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Moscow City Hall uses taxis, video cameras, and metro passes in new citywide surveillance scheme

Moscow Vice Mayor Maxim Liksutov has told the BBC Russian Service that the Russian capital’s municipal government is tracking the movements of its residents using tools as diverse as taxi data, cell phone data, security cameras, data from Troika multi-ride metro passes, and customer complaints about the city’s public transport system. Liksutov said that all this geoanalytical …

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Reuters: Western intelligence hacked Yandex to spy on accounts

Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018, deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters. The malware, called Regin, is known to be used by the “Five Eyes” intelligence-sharing alliance of …

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State fund Veb Ventures to provide $31 million to Russian startups this year

Veb Ventures (formerly VEB Innovations), a venture fund launched by state development agency VEB.RF (Vnesheconombank) in 2011, is confirming its commitment to support Russia’s tech startups. The fund has pledged to invest 2 billion rubles (more than $31 million at the current exchange rate) in seven companies by the end of 2019.  The move follows …

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Russian state to put more than $100 million in edtech fund

The Russian Ministry of Economic Development and RVC, the Russian state fund-of-funds dedicated to innovation, have inked an agreement to create a new venture fund dedicated to IT innovation in the field of education. The fund will target projects using the latest word of IT technologies on the global market. The parties are committed to provide …

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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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Russian sovereign fund agrees $3 billion high-tech investment partnerships with Middle East, Chinese players

Last month the Russian Direct Investment Fund (RDIF) received $2 billion from foreign investors to support Russian startups developing AI projects, the business daily Vedomosti reported, citing exchanges with RDIF representatives. The money came from sovereign funds and global corporations in the Middle East and Asia, including the UAE.  The RDIF plans to invest variable amounts in …

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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 …

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

Alibaba, Mail.Ru, MegaFon and RDIF commit to invest nearly $400 million in Russian social commerce joint venture

Yesterday Alibaba, Mail.Ru Group, Russian telco MegaFon and sovereign fund Russian Direct Investment Fund (RDIF) announced they received approval from Russia’s antimonopoly authorities for their “social commerce joint venture.” The JV will leverage on the existing businesses of AliExpress Russia, the B2C marketplace owned by Alibaba which controls a large part of the e-commerce flows between China and Russia. The partners …

Alibaba, Mail.Ru, MegaFon and RDIF commit to invest nearly $400 million in Russian social commerce joint venture Read More

Russia specifies which threats could necessitate Internet isolation

Russia’s Communications Ministry has specified a list of threats that may necessitate isolation of the country’s Internet under a new law signed by President Vladimir Putin on May 1. In a proposal published on the parliament’s online portal, where registered users can critique a proposal on how the new legislation would be implemented in practice, …

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Prime minister Medvedev: As cryptocurrencies lose popularity, regulation “not that relevant already”

Crypto regulation is not a priority for the authorities since cryptocurrencies have lost their popularity, the Russian prime minister has recently argued. Prime minister Dmitry Medvedev’s comments were reported by Russian news agency Fontanka on May 16. “The popularity of cryptocurrencies has decreased so far, which likely makes the regulation issue not that relevant already,” said the prime minister at an annual …

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‘Sovereign Internet’ law: Why Russia could break the Internet

It finally happened, at the beginning of May president Vladimir Putin signed a bill that seeks to establish Russia’s “internet sovereignty.”  The law’s explanatory note bluntly asserts that it was prepared taking into account the aggressive nature of the U.S. National Cybersecurity Strategy adopted in 2018: “Under these conditions, protective measures are necessary for ensuring the long term …

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