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Hyundai to sell tablets in Russia; cars seen as facilitator

Next month, Hyundai IT, a Chinese-based IT-focused subsidiary of Korea’s Hyundai Motors, is launching Russian sales of new Hyundai-branded tablets and has plans to localize the assembly of the tablets in Russia in the late fall, the Russian business daily Vedomosti reported last week, citing a tête-à-tête with an IT Hyundai source. Hyundai is reportedly …

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Duma adopts controversial legislation on harmful Internet content

This week, the Duma, Russia’s lower house of parliament, adopted controversial amendments to the Russian laws on telecommunications and information, with the stated intention of protecting children from online dangers ranging from pornography to “pro-suicide” and “pro-drugs” propaganda. Following a suggestion from the ‘Safe Internet League,’ a non-governmental organization formed last year, a register of …

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Award-winning social alarm service Budist.ru secures $2 million for international expansion

If you would like to be woken up tomorrow morning by a friendly stranger’s call instead of a typical alarm, this application is for you. Social alarm clock Budist.ru enables you to set up the date and time you wish to be awoken, and a volunteer will call you at that exact time. The service is …

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Three new incubators to open in Akademgorodok

The technopark of Akademgorodok will host three new incubators by the end of the year, dedicated to information technologies, biotechnologies and scientific instruments, respectively. The regional authorities also announced recently their intention to create a world-class innovation center in Akademgorodok with 16 R&D centers, in addition to the four centers already present.

Rutube gets new look, goes social

A few weeks after reshaping its user interface with a new look and logotype, the Russian video portal ‘Rutube’ has launched a major overhaul of its services. Initially a copycat of YouTube, the portal is now strongly integrating its features with social networks, offering personalized selections of videos compiled from what a user’s friends have …

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Megafon and Scartel form holding for LTE leadership

Having received the green light from the Federal Antimonopoly Service (FAS) last month, Megafon, a leading Russian mobile operator, and Scartel, the WiMAX provider switching to LTE and operating under the Yota brand, are to become part of the same holding. The news, which Russian business daily Vedomosti reported yesterday from a source close to both …

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Mobile medicine startup ‘Life Button’ raises $1 million

Knopka Zhizni (“Life Button”), a startup that has developed a mobile medical alert system for the elderly and the disabled, has raised “over 35 million rubles” (over $1 million) from Rintech.ru, a subsidiary of the diversified high tech group IT Co. Founded in November 2010 by MBA students of the Skolkovo Management School, the startup turned heads last …

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Google partners with Russian hosting solution provider Parallels to stimulate sales

Google, the US search giant, will offer AdWords vouchers of up to 2,000 rubles, or approximately $60, to any company purchasing Parallels’ solutions and having its website hosted by a Parallels partner. The offer targets small and mid-sized businesses in particular, in a bid to stimulate them to promote their products through contextual advertising. A …

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Russian government to support 13 innovation clusters with $775 million

Last month, Venture Business News reported that the Russian Ministry of Economic Development has approved a list of pilot programs for the development of innovation clusters that will receive financial support from the federal budget. Out of 94 applications, an expert group within the ministry has selected 25 projects that fell into two groups. The …

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EBRD to invest $30.5 million in Russian Internet broadband provider

The European Bank of Reconstruction and Development announced yesterday its intention to invest up to $30.5 million in Trivon AG, an internet broadband provider operating in Russia under the Virgin Connect brand. The financing will allow the company to expand the coverage of Trivon’s internet broadband services in the Russian regions through the acquisition of …

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Alcatel Lucent and Rostechnologii sign “R&D pact” to advance LTE, network and transmission technologies

Alcatel-Lucent, a Paris-headquartered global leader in mobile, fixed, IP and Optics technologies, announced last week an expansion of its partnership with Rostechnologii, a large, state-owned Russian high-tech corporation much involved in the defense industry. The two companies have signed a “research and development pact” intended to “accelerate the deployment of advanced LTE services, new network …

Alcatel Lucent and Rostechnologii sign “R&D pact” to advance LTE, network and transmission technologies Read More

Platforma HD ceases broadcasting

The Russian pre-pay DTH platform Platforma HD and its sister service Platforma DV ceased broadcasting on July 1. The company’s website gives no explanation as to why the closure took place. ComNews.ru reported that Platforma HD’s subscriber base has been transferred to leading Russian DTH platform Tricolor TV. The latter’s audience, which amounts to some 10 million …

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