M.Video, a leading Russian specialized retailer, will soon make electronic products and home appliances available for purchase on Facebook and Vkontakte.ru, Russia’s leading social network.
The Russian Supreme Arbitration Court settled the dispute between leading Russian television channel RTR and social network Vkontakte on the liability of the social network for the transfer and use of unlicensed content on the site. The court ruled that Vkontakte is not responsible for its users’ copyright violations.
Tulp.ru, a website where users can share impressions on local businesses—from detailed stories of their consumer experince to photos and ratings—is about to raise $3 million from “an important Russian offline player,” reported company founder Taisiya Kudashkina to EWDN.
“We rule out, and consider to be utopian, a full integration of Vkontakte into Mail.ru Group,” said Pavel Durov in an open letter published yesterday. Durov, Vkontakte.ru’s general manager and main shareholder, denied holding any discussions about an increase of the Mail.ru Group stake in Vkontakte.ru, Russia’s leading social network.
Tinkoff Credit System, a Russian bank specializing in consumer credit, and Odnoklassniki.ru, a leading Russian social networking site, have launched a social application allowing users to apply for co-branded credit cards.
The Office of the United States Trade Representative (USTR) made public yesterday a list of 30 Internet and physical markets in various countries which “have been the subject of enforcement action connected with counterfeiting and piracy, or may merit further investigation for possible intellectual property rights (IPR) infringements.” Among them are Vkontakte.ru, Russia’s leading social …
Two leading Russian sites blacklisted by US government for piracy Read More
Mail.ru Group is in discussions with other owners of Vkontakte.ru with a view to take full control of this leading social network, said Dmitry Grishin, the group’s general manager.
Softline Venture Partners, a fund owned by Softline, a leader on the Russian software licensing market, has invested an additional $500,000 in Emegamall to take a controlling stake in the company. The transaction was based on a valuation of $2 million, reports Oborot.ru, a specialized online resource.
Groupon Russia has made its offer available in “Cool discounts,” an application of Odnoklassniki.ru, a leading Russian-language social network.
The Russian Interior ministry announced that a criminal case has been opened against a 26 year-old Muscovite for having “replicated and disseminated” 18 copyrighted music recordings from his personal page on Vkontakte.ru. This followed a complaint from Nikitin, the Russian music company that owns the rights.
Digital Sky Technologies (DST Global), Russia’s major Internet investment fund, pledged $50 million to Facebook’s latest $500 million financing round. In addition, DST stakeholder Goldman Sachs bought a $450 million stake with the right to sell up to $75 million to DST, according to sources quoted in The New York Times involved in the talks. With …
DST takes part in Facebook’s newest and largest investment round Read More
