National telecommunications operator Rostelecom, state-owned fund of funds Russian Venture Company (RVC) and Moscow incubator Digital October are to launch Knowledge Stream, a distance learning project for students, news agency ITAR TASS reports.
Moscow – The Russian office of Microsoft Corporation has signed a supply agreement with the organizing committee of the 2014 Winter Olympics in Sochi, Microsoft reported in a recently published news release. Under the terms of the agreement, Microsoft will provide the organizers of the Olympics with software and services particularly for the technical infrastructure of …
St. Petersburg – The Russian Post has announced plans to open 36 new automatic mail sorting centers throughout the country in the coming years, said Russian Post General Manager Alexander Kiselev on Tuesday at a news conference in St. Petersburg. The first sorting center, to be built in St. Petersburg for €50 million, will serve the Northwestern region of …
Russian Post to open 36 automatic mail sorting centers; Siemens expects new contracts Read More
St. Petersburg – Shoring up the slow and difficult transition in the Russian economy from gas and oil to a more knowledge driven paradigm, the St. Petersburg International Economic Forum held in the end of last week in Russia’s Northern capital was replete with innovation related declarations on a massive scale. Innovation was a central theme at the …
St. Petersburg – In addressing participants at the St. Petersburg Economic Forum last Friday, Russian president Dmitry Medvedev’s speech did not reveal any substantially new position regarding his government’s now established stance on modernization, but innovation was nevertheless put forward as the first and foremost theme in the President’s address. “Modernization is the only way to address …
The Russian Federal Supervision Agency for Information Technologies and Communications (FSA ITC) together with the Moscow police has conducted a number of pilot special operations to prevent the illegal distribution of databases containing personal data, the agency reported in a news release last week. The campaign held on June 8 targeted sellers of CDs containing …
Moscow police crack down on illegal database trade Read More
YEES 2011, a collaborative Russian-US forum dedicated to modern entrepreneurship and innovation techniques took place in Moscow last week. The forum gathered over 50 speakers from venture funds, scientific circles, government agencies as well as tech firms and Internet startups. Among them were high level representatives from Cambridge University, Google and Intel Capital as well …
Santa Clara, Calif. — As Russian scientists increasingly deploy GPU-enabled supercomputers to tackle scientific challenges, Moscow State University is upgrading its Lomonosov system with NVIDIA Tesla™ GPUs to be one of the world’s fastest supercomputers.
During a visit to Kazan yesterday, Google Russia representative Vladimir Dolgov praised Tatarstan for its Internet penetration rates, which stand among the highest in Russia. Having noticed the large quantity of schools with Internet connections and local WIFI hotspots, Dolgov said that Tatarstan “has all the necessary foundations for further development of Internet and online …
Tartarstan confirms momentum on Russian Internet scene Read More
Leading Russian mobile operator MegaFon announced on June 10 that it has acquired NetByNet, a fixed broadband Internet, digital TV and IP telephony operator. The value of this transaction is approximately $270 million with the final amount depending on financial performance of the company in 2011, MegaFon explained.
Yandex announced earlier this week it will finance St. Petersburg-based Zenmoney.ru, a personal accounting and budget planning service. This seed financing round of an undisclosed amount will be made under Yandex.Factory, an investment program launched last April to help startups finance their product, prototype, or project development at the seed or early stage.
Authorities in the Rostov region have announced plans to allocate $31 million to finance an innovation development program in 2012-2015, regional officials report. The funds are reportedly to be assigned from the regional budget. According to plans, the program will define mechanisms to attract investors to the innovation sector and provide for a favorable investment climate in the Rostov region.
