Moscow residents Andrey and Natalya Lopukhov have been charged with Internet video piracy, with Russian and international copyright owners seeking damages estimated at over 38 billion rubles, or $1.26 billion. The Russian Office of the Prosecutor General ordered the couple to be arraigned in court on criminal charges, the Russian press reported last week.
Mail.ru Group, a leading Russian Internet group listed on the London Stock Exchange, is developing its own microblogging service to compete with Twitter on the Russian market, Russian business daily Kommersant reported earlier this week from unnamed sources within and outside the group. The ‘Russian Twitter’ will be integrated to user accounts on the group’s …
Moscow city court confirmed almost two months of extended detention for prominent Russian Internet businessman Pavel Vrublevsky, who is expected to be held until December 23. The court has rejected an appeal filed by Vrublevsky’s attorneys to release the entrepreneur on bail for 30 million rubles, a sum of almost $1 million. Vrublevsky, 32, was …
ChronoPay owner Vrublevsky pleads guilty in cyber attack case, court extends detention Read More
French computer game publisher Ankama Games and leading Russian Internet company Mail.ru Group are about to launch a Russian version of ‘Dofus,’ a massively multiplayer online role-playing game (MMORPG) that has attracted dozens of millions of users across the globe since it was released in 2005. A beta version of the Russian language game has …
Mail.ru Group to offer MMORPG Dofus to Russian gamers Read More
A three-year collaboration program for the development of a graduate level research university was signed last week in Moscow by MIT President Susan Hockfield and Skolkovo Foundation President Viktor Vekselberg. The new institution will be located in Skolkovo, the state sponsored innovation hub under completion near Moscow. The university, named Skolkovo Institute for Science and …
MIT and Skolkovo to develop joint research university in Moscow Read More
Russia’s top Internet search portal Yandex, which outstrips Google on the domestic market with a 62% market share, has been ranked fifth on a global list of Internet search properties prepared by the US research firm comScore, reported news agency RIA Novosti.
British electronic invoicing startup Tradeshift announced last week it had secured $17 million in funding led by Russian venture funds Ru-Net and Kite Ventures, Tradeshift co-founder and CEO Christian Llang reported in the company’s blog. Existing Tradeshift investor British fund Notion Capital also took part in the round of funding to increase its stake in …
UK online invoicing startup Tradeshift nabs $17 million in funding led by Russian funds Read More
Skolkovo, the state sponsored innovation hub under completion near Moscow, is expecting an approximate 135 billion rubles, or $4.14 billion, in investment between 2012 and 2015. Part of this sum, at least 55 billion rubles or $1.8 billion, will be a provided in the form of loans from Vnesheconombank (VEB), the state owned bank for …
Skolkovo financing partly unveiled, details remain undisclosed Read More
Runa Capital, a Moscow based venture fund, announced yesterday it has invested in ThinkGrid, a UK headquartered global cloud company which defines itself as “a channel-focused vendor providing turnkey worldwide infrastructure and a control panel platform that allows IT solution providers to become cloud service providers and to offer IT services from the cloud in …
UK based cloud service ThinkGrid secures investment from Runa Capital Read More
Skolkovo Foundation, the state owned enterprise building an international innovation hub near Moscow, completed a series of roadshows in Western countries to present its projects. The first presentation, held in Vienna on September 14, focused on biomedical, energy saving technology, and IT projects. The Skolkovo delegation also discussed possible cooperation in the field of nuclear …
Skolkovo holds roadshows in Silicon Valley, Munich and Vienna Read More
“We are ready to export our e-government model to developing countries,” announced Russian minister of Communications and Mass Media Igor Shchegolev earlier this week at the ITU Telecom World 2011 forum in Geneva. “It is clear that if a developing country without significant financial means is to build [an e-government platform], it will be easier …
The Walt Disney Company and Russian media company YUTV Holding have signed an agreement to establish a national channel in Russia using the Disney brand. As part of the deal, Disney will acquire a 49% stake in the channel 7, owned by YUTV, which will then be rebranded as Disney Channel. The latter will be …
