The Russian government has been accused of orchestrating a hack that leaked some 20,000 U.S. Democratic National Committee (DNC) emails, after which the DNC Chairwoman resigned. The Hillary Clinton campaign chairman, Robby Mook, told reporters Sunday that “some experts” are saying that “this was done by the Russians for the purpose of helping Donald Trump.” …
Is Russia meddling in the US presidential election? Read More
Showing an irrepressible appetite for food delivery startups, Target Global, an international venture fund with Russian backers, has just announced its participation in two new investment deals in this field. As reported by Russian business daily Vedomosti, the fund has led a $1 million funding round for Foodfox.ru. Also participating in the round were several individual investors, including …
Target Global invests in food delivery startups in Russia and globally Read More
VKontakte (VK), Russia’s leading social network, is to introduce subscription for its music services, the Izvestia newspaper reported Wednesday. Users will still be able to listen to music on the site for free, but some paid functions will appear at the start of 2017. “Users will still be able to listen to audio recordings for free …
Last week Private Internet Access (PIA), a VPN provider based in California, announced that it was suspending all operations in Russia following server seizure by the Russian authorities and due to an ever-more restrictive legal environment. Under a controversial “anti-terrorist” legislation signed by President Putin in early July, Internet and telecom players will soon be required to store the content and the …
This summer Startup Hub Poland, a major innovation hub for Central and Eastern Europe, will help the most interesting scientific and business projects from the region develop and increase their investment chances in the near future. Russian startups are cordially invited to take part in this free acceleration program next month in Startup Hub Warsaw. In partnership with such …
Bridging the gap between academia and industry to turn the ideas of the country’s brightest minds into successful commercial projects is one of the challenges struggled with by innovations institutions all over the world. To find out more about the Dutch approach to this mission, the Skolkovo Foundation recently hosted a roundtable for representatives of …
From lab to market: Dutch, Russian innovators talk commercialisation Read More
Rostec, a major government-backed tech corporation, is in advanced discussions with the Syrian government to supply e-government systems to this war-torn country. In statments made in an industry event last month, Rostec’s head Sergey Chemezov reminded that Rostec — via its new subsidiary Rosinformexport — had already made a similar contract with the Kyrgyz government. Rostec claims that its technology …
Russia exports e-government systems to Kyrgyzia and Syria Read More
Yesterday Oleg Fomichev, Russia’s Deputy Minister for Economic Development, stated that the data storage infrastructure needed to implement Russia’s new “anti-terrorist” legislation does not exist currently. “This kind of equipment doesn’t exist anywhere in the world in such a quantity at the moment,” the Interfax news agency quoted his as saying, as reported by The Moscow Times. It …
Findo, an artificial intelligence (A.I.) startup that’s setting out to help people find information buried in documents, files, email attachments, and more, has announced a $3 million funding round from Flint Capital, a fund with Russian roots, with an additional $1 million expected from a handful of “well-known” Silicon Valley angel investors. The news comes …
Private Internet Access (PIA), a US-based VPN provider whose users may anonymously visit webpages and bypass site blockings, has announced that has discontinued its Russian gateways and will no longer be doing business in the region. PIA seems to be the first international player to stop activities in the country after the adoption of Russia’s latest “anti-terrorist” legislation. Under this …
In late June, a delegation of high-flying Chinese Internet entrepreneurs visited Skolkovo, the international tech hub under completion on the outskirts of Moscow, as part of a fact-finding mission to the Russian capital. Their visit followed the signature of a raft of energy deals by Russian President Vladimir Putin and his Chinese counterpart Xi Jinping in Beijing. …
Chinese tech businessmen visit Russia’s Skolkovo and leading Internet companies Read More
SBT Venture Capital, the venture arm of Russian state-controlled savings bank Sberbank, appears to be among the participants in Uber’s latest equity funding round. Led by Saudi Arabia’s Public Investment Fund, this $3.5 billion deal took place this spring, valuing the US startup at $62.5 billion. SBT’s participation was revealed by BNE Intellinews, an online …
Russia’s Sberbank participated in Uber’s latest equity round Read More
