Press releases Category: Press releases

Mail.ru Group

Final audited IFRS results for FY 2011 and preliminary revenue update for Q1 2012

Dubai – Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today releases its annual report for 2011 and provides the following final audited segment financial information for the year ended 31 December 2011 and an update on the preliminary unaudited segment revenues for Q1 2012.

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Yandex

Yandex launches search tool for LHC events at CERN

Moscow – Yandex (YNDX), Russia’s leading search engine, has announced the launch of a search tool service for retrieving Large Hadron Collider (LHC) Events at CERN, the European Organization for Nuclear Research. A search tool custom-built by Yandex has been tested for one of four big particle detector experiments at CERN’s Large Hadron Collider, the world’s largest particle accelerator.

Yandex’s search service has been designed specifically for the Large Hadron Collider beauty experiment (LHCb) studying the interactions of b-hadrons, heavy particles containing the bottom quark, also known as the beauty quark.

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i-Free

i-Free halts funding to the start-up that created mobile app Girls Around Me

St. Petersburg – i-Free reports that its venture foundation subdivision i-Free Ventures has stopped funding Places Around Me, the start-up that created the mobile application Girls Around Me.

i-Free decided to stop funding Places Around Me because of the negative reaction its mobile application Girls Around Me has recently provoked among potential users.

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Farminers

Farminers partners with RocketSpace to bring Russian tech startups to the United States

Moscow, Russia / San Francisco, California – Farminers, a Russia-based technology incubator backed by In-Mobile Investments, is bringing the members of its 2012 Startup Academy for technology startups to San Francisco’s RocketSpace to prepare for launch in the United States.

Chosen from thousands of Russian tech startups that applied to the Farminers Startup Academy, these companies are the leaders in Russian consumer-tech innovation. The principals of these companies will be immersed in the multi-cultural, entrepreneurial and highly innovative atmosphere of RocketSpace, a “techcelerator” whose alumni include Zappos, Uber and PocketGems.

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US Department of State

U.S. and Russia kick off new innovation working group in Silicon Valley

Washington DC – The Innovation Working Group of the U.S.-Russia Bilateral Presidential Commission will hold its first meeting at the headquarters of Cisco, in San Jose, California, on March 27. Co-chaired by U.S. Undersecretary of State for Economic Growth, Energy and the Environment Robert Hormats and Russian Presidential Advisor Arkady Dvorkovich, the group will address cooperation on innovation centers, the legal framework for innovation, and commercialization of innovative technologies.

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Yandex

Yandex implements real-time bidding technology

Moscow – Yandex (NASDAQ: YNDX) today announced that it has released a new advertising model, Real-Time Bidding (RTB), for testing by the public. The RTB technology gives advertisers an opportunity to enjoy all the benefits of the bid-based model now implemented by Yandex in display advertising.

Real-Time Bidding is an auction-based system for selling and buying ad impressions. Instead of advertisers directly bidding for impressions, the bidders are advertising systems fighting for the right to serve ads from their advertisers.

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Mail.ru Group

Mail.Ru Group: Preliminary trading statement for fiscal year 2011

Dubai – Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information for the second half and full year ended 31 December 2011.

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Yandex

Yandex announces fourth quarter and full-year 2011 financial results

Moscow and The Hague – Yandex (NASDAQ: YNDX), the leading internet company in Russia operating the country’s most popular search engine and most visited website, today announced its financial results for the fourth quarter and the full year ended December 31, 2011.

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Displair

DisplAir offers investors an opportunity to take part in its seed stage round of financing

Moscow – DisplAir, the award-winning airborne display maker, offers investors an opportunity to take part in its seed stage round of financing.

DisplAir’s technology offers a categorical breakthrough in static and animated 2D and 3D image display with implications far beyond any image and screen technologies currently available. The DisplAir ‘air screen,’ which consists of vapor microparticles, can be seen, heard, smelled and touched. DisplAir shows potential for use in advertising, entertainment, education, and medicine, as well as in the global consumer electronics industry.

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Ecwid

Ecwid to provide e-commerce drag-and-drop solution to US website builder Yola

Mountain View, CA – Ecwid, Inc., producer of the world’s first platform-neutral, drop-in store builder widget, announces a partnership with website builder Yola to provide its e-commerce solution to Yola’s customers.

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