Russian Venture Company (RVC), the state-owned fund of funds dedicated to innovation, announced yesterday its cooperation with the Investment and Venture Fund of the Republic of Tatarstan (IVFRT) in the creation of a new international fund of funds. The new fund, named RVC IVFRT LP, will invest in international venture funds focusing on innovative companies.
Russian Venture Company (RVC), the state-owned fund of funds dedicated to innovation, is looking to invest in US startups through a newly-established office in Boston. RVC-USA presents itself as a “visionary and strategic investor that melds the innovation of US startups with the resources of Russia.” Its possibilities include direct investment in local startups, in particular those …
RVC USA “melds US innovation with the resources of Russia” Read More
Russia is perceived as a threat to global cyber-security, says a report on worldwide technology safety released earlier this week by the Brussels-based Security & Defence Agenda (SDA). According to experts surveyed for “Cyber-security: The vexed question of global rules,” Russia remains “a thug state with great hackers.” The report cites Vitaly Kamluk of the …
Report: Russia still a threat to global cyber-security, but less exposed to attacks Read More
No less than one hundred IT projects are at different stages of completion at Moscow’s Domodedovo airport. The projects have a budget totalling 2 billion rubles, or approximately $66 million, over two years, Domodedovo’s IT Director Viktor Ponomarenko announced yesterday.
Eurosport has extended its partnership with MTS, a leading Russian mobile operator, thereby providing the latter’s mobile TV subscribers with access to Eurosport and Eurosport 2. In a statement, MTS says it has one of the most developed 3G networks in Russia, covering around 80% of the population and that the number of users of …
As many as 270,000 GPS+GLONASS road navigation devices were sold in Russia last year, an almost three-fold increase from 2010, said Alexander Gurko, General Manager of NIS GLONASS, the Russian national provider of satellite navigation services, in an exchange with news agency RIA Novosti earlier this week. These figures could double in 2012, representing sales …
Almost two years after the release of its Russian language version, and one year after it launched a local classifieds service, eBay enjoys a strong and still growing popularity among Russian consumers who use the platform to order goods from all over the globe. eBay’s Head of International Expansion for Europe Rob Cassedy shared some insights …
Rob Cassedy of eBay: “For Russians, eBay is all about international deals.” Read More
Interest in content delivery networks (CDNs) is growing amongst leading mobile operators in Russia. According to Russian publications AKTR and ComNews.ru, VimpelCom is currently looking for an equipment supplier for a CDN and expects to finalise a tender in the first half of this year. MTS is meanwhile using one operated by the company NGENIX but …
Russia’s mobile operators gear up for OTT services Read More
After years of strategic discussions, long bureaucratic processes, and unsuccessful attempts to launch 4G, 2012 promises to be the breakthough year for LTE deployment in key areas of Russian territory. While three players – Scartel, Rostelecom and Osnova Telecom – had received their own frequencies for LTE deployment by the end of 2011, additional frequencies …
2012 expected to be Russia’s breakthrough year for LTE Read More
Russia’s three leading mobile operators, Megafon, MTS and Vimpelcom, announced last week they will provide their subscribers with full common access to their respective mobile payment systems. Over the last two years, Russian mobile operators have developed and diversified their mobile payment systems far beyond traditional premium SMS. The ‘Easy Payment’ of MTS, ‘Mobile Payment’ and …
Russia’s “Big Three” mobile operators join forces to develop m-commerce Read More
RTI, a large Russian group of high-tech research and production companies, announced on Tuesday the acquisition of NVision, a Moscow based system integrator with regional representative offices in Ekaterinburg, Novosibirsk, Nizhny Novgorod, St. Petersburg, as well as in Kazakhstan and Uzbekistan. RTI will pay $200 million in exchange for a 50% stake in NVision, while …
High tech holding RTI to acquire system integrator NVision Read More
Koobface (the name is an anagram of Facebook), the most famous worm in Facebook’s history, has attracted public attention once again after the social network’s security service announced earlier this month that they were going to reveal the names and photos of criminals behind the malware.
