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‘Future Academy’ blends online and offline to bridge Russian, US educational systems

81 Comments / E-learning, Education & training, Finance, International, News, Venture / Private equity / By

Last month the fledgling Russian online education industry saw the launch of a new, internationally-oriented project. Using both online and offline teaching methods, The Future Academy offers fully accredited secondary education programs to Russian kids 12 to 17 years of age. The school has been backed at the seed stage by Russian venture fund Digital Ventures, …

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Russian fintech fund Life.Sreda acquires Southeast Asian mobile acquiring startup iboxPro

1,161 Comments / Finance, International, M&A, Mobile-Telecom-Satellites, News, Payment & banking technologies, Payments, Startups, Venture / Private equity / By

Life.Sreda, a Russian fund investing in financial and mobile technologies, has acquired iboxPro, a leading Asian mobile point-of-sale service, and intends to merge it with its Russian portfolio company LifePay. The details of the transaction have not been disclosed, but an unnamed source told business daily Kommersant that it amounted to “up to $10 million.”

QIWI launches new accelerator Universe 2.0

68 Comments / Finance, Incubators & technoparks, News, Payment & banking technologies, Payments, Startups, Venture / Private equity / By

QIWI Venture, the investment arm of Russian electronic payment giant QIWI Group, has launched a new acceleration program, Universe 2.0. Like its predecessor, the program is intended to facilitate the quick launch of pilot projects which are looking to work in partnership with the company. QIWI hopes the accelerator will attract both major, established companies and …

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Yandex says Google shutting others out from Russian Android devices

1,146 Comments / Internet, Legal, Legal matters, Mobile content, Mobile-Telecom-Satellites, News, Social networks & apps / By

Russian Internet giant Yandex has requested that Russia’s Federal Anti-Monopoly Service investigate Google for violating Russian legislation, news agency RIA Novosti reported on Wednesday. The regulator now has one month to consider the request from Yandex, Russia’s top search engine and provider of a range of digital services, such as Yandex.Maps and Yandex.Music, a music streaming service. Useful Microsoft 70-346 Questions With Low Price the sound, …

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Maxfield Capital invests in 3D printing startup Zdravprint

122 Comments / E-health, Finance, Hardware & Electronics, News, Startups, Venture / Private equity / By

Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested an undisclosed amount in Zdravprint, a Russian startup that develops medical 3D-printing technology. It is the first time Zdravprint has received venture money, the fund’s Corporate Communications Director Nadir Khabdulin told East-West Digital News.

Russian-made iPhone 6 clone costs only $199

59 Comments / Mobile devices, Mobile-Telecom-Satellites, News / By

A Russian smartphone with the exact same dimensions as Apple’s popular iPhone is now on sale, the phone’s developer announced on Tuesday. Called the iX-maxi and retailing from 12,500 rubles ($199), the smartphone measures 4.7 inches diagonally, the same length as the iPhone 6. The phone’s design is also remarkably similar, down to its volume buttons, thickness, home button, and other visible features. Most Important Cisco 210-260 Question Description …

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Russian firm combines gaming and digital TV in new device, calls developers’ participation

67 Comments / Digital TV, International, News, Online games, R&D / By

Russia’s GS Group, an internationally oriented Russian tech company whose key activities include developing technologies for digital TV, has unveiled a prototype of a device that combines the functionality of a game console and a digital HD receiver. The company has called out the gaming community to unite in driving this technology forward. The device …

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Russian man sues Google for reading his private emails

79 Comments / Ekaterinburg, Internet, Legal, Legal matters, News, Regions & cities, Search engines & SEO / By

A Russian man has filed a lawsuit against search giant Google, accusing it of violating his privacy by showing him advertisements based on comments made in private e-mails. Anton Burkov, from Yekaterinburg, filed the suit in a Moscow court when advertisements for French hotels and visa services began appearing alongside Google search results — shortly after discussing a trip to Strasbourg with friends. Most Important Cisco 210-060 Certification UP …

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International private equity firms Siguler Guff and CapMan invest in Russian educational test preparation company

86 Comments / E-learning, Finance, International, News, Venture / Private equity / By

Siguler Guff and CapMan, two international private equity firms, announced last week an investment in Maximum Education, a major Russian provider of educational test preparation services, in exchange for “a significant minority stake.” Siguler Guff declined to disclose any further details of the transaction, but Maximum Education CEO Michael Magkov told East-West Digital News it …

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Bank hackers steal millions via malware, reports Kaspersky Lab

2 Comments / Cybercrime, International, Internet, Internet security, News / By

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 …

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