A monument in memory of Steve Jobs was unveiled earlier this month in the yard of the St. Petersburg National Research University of Information Technologies, Mechanics and Optics (ITMO). The monument, which is about the size of a man, represents an iPhone 4, and is equipped with an interactive touch screen that displays highlights of …
St. Petersburg university pays tribute to Steve Jobs Read More
Parallels, a global provider of desktop virtualization and cloud enabling solutions founded by a Russian team in 1999, and the Novosibirsk State University are working on a joint project to develop a scalable software platform to host cloud applications for small and medium-sized businesses. The company is expected to invest more than 300 million rubles (about $10 …
Parallels to invest $10 million in Russian cloud solution project Read More
The Republic of Tatarstan is confirming its commitment to innovation with plans to invest heavily over the next two years in the engineering and transport infrastructure of Innopolis, an “innovation city” under completion near the capital Kazan. Tatarstan will put up a significant part of the total investment, which has been estimated at 20 billion …
Tatarstan’s Innopolis to receive $670 million in investments Read More
Last week Russian President Vladimir Putin signed into law a draft bill supplementing and amending the country’s current visa legislation. The new law grants preferential visa treatment to representatives of large international corporations investing in Russia and of companies participating in two key state-supported programs: Skolkovo, the giant tech hub under completion on the outskirts …
Russia grants international investors preferential visa regime Read More
The EURECA US-Russia Innovation Corridor is a project of the University of Maryland, College Park (UMD) and University of Nizhny Novgorod to increase collaboration in innovation and commercialization between the US and Russia. The Corridor will incubate collaborations in innovation between the US and Russia, starting with Maryland and Nizhegorodskaya entities, and drawing upon the …
Alexander Turkot, who resigned this past fall from his position as director of Skolkovo‘s IT cluster , has announced the launch of a new venture fund, which he hopes will raise as much as $100 million. The fund has already received a commitment from Renova for “up to $50 million,” Turkot told East-West Digital News. …
A growing number of Russian satellite TV operators are trading the once cherished status of premium providers for that of discounters, driving market prices down and increasing competition in a country where an estimated 55-57% of households are linked to paid television services. NTV-Plus, Russia’s oldest satellite TV company, and one which has been in …
Russian satellite TV operators dramatically decrease pricing to win new audiences Read More
Last month the Russian police confiscated 103 packaged bales full of fake Apple and Samsung phones; they estimate 10 million rubles ($310,000+) and 179 million rubles ($5.6 million), respectively, in damages for the trademark holders. As many as 8,400 handsets “with unmistakable signs of falsification,” stacked on a train that ran from Vladivostok, in Russia’s …
Phony “New Year godsend” under Apple and Samsung guise seized in Moscow Read More
Skolkovo, the state-sponsored giant tech hub nearing completion on the outskirts of Moscow, has come under sharp criticism over the last several months, suggesting that government policies in support of innovation in the country could be reviewed. Among the first signs of resistance to Skolkovo’s recent development were remarks made this past October by Deputy …
Skolkovo under fire; government innovation policies may be reshaped Read More
Scientists at the St. Petersburg National Research University of Information Technologies, Mechanics and Optics (ITMO) and some ethnic Russians from Componentality Oy, a Finnish-based company, have developed unique communications technologies to address transport problems in large urban areas, RusNanoNet.ru reported last week. The joint effort has reportedly resulted in the development of a “smart traffic …
“Smart traffic light” and “smart bus stop” for modern jam-plagued cities Read More
Attracting an array tech investors, startup entrepreneurs, and professionals from Russia and abroad, the annual TechCrunch Moscow conference took place for the third time on December 9 and 10 in Digital October, a major venue for tech events and educational programs. This year’s topic was ‘War and Peace,’ with 44 projects involved, representing a variety of …
Forty-four Russian startups highlighted at TechCrunch Moscow Read More
WebReady, a contest organized by Ingria, a St. Petersburg-based technopark, took place in St. Petersburg last week. One of the Russian startup scene’s most notable competitions, the event included a startup exhibition, elevator pitches, conferences, and a Venture Capitalist Corner as well as a variety of other networking opportunities. Featuring Internet and mobile sections for …
