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Yota clinches contract to sell its smartphone in China

The Russian manufacturer of smartphones Yota Devices has found a partner to enter the Chinese market, as reported by Russian business daily Kommersant. The new partner, Potevio, is one of the largest local distributors of mobile electronics. Over the next 18 months, Yota Devices expects to supply some 1 million units of its YotaPhone 2 …

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Russia to pay local devs to migrate apps to Tizen, Sailfish

The U.S. mobile ecosystem duopoly has been the big story of tech for the past six-plus years. And continues to be mobile’s unshakeable reality — with Android and iOS collectively cutting themselves a 96 per cent share of the device market (per Gartner figures for Q3 2014). Not everyone is happy about this lack of geopolitical diversity in the …

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Two Russian women electrocuted after using iPhone 4 in bathroom

A 24-year-old woman has died in Moscow after reportedly being electrocuted by a smartphone charger after her iPhone 4 fell into the bathtub. Yevgenia Sviridenko, originally from Omsk, was discovered by her flatmate as she lay floating in the bathtub on Monday evening, the Komsomolskaya Pravda newspaper reported Tuesday. The flatmate, who was not identified in the report, said she had become concerned by how much time Sviridenko …

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Google’s Startup Launch Program extended to Russia

Google plans to launch its Google Startup Launch program in Russia, reported Russian tech blog Firrma.ru. This international program is not time-limited and is focused on startups in the early stages of development. Startups that end up in Google Startup Launch will participate in technological, product and marketing training seminars. In addition, they will receive support from specially selected …

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Russian online education platform Netology secures third funding round in a year

Netology Group, a major Russian online education platform, announced last week that it raised $2.1 million from Buran Venture Capital and InVenture Partners. This round is Netology’s third one in less than one year, following a Series A round with InVenture Partners in April 2014 and a $1.1million capital injection from the same fund in September.

IXcellerate appoints Roman Linin as CFO

Moscow – IXcellerate, Russia’s premier carrier-neutral data centre operator, is pleased to announce the appointment of Roman Linin as Chief Financial Officer, joining COO Dmitry Fokin and CEO Guy Willner. Roman brings about invaluable business experience in management, finance and accounting. Before joining IXcellerate Roman held a position of Investment Director in the Elbrus Capital, a private equity fund, responsible …

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Yandex launches parking app in Moscow

Moscow and Amsterdam – Yandex (NASDAQ: YNDX) has released a new app that helps drivers in Moscow find a parking space and pay for the service without leaving their car. With the Yandex.Parking app, there is no need to drive the streets to find a parking spot or even leave your car to pay for it. The …

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Yandex purchases software tool for taxis

Yandex is purchasing Ros.Taxi, a software program for the management of taxis. It allows taxi businesses to take orders, coordinate and lead the work of drivers. Included within the Ros.Taxi brand is a mobile application called Taximeter, which determines the cost of a journey and provides drivers communication with dispatchers. Together with Yandex.Taxi – an …

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Austria’s S&T AG announces major Russian investment plan

The board of directors of Austrian IT-provider S&T AG has approved an investment plan which will see it pump tens of millions of euros into Russian companies in 2015. The plan was announced by S&T Vice-President Alexander Malshakov, responsible for the company’s business in Eastern Europe. S&T AG plans to buy several Russian IT companies, …

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Russian advertising market to slowdown in 2015, but online remains a growth area

As the Russian economy braces itself for a recession in 2015, belt-tightening measures by Russian businesses are set to include significant advertising budget cuts. In a much more result- and value-oriented advertising environment, companies will look more to online and contextual models, rather than traditional mediums such as TV. According to a report by Goldman …

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