russia

  • Russia’s Ozon.ru Is Selling Its Zappos Clone Sapato.ru To KupiVIP

    Russia’s Ozon.ru Is Selling Its Zappos Clone Sapato.ru To KupiVIP

    Some downsizing underway for Ozon.ru, the e-commerce portal commonly referred to as the Amazon of Russia. The company is selling Sapato.ru — the “Zappos of Russia” that it acquired three years ago — to online fashion retailer KupiVIP. Terms of the deal have not been disclosed by the companies, Ozon has confirmed to TechCrunch. According to reports, they don’t… Read More

  • Rocket Internet Fashion Group GFG Raises $35M, Poaches Amazon Exec To Lead It

    Rocket Internet Fashion Group GFG Raises $35M, Poaches Amazon Exec To Lead It

    Rocket Internet — the Berlin-based startup incubator that went public in October 2014 — is today adding more muscle to the Global Fashion Group, a cluster of five of its emerging market fashion sites that consolidated into one bigger operation last September. The GFG has raised €32 million ($35 million) at a €2.8 billion ($3 billion) post-money valuation, and it now has its… Read More

  • Russians Implicated In Hack On White House After Obama Makes Cybersecurity Push

    Russians Implicated In Hack On White House After Obama Makes Cybersecurity Push

    The same Russian hackers who breached the State Department system for months also gained access to an unclassifed White House computer system, according to a report from CNN. Although the system did not contain classified information, the Russians reportedly had access to the president’s private schedule. The connected cyberattack on the State Department in recent months has been… Read More

  • A Steady Erosion Of Confidence In Government

    A Steady Erosion Of Confidence In Government

    Governments around the world are facing significant political turmoil and enormous economic stress as they struggle with an alarming and unprecedented array of public policy crises today. And – whether it’s the desperate water scarcity in Brazil, the darkness-inducing rural electricity shortfall in India, the precipitous financial meltdown in Russia, or the festering income… Read More

  • Maelle Gavet Steps Down As CEO Of Ozon, Russia’s Amazon

    Maelle Gavet Steps Down As CEO Of Ozon, Russia’s Amazon

    A very surprising and sudden changing of the guard at Ozon, an e-commerce marketplace known as the “Amazon of Russia.” Maelle Gavet has stepped down as CEO, effective today, and is getting replaced by Danny Perekalsky, who had been the deputy CEO. Gavet, who has been CEO of Ozon for four years, is leaving for a job somewhere else but has not yet said where that landing will… Read More

  • China, India, Russia and Mexico Are The Top Emerging Markets For Online Media Companies, Says Ernst & Young

    China, India, Russia and Mexico Are The Top Emerging Markets For Online Media Companies, Says Ernst & Young

    While the U.S. still has the highest earning potential for both online media and entertainment companies, emerging markets like China, India, Russia, and Mexico are quickly catching up. A new report by Ernst & Young says growth will be fueled by rapidly increasing Internet penetration. There are expected to be two billion broadband connections by 2016 in the emerging markets covered by… Read More

  • Russia To Pay Local Devs To Migrate Apps To Tizen, Sailfish

    Russia To Pay Local Devs To Migrate Apps To Tizen, Sailfish

    The Russian Federation is intending to support alternative mobile platforms, with a Minister promising grants for developers to migrate their apps from Android and iOS to the Samsung-led Tizen open source effort, and also Jolla’s Sailfish OS. Read More

  • Highly Dexterous Robot Can Fold Balloon Animals, Close Zip-Ties

    Highly Dexterous Robot Can Fold Balloon Animals, Close Zip-Ties

    The Terminator: The Skynet Funding Bill is passed. The system goes on-line November 14th, 2014. Human decisions are removed from strategic balloon animal-making. Skynet begins to learn at a geometric rate. It becomes self-aware at 2:14 a.m. Eastern time, November 30th. In a panic, they try to pull the plug. Sarah Connor: Skynet fights back. The Terminator: Yes. It folds eight balloon fish… Read More

  • Apple Extends Its Crimea Block To Products And Services

    Apple Extends Its Crimea Block To Products And Services

    This past weekend, Crimea made tech news when it emerged that Apple and Valve had sent out notices to developers in the region informing them their accounts would be cut off, in line with U.S. sanctions against the region. Now Apple has extended that further, ordering retailers to halt all shipments and sales of products like the iPhone and Mac computers and services in the region… Read More

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