Tuesday, February 27, 2024
Microsoft could lose billions of dollars if it chooses to restrict its Russian clients due to sanctions, Russian communications minister Nikolai Nikoforov was quoted by local news agencies as saying on Tuesday. Citing notifications sent out by the two Russian Microsoft distributors to more than 200 businesses in Russia that...
Pavel Durov, the founder of the popular messenger Telegram is announcing closure of the TON blockchain project, TASS reported. "We are announcing the discontinuation of our blockchain project," he wrote in the Telegram. Any project based on TON or using its name will not be related to the Telegram, Durov added. The...
One of the world's leading laboratories and technological centers, U.S.-based AGQ Labs, has announced it has signed a licensing agreement with Compas Ltd. in Russia, opening the doors to a gigantic market with a desire to professionalize and improve the quality of its products, the company said in a...
Russia’s Association of Cryptocurrencies and Blockchain (RACIB) has created a registry consisting of whitelisted companies that deal in cryptocurrency related products and services, Bitcoin News reports. The registry includes firms in areas like crypto mining, investment, marketing, and initial coin offerings (ICOs). The Association noted that since the beginning of...
Founder and CEO of the Russian antivirus software provider Kaspersky Lab Yevgeny Kaspersky does not recommend using Zoom for business negotiations due to security problems, he said in an interview with TASS for special project Top Business Officials. "As for Zoom, we had significant security objections from the outset. First,...
The export volumes of Russian software and development services climbed from 10% to 12% in 2017 reaching $8.5 billion, Kommersant reported citing data provided by the Russian Software Developers Association (RUSSOFT). The anti-Russian sanctions have hurt Russian software sales in the United States and the European Union, which made...
Shareholders of Yandex have voted to allow a “golden share” in the company to be held by a new entity, as part of a corporate governance restructuring plan forced by the government, Reuters reports. The Russian government, concerned that user data could fall into foreign hands, wants to limit foreign...
Parler, a social media website and app popular with the American far right, has partially returned online with the help of a Russian-owned technology company, Reuters reports. Parler vanished from the internet when dropped by Amazon Inc’s hosting arm and other partners for poor moderation after its users called for...
Individuals and companies are increasingly trying to smuggle technology related to weapons and spy equipment out of the United States, The New York Times reports. According to the newspaper, the rate of recent attempts to ship those technologies to foreign adversaries, surpass similar attempts in the Cold War-era. In a recent case, a...
The amount of financial support provided by Moscow to technology companies increased ninefold in 2020. Thanks to the city's support, companies can partly recoup their expenditure on equipment purchases and leases, interest on business expansion loans, online promotion of goods and services, exports, employee training, exhibitions and other activities. Residents...