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 …
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 …
Qualcomm could invest “hundreds of millions of dollars” in Russian tech companies Read More
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 …
Russia’s e-book market has been growing at a robust CAGR of 120% over the past three years, swelling from 11 million rubles (just under $370,000) in 2008 to 135 million rubles ($4.5 million) in 2011, Russia’s Federal Press and Mass Communication Agency reports in its overview of the national book market’s progress and trends for …
E-books now 5% of market, but pirates still dominate Read More
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 …
Fast Lane launches online commercial real estate service Read More
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 …
Rocket Internet receives $200 million from Russian-American billionaire Len Blavatnik Read More
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 …
Russian fund to invest €20 million in French startups as Russian-French tech ties grow Read More
After six years with BCG in Russia, Europe and India, Maëlle Gavet joined Ozon.ru in early 2010 as Marketing and CRM Director. She was appointed CEO in 2011, a year that came as a tipping point for this major online retailer, with a $100 million round of financing in September and, by the year’s end, …
For the first time ever, all three major Russian mobile operators lost subscribers in early 2012, according to a report from AC&M Consulting, a Russian management consulting and research agency specializing in telecommunications and media. Vimpelcom, MTS and Megafon saw their active subscriber bases – defined on a six- or three-month basis – shrink by …
Mobile penetration rate over 150% in Russia, market close to saturation Read More
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. …
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 …
Russian company offers “breakthrough” in 3D face recognition technologies Read More
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 …
Skolkovo to develop cooperation with China and Japan Read More
