Moscow’s MICEX stock exchange has just begun publishing the ‘MICEX Innov,’ an innovation index which MICEX president Ruben Agangegyan represented as “The beginning of a conscious life of innovation and investment in Russia.” A company’s shares can be included in the new index if it floats no less than 10% of its shares and has …
Russian innovation starts “conscious life” on Moscow stock exchange Read More
Evernote, a California-headquatered company founded by a Russian-American team in 2007, announced yesterday it has raised a new, $50 million round of funding led by Sequoia Capital, with participation from Morgenthaler Ventures.
Web Sheriff Ltd., a London-based company protecting online rights against infringements, announced last week it “fired the first shots in an international legal battle against an alleged Russian imposter” – namely Iks Media Digital, a Moscow-based company offering similar services to the Russian market under the same trademark.
When I was a kid, my grandfather told me a story about the potato riots during the time of Peter the Great. Basically, the reformer Tsar had been abroad and tried to provide a solution to the frequent famines throughout the country by the compulsory cultivation of the potato as an alternative to other low …
Russia vs. modernization: the potato riots of innovation culture Read More
Leading Russian mobile operator MTS recently signed cooperation agreements with several major producers of TV sets, including Panasonic, Philips and Samsung, to deliver content from Omlet.ru, an MTS subsidiary, to their TV sets. The news was reported last week by Russian newspaper RBC Daily from unnamed sources.
Cut the Rope, a game developed by Russian firm ZeptoLab, topped the paid applications section of Android Market, the application store for Android-supported devices, just one week after its launch on July 1.
On a visit from the UK to attend Green IT, Russia’s first ever greentech event which took place yesterday in Moscow, Sparxent CEO Ashley Leonard shared with East-West Digital News his vision of the trends for power management solutions around the world and in Russia.
A new player has emerged on the nascent Russian online alternative accommodation market. Apartator.ru launched its test version in April and its first paid functions in late June. It has just been selected as one of the 10 finalists of the European Demo Night startup contest to be held next week in San Francisco.
Ostrovok.ru, an online hotel booking service launched a year ago in Russia, announced yesterday it has raised as much as $13.6 million from leading international investors. Among them are General Catalyst Partners, AccelPartners, Founders Fund and Atomico Ventures as well as prominent business angels including Qunar founder Fritz Demopoulos, Yandex board member Esther Dyson, Zyngo founder Mark …
Three major court cases involving violation of electronic copyright came into the spotlight in Russia over the past two weeks, revealing a steady – though controversial – progress in the application of copyright related legislation in the country.
Moscow-based software developer Auriga has been named the #1 engineering service outsourcing (ESO) provider in the Black Book of Outsourcing, an annual online poll of outsourcing services available worldwide. The poll is conducted by business information provider Datamonitor.
While the Russian economic system de facto continues to rely mainly on energy resources and export, discussions about the country’s development strategy focus on alternative, innovation-driven models, in line with President Medvedev’s declared commitment to the country’s modernization.
