Internet

IIDF invests “up to $450,000” in two startups

Earlier this month two Russian startups – the city guide Voxxter and the online event listings service 2do2go – each received “from $250,000 to $450,000” from the Internet Initiatives Development Fund (FRII in Russian), a $200 million seed and early-stage fund launched one year ago. Voxxter intends to use the funds for technical development, broadening its service provider base, and to create new products. 2do2go …

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Pavel Durov has cloned Telegram

Pavel Durov seems to be creating a competitor of his own instant messenger, Telegram, if judging by a new version – christened Telegram HD – which appeared in the Apple AppStore on July 21.  The app is registered to the company Telegram Messenger LLP and all links to the Telegram app for iPhone on the messenger’s official website lead …

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eBay and Russian Post agree to accelerate cross-border deliveries to Russia

The online marketplace eBay and Russian Post have signed a memorandum of cooperation in order to reduce the time of delivery of goods to Russia from the company’s major markets. The agreement on the joint delivery of parcels was signed by Vice-President of eBay Wendy Jones and Director of Russian Post Dmitry Strashnov. Both customers …

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Interior ministry seeks ways to track Tor user data

Russia’s Interior Ministry is offering nearly 4 million rubles ($114,000) for research on ways to get data on users of the anonymous web surfing network Tor. The announcement, posted on the government’s official state procurement website earlier this month, comes amid a massive upsurge in Russian users of Tor, which allows Internet users to anonymously visit websites blocked in their country.

First charge recorded in a non-FSB-sanctioned foreign smartphone purchase

Russia has witnessed its first case brought by the federal customs service against a local resident for trying to order a smartphone from a foreign online store. Eugene Yarutkin, a resident of Dimitrovgrad (Ulyanovsk region), was given the dubious honor when he ordered a Motorola Moto G with a data encryption feature from a German …

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Alleged ex-spy Anna Chapman to launch online shop with logistic support from Otto Group

Anna Chapman, the Russian businesswoman and alleged secret agent uncovered by the FBI in 2010, has teamed up with the Otto Group to launch an e-commerce shop dedicated to her own fashion brand. According to an agreement signed last month, the group’s logistic subsidiary eTraction will provide the warehousing, fulfilment, call center, and returns management …

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International VC consortium injects $7 million into Russian package tour online reseller OnlineTours.ru

On Thursday Russia’s hot online travel market saw its third major venture funding operation in one month as OnlineTours, a reseller of package tours, closed a $7 million Series B round. The funds were brought in by a VC consortium that includes international funds e.ventures, Global Founders Capital and Holtzbrinck Ventures as well as Russia’s …

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How Russian hackers stole the Nasdaq

In October 2010, a Federal Bureau of Investigation system monitoring U.S. Internet traffic picked up an alert. The signal was coming from Nasdaq (NDAQ). It looked like malware had snuck into the company’s central servers. There were indications that the intruder was not a kid somewhere, but the intelligence agency of another country. More troubling still: When …

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Russian spirits businessmen hire Danish “brand futurist” with plans to invest $30 million in kids goods online store

Illustrating the appeal of the kids goods segment, a group of Russian businessmen from the spirits industry have launched Mamagazin.ru, a new e-commerce site with an assortment of more than 5,000 items at start. The site serves all Russian regions via agreements with the Russian post and private carriers, reported business daily Kommersant. The project …

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Symantec and Skolkovo pen partnership agreement

Earlier this week Skolkovo, the international tech hub under completion on the outskirts of Moscow, and California-based digital security solutions firm Symantec signed a deal for joint cooperation across a number of segments. Cooperation will range from educational projects to cooperation in software development. In particular, Symantec will provide mentoring support and advice to companies participating at …

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