International

Yandex School of Data Analysis joins CERN experiment

Earlier this week Yandex, the Russian search giant, announced that its School of Data Analysis (YSDA) will take part in CERN’s Large Hadron Collider beauty (LHCb) experiment. The project, which is one of four large particle detector experiments at the Large Hadron Collider, collects data to study the interactions of heavy particles, called b-hadrons. As a …

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MasterCard reaches agreement with national payment system; Visa may follow

MasterCard has agreed to transfer card processing inside Russia to the National System of Payment Cards (NSPC) while Visa is still discussing the matter with the authorities, Interfax.ru reported, citing the Central Bank’s press service. MasterCard’s move will not affect cardholders, Interfax quoted a MasterCard representative as saying. The company previously used its own processing system, which is located …

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Russia blocks bitcoin websites over “shadow economy” fears

The Russian telecommunications regulator Roskomnadzor has blocked access to five bitcoin-related websites because the cryptocurrency “contributes to the growth of the shadow economy.” The sites include Bitcoin.org, a primary community resource for the cryptocurrency that’s run by the Bitcoin Foundation, the Bitcoin.it community wiki, the Russian-language BTCsec.com security site, the London-incorporated Indacoin exchange, and Russian bitcoin community site Coinspot.ru — although the …

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Personal data storage on Russian servers will be mandatory starting from September 2015

Last week, the lower house of the Russian parliament adopted amendments making personal data storage on domestic servers mandatory as early as September 2015 – instead of September 2016 as previously foreseen by legislation adopted this past summer. In October, Russian lawmakers had considered an even earlier deadline (January 1, 2015). However, the period allowed for compliance …

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Mail.Ru Group, QIWI, Yandex stocks plummet as only Luxoft stands tall on Western exchanges

Several key Russian tech companies are listed on Western stock exchanges. Among them are software development and service company Luxoft (NASDAQ: LXFT); Mail.ru Group (LSE: MAIL), the owner of Russia’s leading social network Vkontakte and of a range of other Internet properties; mobile operator MegaFon (LSE: MFON); payment operator QIWI (NASDAQ: QIWI); and Yandex (NASDAQ: …

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Skolkovo signs R&D agreement with Panasonic, bolsters ties with Asia

Panasonic is set to open next year an R&D center in Skolkovo, the international tech hub under completion on the outskirts of Moscow. The agreement, signed in the presence of Russian Prime Minister Dmitry Medvedev and Shigeo Suzuki, CEO of Panasonic Russia, commits the Japanese firm to deploying at least 30 workers from its Russian representative …

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Russia’s Qrator Labs to fight bots in the USA

Qrator Labs, a Russian company specializing in DDoS-attack mitigation, has announced the launch of three traffic centers in the USA as an entry point into the local market, reports Russian IT portal ComNews.ru. The centers, based in Virginia, Texas and California, will work to filter unwanted traffic for potential clients. The company hopes to eventually become active …

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Sberbank’s SBT Venture Capital invests in social network for investors

SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, has invested in eToro, a social network for investors. The Cyprus based social network allows members to follow the activities of their fellow investors in real time. The company’s stated mission is to “revolutionize the way people interact on the financial markets, making the …

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Google shuts down engineering office in Russia: Much ado about nothing?

Much speculation appeared today in the media following Google’s decision to move about one hundred of its engineers from its Russia office to other locations. A major US site thus suggested that Google’s move could be related to the “changing climate in Russia [which] may lead more Internet companies to move their operations to other …

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Tomsk university and US firm to open joint scientific center in Siberia

The Tomsk University of Control Systems and Radio Electronics (TUSUR) and Keysight Technologies, a US company, have plans to open Siberia’s first scientific and educational center in Tomsk in early 2015, portal Globalsib.com reported. TUSUR is reported to have already launched this past fall its new master’s degree program focused on the automation of the …

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