How Russian game developers have been hit by the shockwave of war

Russia’s war on Ukraine and the subsequent western sanctions seem to have put the once-thriving Russian and Belarusian gaming industries in serious trouble. It took just weeks to Wargaming, the Belarusian-born, Cyprus-headquartered developer of World of Tanks and World of Warships, to react to the events. In early April, the company announced its decision to “leave Belarus and …

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Cisco announces wind-down of operations in Russia, Belarus

US telecoms equipment maker Cisco will end operations in Russia and Belarus in response to the war in Ukraine, the company told Reuters on Thursday. The company had initially suspended its operations in Russia, including sales and services, in March after the Kremlin ordered troops into neighboring Ukraine.  Hundreds of foreign businesses have exited Russia …

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Yandex publishes YaLM 100B, the largest GPT-like neural network in open source

Yandex has published YaLM 100B, a bilingual neural network for generating and processing text. It’s the largest GPT-like model in the public domain. It can be used freely by developers and researchers from all over the world. YaLM 100B contains 100 billion parameters, more than any GPT-like model available in open-source under a license that …

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Microsoft blocks installation of Windows OS in Russia

Microsoft has blocked the installation of the Windows 10 and 11 operating systems in Russia from its official website, Russian users and media reported.  Attempts to download the software resulted in a 404 error message, or diverted to a Microsoft Support contact page. Russian users using a VPN can still disguise their computer’s location and thus …

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Russia’s Rostec develops blockchain system as “real alternative” to SWIFT

Earlier this month Rostec, a state corporation that comprises more than 700 enterprises in the fields of defense and technology, announced they have developed a blockchain platform to provide a “real alternative to SWIFT in international settlements.” Russian banks were excluded from the SWIFT system last February as part of the sanctions imposed by Western countries in response …

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How this Moscow-based VC investor navigates uncertainty in times of war

Sergey Dashkov, who has had a start in business as the exclusive partner of Ahmad Tea in Russia, rose to become one of the most engaged early-stage investors in the Russian venture capital space. Describing his investment thesis as industry-agnostic, most of Dashkov’s portfolio right now consists of companies operating outside of Russia.  “We love …

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Russian court fines Google $260,000 for breaching data rules

A Moscow court on Thursday said it had fined Alphabet’s Google 15 million roubles ($260,000) for repeatedly failing to comply with a Russian law requiring technology companies to localise user data. Russia has issued multiple fines to foreign technology companies in recent years over a range of infringements, in what critics say is Moscow’s attempt …

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VK Company and Vladimir Potanin eye Avito as Naspers seeks to sell Russian digital assets

VK Company, a Kremlin-controlled Russian Internet giant, is seeking to acquire the leading local classifieds platform Avito, which is owned by Naspers affiliate Prosus.  Prosus could also sell its 25.7% stake in VK Company, reported the Russian media  citing Bloomberg. Russian oligarch Vladimir Potanin is also regarded as a potential acquirer of Avito, according to the …

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Russia is taking over the Internet in Ukraine’s occupied territories

Webpages in the city of Kherson in south Ukraine stopped loading on people’s devices at 2:43 pm on May 30. For the next 59 minutes, anyone connecting to the internet with KhersonTelecom, known locally as SkyNet, couldn’t call loved ones, find out the latest news, or upload images to Instagram. They were stuck in a …

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Why Russia’s giant cyber attack on Ukraine on Feb. 24 had relatively little impact

The Kremlin-backed cyberattack against satellite communications provider Viasat, which happened on Feb. 24 an hour before Russia invaded Ukraine, was “one of the biggest cyber events that we have seen, perhaps ever, and certainly in warfare,” according to Dmitri Alperovitch, a co-founder and former CTO of CrowdStrike and chair of security-centric think tank Silverado Policy …

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FT: Deutsche Bank moves hundreds of IT workers from Russia to Germany

Deutsche Bank has relocated hundreds of its Russia-based IT specialists to Germany following the Russian invasion of Ukraine, the Financial Times reported Tuesday.  The Frankfurt-headquartered bank has relocated approximately half of its 1,500 highly skilled software developers based in Moscow and St. Petersburg as well as their families in the past three months, citing difficulties brought about …

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