Russia’s intelligence service, FSB, announced last week it will spend 10 million rubles (approximately $350,000) to create software that can identify similar objects or people within images and videos. The project is designed to help recognize potentially dangerous people, objects, and situations in real time.
Intel and Nizhny Novgorod University launched a training center for Intel software support this week. The center will broaden the scope of the university programs and ensure the certification of personnel, particularly in the areas of parallelism, high performance computing and mobile applications, Telecom Daily reported.
Softline Venture Partners and Ecwid have launched Magazinga, a new joint project that represents “an entirely new approach to promoting goods and services through social networks,” claim its creators. Magazinga provides merchants with ready-made e-shops as well as access to its own marketplace of products intended for social network users.
Svyaznoy, Russia’s second largest mobile retailer, has just launched a mobile advertising campaign using the geotargeting capacities of AlterGeo, a Russian startup inspired by the real time interactive map and navigation of Foursquare. The campaign promotes Samsung’s new Galaxy Gio handset among AlterGeo users who come within the vicinity of a number of Svyaznoy’s physical …
Mobile retailer experiments with geotargeted mobile advertisement Read More
MTS and Sitronics have entered into a three-year contract with Oracle to purchase and integrate Oracle licenses into all the companies of the MTS group, Russian business daily Vedomosti reported this Tuesday. Sitronics will maintain the purchased software.
As announced earlier this month by Communications and Mass Media minister Ilya Massukh, 29 billion rubles (approximately $1 billion) has been slated for IT modernization of the Russian public health service in 2011 and 2012.
MTS, a leading Russian mobile operator, intends to purchase Bashkortostan’s telecom operator Ufanet, Russian business daily Kommersant reports. In the fall of 2010 Megafon wanted to buy Ufanet but in the last moment changed decision because of the price of $170-$180 million.
State-owned fund of funds Russian Venture Company (RVC) participated indirectly in a round of financing, announced last week, for Sugar Inc., a global media company for women. The investment was made through Russian Venture Capital II LP, a fully owned subsidiary of RVC that registered in the UK in June 2010. A few months later, the …
Russian state-owned fund participates in Sugar Inc. round of financing Read More
MTS, the leading Russian mobile operator based on number of subscribers (71.4 million in 2010), won a tender for GSM frequencies in the Penza region, the last remaining region it had yet to penetrate. Until now, MegaFon was alone in operating GSM networks in all of Russia’s 83 regions.
Megafon, a major Russian mobile operator, is considering purchasing St. Petersburg Internet provider Web Plus, Russian business daily Kommersant reports. The deal price has yet to be disclosed, but, according to experts, the price will be “symbolic”, since Web Plus is a loss-making firm with $4 million debt, the newspaper said. The seller is Telecominvest.
Adobe Systems has won a civil suit against Sergey Mikirtumov, who has been ordered to pay the company 7,440,000 rubles (approximately $262,000) for selling and distributing pirated software. The damages award is the largest to be granted to Adobe in Russia, said Natalya Kalinina, a legal assistant for the firm that represented Adobe in the …
Adobe awarded 7.4 million rubles in copyright violation case Read More
Moscow city authorities have budgeted up to 6.26 billion rubles (approx. $222 million) this year for the creation of an intelligent transportation system that improves traffic management.
