Alternative assets investment firm ITI Funds has announced that it attracted $5 million from two major investment firms, Moscow-based Da Vinci Capital and Paris-based Mantra Investment Partners, and unnamed private investors, EWDN reports.
“We are combining the attractiveness of alternative and crypto assets with blue chip service providers, allowing institutional investors to...
Russian internet giant Yandex on Wednesday launched its first ever smartphone in a highly anticipated move into hardware that builds on its popular service apps, Kommersant reports.
The new smartphone, called Yandex.Phone, will go on sale on Thursday in Russia and online. It will cost 17,990 rubles ($269/237 euros) -- less than...
The world’s biggest diamond producer, Russia’s Alrosa, has decided to join forces with its main competitor, De Beers, in order to utilize the Dutch company’s blockchain platform called Tracr. The Russian giant will use the blockchain to track diamonds, Coin Telegraph reports.
At the moment, Alrosa and De Beers supply...
Russia on Monday carried out tests on its ‘sovereign internet’ to ensure the "security” of the infrastructure in case of a foreign cyberattack, NDTV reported.
Internet activists have warned the move could also tighten censorship and lead to online isolation.
A controversial law that allows the country to cut internet traffic from...
One of the world’s leading cryptocurrency exchanges, Singapore’s Huobi Group, has announced its official opening of Huobi's first Russian office in Moscow at an invitation-only event on Thusday, the company said in a statement.
Huobi Russia is a local exchange supported by Huobi Cloud, the company's regional exchange partnership program, in partnership...
The newest avionics package will be installed aboard Russia's next-generation single-engine fighter, codenamed Checkmate. Vladimir Mikheyev, Adviser to the First Deputy CEO of the Radio-Electronic Technologies Group (KRET, a subsidiary of the state-owned Rostec), told TASS from the MAKS-2021 international air show, which took place from July 20 to...
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...
Russia’s Federal Antimonopoly Service (FAS) has found Apple guilty of abusing its dominant position in the application market, the regulator said in a statement, Tass informed.
"The FAS Commission found that Apple abused its dominant position in relation to developers of parental control mobile applications and limited competition in the...
Russian technology companies signed an agreement on establishing an alliance for artificial intelligence development (AI-Russia Alliance) within the Artificial Intelligence Journey forum framework, TASS informs.
Its members are Gazprom Neft, the only industry representative, along with Internet majors Yandex and Mail.ru Group, Sberbank, mobile communications operator MTS, and the Russian...
A North Korean technology research and development company sanctioned by the United States is seeking to expand its business into the Russian Far East by disguising itself as a local company, sources close to the matter told Kyodo news agency on Saturday.
Korea Computer Center, a company based in Pyongyang,...
