Mosventure, a fund owned by the Moscow city administration and focused on small and medium sized scientific and technical projects, plans to support up to 70 projects before the end of the year. These plans were announced last week by the fund’s executive director Alexey Kostrov in an interview with Russian news agency RIA Novosti.
Two weeks after Foursquare made available a Russian version of its service – along with versions in Bahasa Indonesian, Korean, Portuguese, and Thai – a powerful Russian media group, RBC, announced it has invested $1 million in Ogorod.ru, one of the two best-known local services inspired by the Foursquare concept.
The website of the Russian Embassy in London was knocked offline on Sunday by UK-based protestors objecting to a visit to Russia by the British prime minister, David Cameron. The Russian Embassy site was brought down by a distributed denial of service (DDoS) attack in protest at the first trip to Russia by a British leader …
MJ Group, a newly formed Vietnamese Internet player, announced last Friday it raised $60 million from national fund IDG Ventures as well as from Rebate Networks, a German investment company, and Ru-Net, a major Russian fund. MJ Group is the result of a merger of four local Vietnamese Internet companies – e-commerce site Nhommua, location …
Germany’s Rebate Networks and Russia’s Ru-Net invest heavily in Vietnamese e-commerce Read More
Moscow based Group-IB, a provider of cybercrime investigative and forensic services, announced last week that it has opened its first overseas office in New York. The new office will be responsible for company’s expansion into the North American market.
The seed fund of the Russian Venture Company, a state owned venture vehicle dedicated to innovation with 2 billion rubles, or $65 million, in charter capital, announced yesterday it has approved investment proposals from eight projects, including two from the IT sector.
Russia has invited China to participate in a project to build a satellite system for Ka band high-speed Internet access. The offer of cooperation was announced by Deputy Minister Naum Marder during a joint Russian-Chinese meeting on communications and information technologies held in Nizhny Novgorod in late August.
Representatives of 15 Korean venture funds, including KDB Capital, STIC Investments Inc. and L&S Venture Capital, visited Moscow last week intending to invest up to $10 million each in local IT companies.
Samsung is presenting its “flagship 4-inch chic smartphone,” the Wave 3, along with other new models, at IFA 2011, a global trade show for consumer electronics that begins today in Berlin. Samsung seems to be the first major international handset manufacturer to offer a mobile phone with a GLONASS+GPS supported satellite location system. But the …
Samsung discreetly introduces GLONASS supported navigation Read More
US Foursquare announced yesterday it launched localized versions of its social geolocation service in Bahasa Indonesian, Korean, Portuguese, Russian, and Thai. The new versions have been made available through the company’s iPhone, Android, and BlackBerry applications as well as through its web interface. The Russian press also reported rumors that Foursquare is considering hiring a country …
Foursquare launches versions in Russian and four other languages Read More
The ICT Group – one of Russia’s largest privately owned investment and industrial companies – announced last Monday its new status as the largest shareholder in Italian Wi-Max operator ARIA S.p.A., with a 28.6% stake.
TMT Investment announced last week it will invest $1 million in a 20% stake in Berryman Capital Group (BCG), a developer of online games for social networks. TMT Investment is an international investment company based in Jersey and run by Russian businessmen focused on technology and media investment. The deal, which includes other conditions for BCG …
