Android app tracks down and embarrasses Moscow’s worst parking offenders

June 29, 2012

While Moscow streets and sidewalks are crippled by haphazardly and illegally parked automobiles, an online city magazine, The-Village.ru, has launched a sophisticated e-campaign to identify and shame the offenders. Using a free Android application named ‘Parking Douche,’ smartphone users can take a picture of the culprit. The app then uses the user’s IP address, taps …

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NTV-Plus talks strategy

June 28, 2012

The Russian DTH Platform NTV-Plus is definitely interested in multiscreen and at some point will merge all its services into one system, according to Lev Petukhov, head of web projects development and maintenance department. Speaking in a panel entitled Delivering Advanced Services: HD, 3D, VOD and DVR, he added that the company is still quite …

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i-Free Innovations’ Everfriends artificial intelligence technology wins prestigious award

April 14, 2017

St. Petersburg, Russia – i-Free Innovations, a Russian mobile applications and games developer and publisher, today announced that Artificial Intelligence (AI) technology developed by a team led by engineer Vladimir Veselov, in cooperation with i-Free Innovations for its Everfriends Android-based virtual mobile assistant, has won the prestigious Turing100 “AI Machines Competition” held in Bletchley Park, …

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New startup accelerator GTI Labs launched in Moscow

June 28, 2012

Moscow-based investment consulting company Global TechInnovations and investment fund Prostor Capital have announced the launch of GTI Labs, a new acceleration program for IT start-ups. GTI Labs describes itself as a sort of “investment lift” in which representatives of venture funds are part of the project selection process. The fund will assess KPIs of selected …

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Nokia ditches its Russian single-brand retail network, bets on online sales

June 28, 2012

Nokia has scrapped its plans for a single-brand retail presence in Russia and will close all of 50 of its existing Russian stores in the near future, reports RIA Novosti, citing an exchange with Nokia Vice President Erik Bertman, head of Nokia Eurasia. As of yet, there’s no official confirmation of the news on Nokia’s …

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Russian software exports could grow to $5 billion in 2012

June 27, 2012

The export volume of Russian software reached $4 billion in 2011 and could grow by 25% this year, said Valentin Makarov, the president of the industry association Russoft, at the St. Petersburg International Economic forum last week. However, the lion’s share of software sales came from major companies, with just a few new players appearing …

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Mamas&Papas e-caters to Russian moms and babies

June 27, 2012

Mamas&Papas, a UK-based retailer for babies and expectant mothers, has joined with Russia’s Ideas4Retail in a Russian e-store project, the company’s Russian partner announced last week. Mamas&Papas’ single-brand online outlet will offer 12 categories of goods and more than 3,500 items, including clothing for babies and pregnant women, buggies, wheelers, carrycots, pushchairs, bath essentials, furniture, …

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Yandex sharpens knives for international expansion, still seeking audience outside Russia

June 26, 2012

Yandex’s international ambitions, which began to surface publicly half a year ago, found new illustrations last week in informal statements made by the company’s CEO at the St. Petersburg International Economic Forum. “Our technical team has successfully tested technologies that will allow us to index several tens of billions of pages,” said Arkady Volozh, who …

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Internet investment triples in just 12 months, but market still lacks transparency

June 26, 2012

The last two years have shown a significant increase in venture capitalists’ interest in the Russian Internet, says a report released yesterday by Fast Lane Ventures, a major player in the field. Fast Lane identified no fewer than 215 venture deals in 2011, up from 59 during the previous year. The total investment volume during …

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Oleg Tinkov teams with Goldman Sachs to invest in online advertising and mobile

June 26, 2012

Russian businessman Oleg Tinkov last week announced the launch of Tinkoff Digital, an Internet company that will develop new technologies and products for the online and mobile advertising markets. Goldman Sachs will join Tinkov as a co-investor and shareholder in the business at an undisclosed share split. Tinkov and Goldman Sachs will initially invest approximately …

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