The head of Russia’s biggest bank, Sberbank, has named online giants such as Google and Yandex as the ”key threats” to the company. Sberbank CEO German Gref warned that traditional banks are set to lose out as increasing amounts of money are being transferred online through services such as Facebook and Yandex Money. “The problem …
Google and Yandex are ”key threats” to banks, says Sberbank’s CEO Read More
In July Alphabet, the holding company that controls Google, suspended placement of contextual ads for 60-day loans in the AdWords advertising service. The announcement of this decision in May caused a storm of protest in the financial community in the USA. Commenting on the ban, the search engine refers to some research which shows that …
Short-term loans: The limits of Google’s global search monopoly Read More
Sales of the long-awaited iPhone 7 and iPhone 7 Plus smartphones officially start in Russia today, Sept. 23. New Apple smartphones will be on sale in retail networks of Russian cellphone operators (MTS, Megafon and Vimpelcom) as well as networks of large Russian retailers of electronics and home appliances. Apple presented iPhone 7 smartphone in San …
Iran’s Islamic Azad University will open next year an R&D center at Skolkovo, the international tech hub under completion on the outskirts of Moscow. The two sides agreed at the International Association of Science Parks and Areas of Innovation (IASP) conference, which took place earlier this week in Moscow. The partnership encompasses several technology fields, including energy, oil …
Iran’s Azad University to set up R&D center at Skolkovo Read More
As the Russian e-commerce market keeps growing in spite of the economic crisis, Lamoda.ru, a major online fashion retailer operating in Russia Ukraine and Kazakhstan, saw its net revenues grow to €125.6 million in the first half of this year — up 41.1% on a constant currency basis (or 15.4% in euros) from H1 2015. These figures were disclosed in …
Lamoda.ru increases revenues, reduces losses in H1 2016 Read More
Sistema, a Russian, LSE-listed conglomerate, and Rusnano, the state-owned nanotech giant, are launching a joint fund to support high tech projects. The new fund will focus on seed, growth and expansion stage high technology projects in Russia and neighboring countries, Europe and Israel with a focus on microelectronics, energy efficiency, robotics, IT and telecom, in particular. …
Rusnano and Sistema join forces to invest up to $100 million in Russia, Europe and Israel Read More
State censors in Russia cut off access yesterday to the world’s biggest pornography website, Pornhub. The website appeared on the list of websites banned by the government agency Roskomnadzor on Tuesday, Sept. 13. A Russian court will rule whether the ban will remain in place at a later date. A Russian Internet without the Web’s …
Russian telecom regulator blocks access to Pornhub Read More
Global Venture Alliance (GVA), a Moscow-headquartered provider of business services, training programs and seed funding for startups, has teamed up with the Society for Innovation and Entrepreneurship (SINE), a major tech business incubator based in Mumbai, to launch the ‘India-Russia Bridge for Innovations’ (IRBI). As reported by BW Disrupt, an Indian online publication, the IRBI program enjoys the financial …
Russian hackers — possibly the same group that compromised the Democratic National Committee’s computer servers two months ago — have made top American athletes their latest target. Joining an intercontinental dispute over sports doping, the hackers penetrated the World Anti-Doping Agency’s athlete database and publicly revealed private medical information about three of the United States’ …
Russian hackers leak US star athletes’ medical information Read More
In an exclusive with Russia Beyond The Headlines, Yann LeCun, the Director of AI Research at Facebook, said that the Neural Nets and Deep Learning Lab at the Moscow Institute of Physics and Technology (MIPT, also known as PhysTech), together with 14 research centers from around the world, will join forces in a global research program launched by the Facebook Artificial Intelligence Partnership …
Russian university joins Facebook’s artificial intelligence project Read More
Which countries have the best programmers in the world? HackerRank, a platform that ranks engineers based on their coding skills and helps companies discover talent faster, has tried to answer this question based on coding challenges. Attracting hundreds of thousands of developers from all over the world, these challenges involved a variety of languages and knowledge domains, …
Just one week after the US Treasury Department imposed new sanctions on 37 Russian companies and individuals, including subsidiaries of Gazprom and Bank of Moscow, additional measures were announced this Tuesday by the Department of Commerce, affecting 11 Russian electronics companies. This new blacklist include three entities of the Angstrem group, a major manufacturer of integrated circuits; NPC Granat; Research and …
New US sanctions target Russian electronics companies Read More
