A bill introducing high administrative fines for incompliance with Russia’s data localization law entered the Russian State Duma this month, Interfax reported.
Proposed fines for first offense amount to 2,000,000 – 6,000,000 rubles (around US$30,000 – 90,000) for companies. Repeated offense by legal entities is punishable with fines in the...
The Bank of Russia’s governor Elvira Nabiullina has praised the implementation of blockchain technology in the local economy for the future, Crypto Daily reports.
Nabiullina said that blockchain is still a developing technology, but it does indeed “have a space in Russia’s financial matters” and will definitely be an active...
Chinese tech giant Huawei will hold talks with the Russian Ministry of Digital Development, Communications and Mass Media during the summer about the possibility of switching the Chinese smartphones to the Russia-developed Aurora operating system (OS), the deputy minister said on Friday, according to RIA Novosti.
The U.S. government directed...
Turkey expects to take delivery of Russia's S-400 missile defense systems next month, despite strong U.S. opposition, President Recep Tayyip Erdogan said on Thursday, according to Business Day.
Speaking to a group of foreign journalists, Erdogan reiterated that the deal with Russia was sealed and there would be no turning...
Shares in Russian tech giant Yandex on the Moscow Exchange rose to a new historic record on Thursday after the company was praised by Russian President Vladimir Putin in his annual televised Q&A session, Rb.ru reports.
In peak value, the company's stock price reached 2,531.6 rubles ($40.15) per share,...
The first Russian Centre for Digital Innovations and Information and Communication Technologies was opened on Wednesday in Dubai’s tech hub, the Dubai Internet City (DIC), the United Arab Emirates government said in a statement.
The facility, set up by the Russian Export Centre, is one of the largest and...
Biometrics companies from China and Russia could soon be excluded from an influential U.S. government accuracy test of facial recognition technology, in another move that could escalate an ongoing tech war between great powers, the South China Morning Post reports.
According to a bill proposal by Democratic Senator Brian...
China’s Xiaomi has launched a collection of products in Russia, in a move that highlights the company’s intent to seriously position itself in the market, RIA Novosti reports.
The Hong Kong-listed company, best known for its smartphones, will now also sell its smart TVs, smart wristbands, wireless earbuds, and...
During the II International Congress on Cyber Security (The International Cybersecurity Congress, ICC), which will be held in Moscow on June 20-21, Sberbank plans to discuss the impact of technology on human cyber vulnerability, Nezavisimaya Gazeta reported.
The process of the exponential development of information IT, on the one hand,...
The European Union said Friday that prior to its election last month, Russia had engaged in a “continued and sustained” disinformation campaign, claiming that it had proof to sustain its claim.
According to the bloc’s Security Commissioner, Julian King, Russians sought to influence voters, particularly those in countries like Poland,...
