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Activist sues Moscow city for implementing facial recognition technology in public cameras

Moscow activist Alyona Popova has submitted a lawsuit asking for the city’s implementation of facial recognition technology to be declared illegal. Sarkis Darbinyan, an attorney for the free speech group Roskomsvoboda who is representing Popova in court, notified Vedomosti, a major Russian daily, of the lawsuit. Popova is arguing that processing biometric data without receiving written permission from the …

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Russian hacker pleads guilty in massive consumer data theft in the USA

A Russian hacker has admitted to his participation in one of the largest thefts of consumer data from U.S. financial institutions, brokerage firms, and other companies, the US Justice Department says. Manhattan US Attorney Geoffrey S. Berman said Andrei Tyurin pleaded guilty to computer intrusion, wire fraud, bank fraud, and illegal online gambling offenses, the …

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Evgeny Yakushkin of AliExpress Russia: “Tmall is our fastest growing business in Russia”

Addressing the lack of internationally-available information on this topic, East-West Digital News recently released an in-depth report on Russian e-commerce. Each week we publish here its best excerpts, including interviews with major domestic and international players, trend analysis from top market experts, and practical recommandations for companies to succeed in this market.  This series continues today with an exchange with …

Evgeny Yakushkin of AliExpress Russia: “Tmall is our fastest growing business in Russia” Read More

Anna Kuzmina: “The Russian e-commerce market is very big, but not in the way it is usually assessed”

Addressing the lack of internationally-available information on this topic, East-West Digital News recently released an in-depth report on Russian e-commerce. Each week we’ll publish here its best excerpts, including interviews with major domestic and international players, trend analysis from top market experts, and practical recommandations for companies to succeed in this market. This series is starting today …

Anna Kuzmina: “The Russian e-commerce market is very big, but not in the way it is usually assessed” Read More

Baring Vostok executive Philippe Delpal moved from prison to house arrest

Yesterday a Russian court ordered to transfer French citizen Philippe Delpal to house arrest after six months spent in pre-trial detention. The decision took place just days before Russian president Vladimir Putin’s visit to France, where he is expected to meet his French counterpart Emmanuel Macron. In early April Baring Vostok’s founder, the US citizen …

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In Saratov, a delivery man brings food on horseback

A Delivery Club courier has been spotted roaming the streets of Saratov, central Russia, riding a white horse, reports The Moscow Times, citing the Russian online publication TJournal. The man was photographed with the company’s typical green shirt and backpack. “I’m already being called the courier on the white horse around the city,” he was …

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Siberian school-leaver launches pizza into space and chats with Elon Musk

Many people first heard about ToSky on June 2, 2019, when the company launched a toy Lada into space with a figure of Dmitry Rogozin, general director of the Russian State Space Corporation (Roscosmos), inside. To do so, the startup from Tomsk (3,000 east of Moscow) used an aerostat, basically a high-altitude balloon. But Nikita …

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How federal censors monitor and punish Russia’s mass media

The arrest of Ivan Golunov under drug trafficking charges on June 6 triggered a flurry of emotion in the Russian media and social scene. Many see in the case a manipulation to intimidate or punish an independent-minded journalist and its employer, the Riga-based online publication Meduza, whose investigations often target behind-the-scene interests in the Russian …

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President Putin: “AI is one the key areas that determine the future of the entire world”

On May 30 Vladimir Putin held a meeting on the development of artificial intelligence technologies. It took place during a visit to School 21, established by Sberbank as an educational organization to train IT specialists. Before the meeting, the head of state was told about the academic process at School 21 and had a brief …

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Kendrick White: “Shifting to the innovation economy requires a change in investors’ mindset”

The Russian venture capital market is yet to take proper shape whereas startup entrepreneurs and investors often feel disappointed in their expectations and financial realities. US citizen Kendrick D. White, who has dedicated the last 20 years of his professional life to bridging Russia with the global tech and venture markets, shared his views on …

Kendrick White: “Shifting to the innovation economy requires a change in investors’ mindset” Read More

Dutch business angel Bas Godska launches venture fund, targets startups from across Europe

Bas Godska, an international e-marketing veteran and one of the most prolific business angels in Eastern Europe, announces the launch of Acrobator Ventures. This startup fund plans to invest up to  €20 million in the coming three years “from pre-seed stage to later stages.” Its sweet spots will be SaaS, Big Data/ML/AI and HR tech, not …

Dutch business angel Bas Godska launches venture fund, targets startups from across Europe Read More

Target Global General Partner Mike Lobanov: “With or without Brexit, London will continue to be a top global tech hub”

An VC firm headquartered in Berlin with €700 million in assets under management, Target Global has just opened an office in London, coming in addition to its Moscow and Tel Aviv offices. In this interview, the firm’s General Partner Mike Lobanov shared his views about the Russian venture market and the prospects of Europe’s key …

Target Global General Partner Mike Lobanov: “With or without Brexit, London will continue to be a top global tech hub” Read More

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