News

Satellite phone operators Iridium and Thuraya come back to Russia

May 17, 2012

Iridium Communications, the global satellite communications company, expects to commence operations soon in Russia, after technical tests are completed and acceptance certificate received from the Russian authorities. “Our interconnect in Russia is built and 95 percent complete, and we’ll soon be pleased to announce our new start in Russia,” Corporate Communications Director Liz DeCastro told East-West …

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Government-sponsored cloud platform offers software, infrastructure and development solutions

May 16, 2012

Rostelecom, the state-owned telecom operator, has completed phase one of “Project 07,” the national cloud computing platform to be fully put together by 2015 as part of the federal Information Society program. The platform, launched in beta version in March under the o7.com domain name, offers cloud-based software, infrastructure and development platform services (SaaS, IaaS …

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Qualcomm could invest “hundreds of millions of dollars” in Russian tech companies

May 15, 2012

Qualcomm, a leading US-based international provider of wireless technology and services – with a particular emphasis on chipsets for smartphones – is ready to invest “hundreds of millions of dollars” in Russian tech companies, Senior VP Anastassia Lauterbach told the Russian business daily Kommersant. According to its strategic plan adopted in late 2011, Qualcomm will …

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Dating site Flirtic.com launches in Russia

May 15, 2012

Flirtic.com, a dating and matchmaking site that began operating in early 2011, chose Russia as its first step to international expansion beyond its native Estonian market. A beta version of the service is being launched this week to serve  users in Moscow, but Flirtic.com has plans to cover St Petersburg, Kiev, and other Russian-speaking cities …

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Fast Lane launches online commercial real estate service

May 14, 2012

Fast Lane Ventures, the Moscow-based serial startup developer, has launched an online service called Kommerstate.ru to help commercial real estate market players lease, purchase and sell properties. Started last week, the site is the first of its kind in Russia, according to Fast Lane, and is more than a property database: it “converts a user …

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Rocket Internet receives $200 million from Russian-American billionaire Len Blavatnik

May 11, 2012

Rocket Internet, the Samwer brothers’ famous Berlin incubator, has received a $200 million investment from Access Industries, a US based industrial holding owned by Russian-American billionaire Leonard Blavatnik. The news was reported earlier this week by Berlin-based tech blog VentureVillage.com, which cited unnamed industry sources. The amount has placed Access Industries second behind Swedish investment …

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Russian fund to invest €20 million in French startups as Russian-French tech ties grow

May 9, 2012

The Russian high tech fund New Generation Investment (NGI) announced last week that it will launch a €20 million division dedicated to French startups, the French business daily Les Echos reported. “We are focusing on telecoms, web technolgies and tech-oriented media,” said NGI shareholder Leonid Reiman. France will serve as a testing ground for one …

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Pinterest.com considers Russian-language version – as local copycat reaches 250,000 members

May 7, 2012

Pinterest.com, the much-hyped social network that defines itself as “an online pinboard,” announced last week its first steps in translating its service into other languages, starting with French, German, Japanese, Portuguese, and Spanish. Pinterest is also pondering other languages, including Russian – which is mentioned between Malay and Swedish on the site’s second priority list. …

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Russian company offers “breakthrough” in 3D face recognition technologies

May 7, 2012

Last week, the Russian high tech company Vocord introduced a new 3D face recognition and identification system that can be used in any public place. The system, which Vocord has presented as a technological breakthrough, takes pictures from different angles to build a 3D model of the face. This ‘non-cooperative’ approach does not require the …

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Skolkovo to develop cooperation with China and Japan

May 5, 2012

Skolkovo, the state-sponsored innovation hub nearing completion outside of Moscow, is seeking to extend its cooperation with China. Opportunities for cooperation were discussed last week at the Sino-Russian Trade and Investment Forum by China’s Vice-Premier Li Keqiang and Viktor Vekselberg, President of the Skolkovo Foundation. Various leading Russian and Chinese businessmen were also in attendence …

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Megafon and Yota consider merger

May 3, 2012

Last week, the Russian business daily Vedomosti reported that the Federal Antimonopoly Service (FAS) received a joint request from mobile operator Megafon and WiMAx operator Scartel, which operates under the Yota brand, to authorize a merger. Head of FAS Igor Artemyev stated that the merger could be authorized under the condition that Scartel makes its LTE …

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