Internet

From a cash economy to digital payments: Russia at the crossroads

October 7, 2015

Russia’s readiness for mobile commerce and the speed with which its mobile payments market has been developing have been hot topics for discussion of late. While optimists speak of the cell phone becoming an all-purpose payment terminal as a near-term prospect, skeptics point to Russians’ near-total mistrust of cashless transactions, the low accessibility of banking …

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FSB to forge IT shield against global cyber-attacks

November 19, 2014

Russian President Vladimir Putin decreed last week the creation of a government system capable of anticipating, preventing, and assisting in  the aftermath of cyber-attacks on national IT resources. The Federal Security Service (FSB), the post-Soviet successor of the KGB, will be responsible for the project. In addition to warding off cyber-raids, the prospective system is …

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CERN physicists to benefit from Yandex’s machine learning solution

November 19, 2014

Yandex, Russia’s search giant, announced earlier this week that it is now an associate member of the Open Lab of CERN, the European Organization for Nuclear Research. Under the terms of the recently signed agreement, CERN researchers will be able to tap into Yandex’s computing capabilities and data processing technologies. In exchange, the Russian company …

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Mail.ru launches Spanish language interface

January 22, 2013

In a move to enhance its international traction, the Russian webmail service Mail.ru has launched a Spanish language interface. The news was announced last week, although the interface had been made available in mid-December. Last year a report by ComScore revealed that Mail.ru, which then attracted over 42 million unique users monthly, was among the …

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Kaspersky Lab reveals international cyberspies

January 18, 2013

Kaspersky Lab has identified an elusive cyber espionage network that targets diplomatic, governmental and scientific research organizations in several countries, a company statement revealed. The network has been christened Red October, and there is a chance that the malware may have its origins in a Russian-speaking country. Cybercriminals focusing on Russia, the former Soviet Union, Eastern …

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Russian IT and telecom’s 2012 debacles

November 19, 2014

CNews.ru, a major Russian source of IT and telecom industry news, has put together what it dubs “an anti-ranking” of last year’s most disappointing developments in Russia’s information and communications technology sector. From delays in major government supported programs, to debacles in Asia, to 4G oligopoly, East-West Digital News highlights the most significant setbacks.

Russia to provide advanced telecom and Internet solutions to Bangladesh

January 16, 2013

4G, Internet access, and online services were among the topics discussed by Bangladeshi Prime Minister Sheikh Hasina during her meetings yesterday with top Russian officials. “Russia is ready to share its knowledge, experience, and technologies with Bangladesh,” said Nikolai Nikiforov, Russia’s Minister of Telecom and Mass Communications. “In particular, we have gained a huge and …

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Yandex builds powerful data mining and search app for social networks

January 15, 2013

Yandex, Russia’s leading search engine, is developing a voice-activated search application that retrieves and displays relevant data from Facebook or other social network content, TechCrunch reports from unnamed sources. The new mobile app, codenamed “Wonder,” will enable users to see results – including images – that feature places where their friends have checked in or posted …

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Online matchmaking industry consolidates: Teamo acquires Monamour

January 14, 2013

Matchmaking site Teamo.ru has taken full ownership of its main competitor, Monamour.ru, gaining undisputed leadership of this market segment in Russia. The transaction, which took place in December, was confirmed to East-West Digital News by Teamo Managing Director Vladimir Schmidt. Schmidt said it was a cash transaction, but declined to disclose further financial information.

UK online retailer ASOS comes to Russia as cross border sales doubled in a year

January 11, 2013

ASOS.com, a major British online fashion retailer, is now planning to launch local operations in Russia. The site’s press service confirmed the news to East-West Digital News, but denied a rumor that it was also considering an acquisition. ASOS is among the most popular sites selling to Russian shoppers from abroad. As EWDN’s recent report …

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Mobile social networks attract 12.5 million Russian users

December 31, 2012

J’son  & Partners, a management consultancy covering telecom and IT markets in Russia and other countries, has released a report on Russia’s small but rapidly-expanding mobile social networks market. The popularity of mobile social networks is growing in Russia in the same way as elsewhere in the world, the report notes, driven by the increasing …

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