People

From politics, to PR, to venture: How a young Russian woman made her way to Silicon Valley

February 21, 2020

When Masha Drokova became one of the leaders of ‘Nashi’, a pro-government Russian youth movement, many years ago, who would have guessed her business successes in Silicon Valley would be featured one day in top US publications?  Drokova’s first professional experience as a TV host and producer in 2008 prepared her to make a lightning …

From politics, to PR, to venture: How a young Russian woman made her way to Silicon Valley Read More

Russia’s new prime minister has an opinion of cryptocurrencies

January 31, 2020

The Russian Federation has a new prime minister, Mikhail Mishustin, previously head of the country’s tax administration. In this position, Mishustin made comments about cryptocurrencies on multiple occasions, crypto news outlet Forklog reminded. Nobody trusted paper money when it was introduced into circulation and it had to be backed with the gold reserves of central …

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Russian billionaire Alexey Mordashov wants to create “a kind of Amazon”

January 23, 2020

Can a Russian billionaire become a digital leader after making his fortune in steel? “We have several investments related to human needs: education, medicine, traveling and retail. We are thinking of creating an ecosystem based on these assets – a kind of Amazon,” Alexey Mordashov told Bloomberg. “Each of these areas is on the verge of great change,” …

Russian billionaire Alexey Mordashov wants to create “a kind of Amazon” Read More

How a highly connected military figure became Russia’s point man for disconnecting the Internet

December 24, 2019

In November 2019, Russia’s so-called “Internet sovereignty law” took effect, requiring all local telecom operators to install special equipment designed to “withstand foreign threats” and block anything added by Roskomnadzor (the federal censor) to the government’s registry of banned online content. The new regulations are still unenforceable in practice, but officials are already testing the …

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US and UK accuse two Russian nationals of causing tens of millions in hacking damages

December 9, 2019

US and British law enforcement officials announced charges Thursday against two Russian nationals they think are responsible for separate global hacking schemes. Some of the largest pieces of malware ever seen were deployed to swipe tens of millions of dollars from the bank accounts of unsuspecting victims. Officials identified those charged as Maksim Yakubets of Moscow and …

US and UK accuse two Russian nationals of causing tens of millions in hacking damages Read More

Oleg Ganeev, Deputy Chairman of the Executive Board of Sberbank: “AI has become the core that maintains and enhances process performance”

December 7, 2020

Born in Ufa city (Bashkortostan, Russia), Oleg Ganeev has built his career in the banking industry (Uralsib, Rus-Bank, Sberbank). In November 2014, at 42, he was appointed as Deputy Chairman of the Executive Board of Sberbank. He is in charge, in particular, of the sales network, distressed assets department, Islamic banking and related partnerships. In this exchange with East-West Digital News, Mr. Ganeev presents a …

Oleg Ganeev, Deputy Chairman of the Executive Board of Sberbank: “AI has become the core that maintains and enhances process performance” Read More

Andrey Andreev sells Badoo, Bumble to Blackstone at $3 billion valuation

January 21, 2020

Andrey Andreev, the Russian-born online dating tycoon, has sold his business MagicLab to Blackstone, one of the world’s leading investment firms. The deal valued the company “at approximately $3 billion,” the firm stated, without providing any more details. MagicLab touts itself as the company that “invented how people meet in the modern, mobile age,” “connecting and transformed …

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“I’m making this bitch’s life hell:” A murder in the darknet

October 31, 2019

The BBC Russian Service has released an investigative report detailing the activities of Yaroslav Sumbayev, a hacker who allegedly ordered the widely publicized murder of Special Investigator Yevgenia Shishkina. The Georgian government extradited Sumbayev to Russia on October 24. He had previously fled the country to avoid prosecution in a case that Shishkina was investigating. Russian journalists …

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Mail.ru Group’s Dmitry Sergeev: “Our e-commerce JV will actively develop social and domestic dimensions”

November 14, 2019

Earlier this month Mail.Ru Group and Alibaba completed their e-commerce joint venture deal with participation from jointly with Russian telco MegaFon and sovereign fund Russian Direct Investment Fund (RDIF). This JV will leverage on the existing businesses of AliExpress Russia, the B2C marketplace owned by Alibaba which controls the bulk of e-commerce flows between China and …

Mail.ru Group’s Dmitry Sergeev: “Our e-commerce JV will actively develop social and domestic dimensions” Read More

President Putin signs national AI development strategy

November 1, 2019

A “National Strategy for the Development of Artificial Intelligence for the period until 2030” was approved earlier this month by Russian President Vladimir Putin, as reported by TASS. The presidential executive order defines AI as “technological solutions that can simulate a person’s cognitive functions and get results comparable at least to the results of human …

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Russian iPhone user sues Apple for turning him gay

December 10, 2020

A Russian man is seeking more than $15,000 in damages from Apple after claiming that the U.S. tech giant drove him to homosexuality, the Govorit Moskva radio station has reported.  The plaintiff, identified as D. Razumilov, alleges that he became “mired in same-sex relationships” this summer after receiving 69 GayCoins on a cryptocurrency payment app …

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Baring Vostok executives will be kept under house arrest until January in spite of weakened charges

October 9, 2019

A Moscow court ruled yesterday that Michael Calvey, the prominent US investor arrested in February, and his French colleague Philippe Delpal, should remain under house arrest until January 13. According to the Investigative Committee, which requested such measure, three more months are required to complete the investigation, as reported by the TASS news agency. Initially …

Baring Vostok executives will be kept under house arrest until January in spite of weakened charges Read More

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