station, YouTube is acting for political reasons. “Given that [YouTube] is a subsidiary of the American company Google, it’s anyone’s guess how the ideology of the content …

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CarPrice.ru raises $40 million to develop online used car brokerage in Russia and beyond

July 24, 2015 February 16, 2016

Yesterday CarPrice.ru, a major Russian online broker of used car, announced that it raised $40 million in a Series B funding round – a considerable amount in the context of contraction of the Russian venture market. The round was led by Baring Vostok Private Equity Fund V with the participation of Almaz Capital and other unnamed investors. …

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Russia’s VKontakte to launch rival to Instagram

July 23, 2015 July 23, 2015

Russian social network VKontakte is on the verge of releasing a mobile application along the lines of popular photo-sharing service Instagram, news agency RBC reported earlier this month, citing two unidentified people familiar with the company’s plans. VKontakte applied to Apple a few days ago to have the application distributed through the U.S. tech giant’s …

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Facebook and Instagram say no thanks to Russian journalist Dmitry Kiselyov

July 20, 2015 February 16, 2016

The Facebook account of Dmitry Kiselyov, one of Russia’s most recognizable news anchors and the head of state-owned news agency Rossiya Segodnya, was deleted just hours after it went live, last week. Kiselyov confirmed in an interview with newspaper Kommersant that the new Facebook account in his name had in fact belonged to him. His first Facebook post appeared on July …

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Skolkovo offers 30 million ruble grant to develop “the maps of the future”

July 17, 2015 July 17, 2015

The grant committee of Skolkovo, the international high tech hub under completion on the outskirts of Moscow, has signed off on a 30-million ruble grant (approximately $500,000) for space and telecommunications cluster resident startup HelgiLab. An equal amount is being put up by the company’s founders. Founded in 2012, HelgiLab provides three-dimensional visualization of surrounding spaces …

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Putin says he supports “minimal” Internet restrictions

July 15, 2015 February 16, 2016

President Vladimir Putin said he was in favor of only “minimal” restrictions on the Internet, but added that he expected Russian citizens to respond with a forceful promotion of Moscow’s views to any “hostile” publications online. Putin made the comments during a meeting with young IT professionals taking part in the National Education Youth Forum. In the meeting, which was held Tuesday in the Vladimir region, Putin …

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Roman Abramovich invests in Israeli startup Anyclip Media

July 15, 2015 February 16, 2016

Yesterday Israeli startup Anyclip Media, which has developed a content marketing platform for distributing premium branded video, announced it has completed a $21 million funding round. Leading participants included new investors Ervington Investments, a company owned by Russian billionaire Roman Abramovich, and Limelight Networks (LLNW), a global digital content delivery company. Current shareholders Jerusalem Venture Partners and …

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Putin signs ‘right to be forgotten’ bill into law

July 14, 2015 February 28, 2017

Russian President Vladimir Putin has signed into law a controversial bill that allows citizens to demand that internet search engines remove links to personal information deemed “false” and “irrelevant,” as well as to that distributed in violation of the law. The law on the so-called “right to be forgotten,” signed by Putin on July 14, …

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Personal data storage law: Russian authorities might postpone Sept. 1 deadline

July 13, 2015 February 15, 2017

Russia will address Internet firms’ concerns about meeting a deadline to comply with a law forcing them to move the personal data of Russian citizens onto servers inside the country, a Kremlin spokesman said on Monday. Under a law last year, Internet sites that store the personal data of Russian citizens must do so on Russian …

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Maxfield Capital invests in “magic” Californian farming data platform

July 13, 2015 November 12, 2020

Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested “up to $500,000” in OnFarm. This Fresno, California-based startup defines itself as an “Internet-of-Things platform that enables a comprehensive array of leading farm hardware technologies into a single grower-friendly management and decision platform.” Thus the startup …

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