According to a report released last week by Morgan Stanley, Russian mobile and web users are increasingly favoring Google over local search engine Yandex. Referring to polls taken between 2012 and 2014, Morgan Stanley analysts assert that the US search engine overtook Yandex in popularity in 2014. In December, according to the surveys, there were …
In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment. But when a Russian cybersecurity …
Bank hackers steal millions via malware, reports Kaspersky Lab Read More »
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 …
Yota clinches contract to sell its smartphone in China Read More »
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 …
Russia to pay local devs to migrate apps to Tizen, Sailfish Read More »
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 …
Google’s Startup Launch Program extended to Russia Read More »
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, …
Austria’s S&T AG announces major Russian investment plan Read More »
Popular music streaming service Spotify has canceled plans to open offices and launch their service in Russia, just one year after registering a subsidiary in Russia. Spotify reportedly last year hired Alexander Kubaneishvili, a former Google executive, to head their Russian business and were already in negotiations with local mobile operators.
Preply, a platform to find foreign language tutors for home or Skype lessons, has just entered the Polish market with a localized version of its website. Launched in 2012 by Kirill Bigai, Serge Lukianov and Dmytro Voloshyn, the startup initially developed across the Ukrainian, Russian, Belarussian and Kazakhstani markets.
Groupon, which began operating in Russia in 2010, has asserted itself since then as a leader in the Russian coupon sales market. The site has also developed a cross-border business, selling virtually anything from smartphones to tableware and cappuccinators to Russian consumers. Erik Bosgoed, head of logistics at Groupon International GMBH Switserland, explained to East-West …
The Russia’s government has signed an anti-crisis plan to restructure the economy in part through innovations, Deputy Prime Minister Arkady Dvorkovich told a meeting of regional officials on Wednesday. Russian news agency TASS reported that plan will require 1.375 trillion rubles (approximately $20 billion at the current exchange rate), including budget expenditures, state guarantees and …