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Mail.Ru Group’s social networks reject advertisements from ruling party ‘United Russia’

In a new sign of their search for a relative independence in Russia’s digital space, the social networks VK (Vkontakte) and OK (Odnoklassniki) have rejected new advertisements from United Russia where the ruling party claims to be “the president’s party.” As reported by online publication Znak.com from a source in one of United Russia’s regional offices, Mail.ru …

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“Groundless persecution” of social media users raises growing protests in Russia

The authorities’ propensity to crackdown on social media users for their activity with supposedly unlawful content has become excessive even in the taste of such an established and little opposition-minded Internet business as Mail.Ru Group. The group dominates the Russian social media scene with its properties VK (Vkontakte) and OK (Odnoklassniki). Listed on the LSE, …

“Groundless persecution” of social media users raises growing protests in Russia Read More

State fund of funds plans to create 10 new funds to stimulate VC activity

Earlier this month RVC, the state-owned fund of funds supporting innovation in Russia, announced a new investment strategy. Aiming to stimulate VC activity in the country, which is still stands at relatively low levels, RVC intends to create 10 new funds until 2020, in addition to its existing 26 affiliated funds. Among these new investment tools will be “funds …

State fund of funds plans to create 10 new funds to stimulate VC activity Read More

USDOC SABIT IT 2018 program picks tech startups from former Soviet Union

The US Department of Commerce (USDOC) International Trade Administration established the SABIT program in 1990 to promote the economic restructuring of countries from the former Soviet Union.  There are several group programs within this initiative including Health Care and IT. The SABIT IT tech startup program recently chose 18 participants for its June 2018 executive …

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Driverless cars to be tested Moscow-Saint Petersburg highway

On May 4, Russian Prime Minister Dmitry Medvedev requested that driverless cars be tested on a segment of the Moscow-St. Petersburg highway by November this year. The project involves the Federal Road Agency (‘Rosavtodor’) and state company Russian Highways (‘Avtodor’) as well as a working group that includes Yandex — the Russian search giant which unveiled its …

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Skolkovo agrees cooperation with Antwerp city authorities

In late April Skolkovo, the international tech hub under completion on the outskirts of Moscow, welcomed a large delegation from the Belgian city of Antwerp. The delegation comprised about 100 representatives of Antwerp businesses, the city administration and the University of Antwerp, and was headed by Antwerp Mayor Bart De Wever. As a city that is …

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Technological development among national priorities, according to Putin’s first decree in new term

Just four hours after assuming office for his new term, President Putin signed yesterday a 19-page decree defining nine “national development goals” with precise performance targets. While the first goals address key social issues — from ensuring “sustainable natural population growth” and a higher life expectancy, to raising real wages and pensions, to “cutting poverty in …

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Targeted by sanctions, Viktor Vekselberg becomes toxic figure on the US financial market

Russian billionaire Viktor Vekselberg, who controls conglomerate Renova and heads the Skolkovo Foundation, is one of the 24 Russian businessmen targeted by the new wave of US anti-Russian sanctions announced last month. Thus, Vekselberg may have become a “toxic” figure for Western funds or companies. As revealed last week by The Bell, a Russian online business …

Targeted by sanctions, Viktor Vekselberg becomes toxic figure on the US financial market Read More

Russia to ban websites that “compromise the honor” of Internet users

Russian censors may see their workload increase again with a new law coming into force against websites that “discredit the honor, dignity and business reputation of citizens and legal entities.” The law was signed President Vladimir Putin Monday last week. Internet resources can be banned following a court decision, should they refuse to remove the contentious content. Roskomadzor, …

Russia to ban websites that “compromise the honor” of Internet users Read More

US government considers specific sanctions against Kaspersky Lab

Kaspersky Lab could be targeted by specific sanctions “as part of a wider round of action carried out against the Russian government,” CyberScoop reported earlier this week, refering to “US intelligence officials familiar with the matter.” The Russian cybersecurity company has two ongoing lawsuits against the US government, which were filed in response to the recent …

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Why Russia is banning Telegram: FSB concerned by cryptocurrency project, not message encryption

The official reason for banning Telegram in Russia – its refusal to let the secret service decipher user messages, as required by Russian law, to “prevent terrorism” – might not be the real one. Revealed today by the Russian business daily RBC, an informal note written by an employee of the Federal Security Service (FSB), …

Why Russia is banning Telegram: FSB concerned by cryptocurrency project, not message encryption Read More

UK and US blame Russia for ‘malicious’ NotPetya cyber-attack

The Russian military was directly behind a “malicious” cyber-attack on Ukraine that spread globally last year, the US and Britain have said. The White House said June’s NotPetya ransomware attack caused billions of dollars in damage across Europe, Asia, and the Americas. UK Defence Secretary Gavin Williamson said Russia was “ripping up the rule book” …

UK and US blame Russia for ‘malicious’ NotPetya cyber-attack Read More

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