Russian game publisher Game Insight has been in the news over the last year for having opened an office in San Francisco, reached sales of $90 million and made the Forbes’ list of top 30 most successful Russian web companies. The company develops free apps for iOs, Android, Facebook and VKontakte. In this interview with Russia …
Russia’s richest man Alisher Usmanov told Bloomberg that he recently spent about $100 million buying Apple shares in anticipation they will rise. “I believe in the future of this company even after Steve Jobs,” he said to the news agency. “When the company lost $100 billion of its market value, it was a good time to buy …
Russian billionaire Alisher Usmanov buys $100 million stake in Apple Read More
Among Russia’s billionaires, only two have made their wealth exclusively from high technology industries, according to Forbes’ latest ranking of Russia’s billionaires released earlier this month. The Russian edition of the US magazine has estimated the wealth of Arkady Volozh, the co-founder, main shareholder and CEO of NASDAQ-listed search company Yandex, at $1.15 billion.
Dismissing the widespread cliché of Russians only being capable of cloning existing Western business models, Enter.ru is a hybrid offline/online retailer with no known equivalent in the world. Launched in early 2011, the company recorded 3.1 billion ruble in turnover the next year (approximately $100 million, including VAT), quickly asserting itself as a major player …
VKontakte got its first Hollywood star on board! According to the Huffington Post Tom Cruise announced he was joining the Russian social network on Friday from his Twitter page with a tweet that read: “Увидимся там!” (“See you there” in Russian). As of Monday 25, Tom’s profile had gained 63,000 followers, many of which commented in English …
Tom Cruise’s Vkontakte page attracts 63,000 followers in three days Read More
Tucked away some 700 km east of Moscow in Ulyanovsk, the city of Lenin’s birth, the three-year-old startup Ecwid stands as a global leader in micro e-commerce, with over 270,000 registered merchants in 174 countries. Its cloud-based shopping widget can be embedded into any webpage, blog, or page on Facebook, where Ecwid serves more than …
Russia’s Deputy Minister of Communications Mark Shmulevich spoke with Elena Shipilova of Russia Beyond The Headlines about how IT can become Russia’s leading non-resource sector in terms of export volumes, what to do in order to make the profession attractive among young people and what foreigners can learn from their Russian counterparts.
There are not too many Russians who participated in the annual South by Southwest festival in Austin, Texas, this year, but this one is hard to miss. Yuri Milner, a Facebook investor and the founder of DST Global investment fund, was interviewed by Vanity Fair contributing editor Bethany McLean. During the interview, Milner predicted that …
SXSW: Yuri Milner predicts rosy future for social networks Read More
With daily trading volumes between $70 and $300 million, B2B-Center.ru, Russia’s main electronic trading platform, serves more than 100,000 clients from 100 countries. Last year, a consortium of investors led by Da Vinci Capital Partners, Insight Capital, Alpha Associates and Runa Capital acquired a minority stake in the company, valuing it at an approximate $160 million. CEO …
Seventeen-year-old Kirill Chekanov has created a start-up which he called “Twitter for investors.” The project, which is still beta testing and seeking both new investors and a customer base, is competing in a narrow niche. Chekanov claims Hippflow steps up investor communications, while critics say it allows investors to publically transmit what they prefer to exchange …
A leading authority on global innovation who designed and built national technology programs for countries as diverse as Russia and Abu Dhabi, Steven Geiger recently made a guest lecture at Moscow’s New Economic School on the common mistakes countries make when attempting to create innovation cities, and how to best avoid them (see video). “I am concerned …
Esther Dyson is a former journalist and Wall Street technology analyst, as well as a leading angel investor, entrepreneur, philanthropist, and business commentator. She has focused her career on breakthroughs in innovative healthcare, government transparency, digital technology, biotechnology, and space. Dyson is on the supervisory board of Yandex, as well as the advisory board of …
