Sunday, August 25, 2019
Russia’s top internet company, Yandex, was scrutinized in the country’s State Duma (lower house of parliament) this week, as deputies raised the question of how the search engine ranks top news stories, The Bell reported. Lawmakers were interested in how the company, known as “Russia’s Google”, presents news stories, especially...
Russia-founded “crowdsourced” same-day delivery service Dostavista has raised $15 million in a Series B funding by Vostok New Ventures, with participation from existing investors Flashpoint and Addventure, TechCrunch reports. Dostavista promises same-day delivery powered by its network of “trusted couriers”. The startup was founded in 2012 by Mike Alexandrovski, after...
A lack of frequencies is forcing the Russian government to go with 4.4-4.99 GHz as the key range for creating 5G networks, a frequency range unpopular in most countries except for China and Japan, Kommersant wrote. According to experts, the authorities expect the move to boost the domestic industry,...
Russia’s Kalashnikov Group has presented the UV-4 electric car for the taxi market at the 7th International Eurasian Taxi Forum (MEFT) staged in Moscow, the company said on Friday, according to TASS. "The Kalashnikov Group of Companies has presented the UV-4 electric car for the taxi transportation market. The electric...
Israeli retail analytics insight company Anagog has won the X5 Retail-Tech Challenge competition for retail innovation, organized by Russia’s leading retail chain X5 Group. The competition was held this week in Tel Aviv by the Israel-Russia Chamber of Commerce, CTech reported. The Israeli startup’s management are traveling to Moscow to make...
Russia’s first electric car, the Zetta, could go into serial production by the end of this year if the company completes certification this fall, Minister of Industry and Trade Denis Manturov said on Friday in an interview with Auto Mail.ru. "The project of Zetta economy class four-wheel drive electric car...
Chinese video game publisher iDreamSky Technology Holdings, backed by investment holding Tencent, has partnered with Mail.ru Group in a move that will help the Russian tech firm expand its gaming footprint in China, Reuters reported citing sources. As part of the alliance, the two companies will collaborate to publish games...
Russian arms producer Soyuzmash has requested the country’s central bank to allow it to process Bitcoin payments from both abroad and local customers in order to bypass sanctions imposed by the United States, FXStreet reported. According to the company, despite heavy international restrictions on Russian companies to deal in...
London-listed Russian Internet giant Mail.ru Group announced last week it has acquired Belarusian game studio Swag Masha through its gaming branch My.Games and Russian content & ad recommendation service Relap.io, East-West Digital News reported.  Founded in May 2018 and based in Minsk, Swag Masha is a small game studio with...
5G, the latest mass technology of cellular communication will not replace its predecessor, LTE in Europe and, in particular, in Russia, for at least another ten years, Izvestia writes referring to a Deloitte report. According to the professional services network’s report, 5G will spread much slower than LTE, with economic...