Google bans Russian and Belarusian participants from its open source programming contest

April 5, 2022

This year, Google Summer of Code (GSoC) — a global online program focused on bringing more developers into open source software development — will not accept participants from Russia or Belarus.  Neither will coders from “the so-called Donetsk People’s Republic (‘DNR’) and Luhansk People’s Republic (‘LNR’)” be allowed to participate, says GSoC in its FAQ, referring to “current circumstances.” Ukrainian participants are welcome, provided that they are located outside …

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Abu Dhabi sovereign wealth fund suspends investments in Russia

April 11, 2022

Abu Dhabi sovereign wealth fund Mubadala Investment Company has suspended its investments in Russia due to the Ukraine crisis, one of its top executive said last week. “What is happening in this crisis between Russia and Ukraine is a travesty, with catastrophic consequences, in terms of human life and in terms of the impact it’s having on economies all …

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Tech workers describe detentions and interrogations as they flee Russia

April 13, 2022

On the evening of February 23, just a few hours before Vladimir Putin’s army crossed into Ukrainian territory, a message from Amazon arrived in the inbox of Vladimir Smirnov, a programmer from St. Petersburg. It was a work permit for a software engineer position in Ireland. Smirnov had begun interviewing for the position at Amazon in …

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Yandex delivery and mobility activities stopped or threatened in US, UK, France, Latvia, Estonia

April 4, 2022

Yandex, the Russian digital giant whose Nasdaq stock trading has been suspended since Feb. 28, laid off over two dozen US-based workers last month, reported The Verge.  Yandex had been operating a small fleet of driverless cars in Ann Arbor, Michigan. Yandex said the vehicle licenses were suspended by the state authorities — which Michigan denies. …

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Naspers’ OLX no longer involved in operations of Russian subsidiary Avito

April 1, 2022

Avito, Russia’s leading classifieds platform (a subsidiary of OLX Group, owned by Naspers affiliate Prosus), will operate as an independent Russian business,  “We can confirm OLX Group has taken a decision to cease all involvement in its Russian operations. The separation process is underway which will decouple the companies into two independent entities. Avito will operate …

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Russian minister calls for urgent legalization of crypto mining

April 1, 2022

Cryptocurrency mining needs to be regulated “as soon as possible,” Russian Deputy Minister of Energy Evgeniy Grabchak said during Russia’s first national conference of legal bitcoin miners, held recently in Irkutsk. The Siberian oblast, where electricity rates start at just $0.01 per kWh, has been dubbed “the mining capital of Russia” as coin minting in the …

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Russian influencers desperately scramble to maintain their followers — and livelihoods

April 5, 2022

As waves of wartime sanctions by foreign governments and private companies hit Russia, the country’s creator economy is in flux. The state ban on both Instagram and Facebook, Google’s ban on most YouTube monetization in the country, and restrictions on the ability of Russian users to upload videos to TikTok have instigated a mass platform …

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Russian e-commerce major Ozon rules out any default risk, but trading still suspended on Nasdaq

March 29, 2022

Just weeks after warning of a potential bond payment issue, Russian e-commerce major Ozon is now ruling out any default risk. Cited by news agency RIA, the company’s business development director Anna Karpova said Ozon had “113 billion rubles on its accounts,” which is enough to “cover [its] obligations.” “We see loyalty on the part of [securities …

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Anonymous hacktivists claims to have leaked 35,000 files from Russia’s central bank

March 27, 2022

Hackivist group ‘Anonymous’ claimed Thursday its affiliate group Black Rabbit World (@Thblckrbbtworld) had leaked 35,000 files from Russia’s central bank.  The group exposed the stolen files — 28 GB of data — Friday evening, sharing two links to the file hosting service Mega NZ. The folders contain Office and TXT files. Most documents are written in Cyrillic, some are in English. …

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Russian IT brain drain accelerates dramatically as economy collapses

April 2, 2022

Since the war in Ukraine began, triggering unprecedented international sanctions against Russia, some 50,000-70,000 Russian IT professionals have left their country, reports the Russian Association of Electronic Communications (RAEC). This is only a first wave, says the association, which expects up to 100,000 additional IT workers to leave in April.  “The only things holding back …

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Report: How the war in Ukraine is affecting the content that TikTok users see in Russia

March 22, 2022

After Twitter, Facebook and Instagram were banned, TikTok is the only remaining global social media platform still available in Russia. According to Datareportal, it attracted nearly 55 million users in Russia in February 2022; and its audience is likely to grow even more, should it avoid being banned too. What can Russians users see on …

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Russian sanctions, soaring VC investment put spotlight on growing compliance tech industry

March 22, 2022

When Russian forces attacked Ukraine last month, the U.S. and its allies imposed strict sanctions on doing business with the eastern power, cutting off more than half of Russia’s high-tech imports and restricting its access to technological inputs. As those sanctions have been added to on a seemingly daily basis, companies have been left to scramble to …

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