russia

  • From Russia With Money: How Flash Sales Startup KupiVIP Is Riding The Middle Class Wave

    From Russia With Money: How Flash Sales Startup KupiVIP Is Riding The Middle Class Wave

    From a slow start in the aftermath of the Soviet Union, Russia is now Europe’s biggest internet market with 53 million users (compared to number-two Germany at 51 million), and figures from GP Bullhound and comScore indicate that it is also growing the fastest, at 14 percent (other European countries are at less than six percent it says). On top of that, a growing base of middle… Read More

  • The Game Is Not Over For Facebook, Google In Russia (But There Is Work To Do)

    The Game Is Not Over For Facebook, Google In Russia (But There Is Work To Do)

    Russia, like China, is a market full of tech promise, but in the face of strong local competiton, it is one that has also proven to be tough nut to crack for big U.S. companies looking for international growth. But according to one IT leader in the country — Alexander Turkot, executive director of the IT Cluster at Skolkovo, Russia’s multi-billion dollar Silicon Valley-like work… Read More

  • Skolkovo: Cisco, Bessemer Venture Partners Put Millions Into Russia’s Latest Answer To Silicon Valley

    Skolkovo: Cisco, Bessemer Venture Partners Put Millions Into Russia’s Latest Answer To Silicon Valley

    In the debate over whether there can ever exist “another Silicon Valley” and where, exactly, it would be, add in another contender: Skolkovo, an ambitious high-tech sprawl being built outside of Moscow, which this week announced the latest two companies to invest in its big idea: Cisco and Bessemer Venture Partners. Bessemer has promised investments worth $20 million over the next… Read More

  • Yandex: Q4 Sales, Income Up Over 50% For Russia’s Search Giant

    Yandex: Q4 Sales, Income Up Over 50% For Russia’s Search Giant

    More news from Yandex, Russia’s biggest search engine, that highlights the opportunity for more growth in digital in Russia and adjacent markets. One day after announcing a new real-time search partnership with Twitter, the company is reporting Q4 earnings: sales were at $200 million with net income of $71.3 million, both representing growth respectively of 56 percent and 51 percent on… Read More

  • Yandex, Google’s Russian Rival, Is Twitter’s New Real-Time Search Partner

    Yandex, Google’s Russian Rival, Is Twitter’s New Real-Time Search Partner

    A significant step for Twitter in its international growth: Yandex, Russia’s search giant, today announced that it will carry Twitter data in all of its search results. The news also underscores one possible route to revenue generation for Twitter: Yandex describes this as a licensing deal. The terms of it were not disclosed but Microsoft reportedly paid Twitter $30 million for a… Read More

  • The Sad-Eyed Soviet Arcade Of The Basement

    The Sad-Eyed Soviet Arcade Of The Basement

    The cool cats at A Dangerous Business recently visited a seemingly forgotten Russian arcade museum in Moscow featuring some of the greatest old video games you could ever imagine coming out of a totalitarian worker’s state circa 1983. For example we’re introduced to a game… called “Репка Силомер” (Repka Silomer) or “Turnip Strength… Read More

  • In Russia, New Apple Store Buys iPhone From You!

    In Russia, New Apple Store Buys iPhone From You!


    A site that, inexplicably, follows Apple’s retail stores, IfoAppleStore.com, posted a rumor that Apple’s top folks went to Russia to negotiate the rental of a two-floor Apple store in the rebuilt Hotel Moskva, the first in the country. Senior vice president of retail Ron Johnson and vice president of real estate Bob Bridger visited Moscow at the end of March and toured the… Read More

  • Is This Russia's Next Battle Tank?

    Is This Russia's Next Battle Tank?

    This is said to be Russia’s next-gen tank, the T-95 as the media dubbed it years ago. Don’t ask questions, because there’s isn’t much known about it right now. Well, at least, there’s not that much on the world wide web about the unannounced tank yet. Russia hasn’t even announced the offiical name. Read More

  • Celebrate The Twilight Of The Space Age With This Russian Gear

    Celebrate The Twilight Of The Space Age With This Russian Gear


    With the Space Shuttle decommed and pretty much all funding to NASA cut and instead sent to abstinence education, it’s nice to think back on the magical days of yore when a beeping salad bowl could enthrall the world. Sotheby’s is letting us try for a piece of that history thanks to an auction they’re holding of some exciting space gear including this orbiter that once held… Read More

  • Russian Government Computer To Run On Linux By 2015

    Russian Government Computer To Run On Linux By 2015

    Tired of dealing with the legal hassles with Microsoft, Russian Prime Minister Vladimir Putin has ordered that all government agencies will be running on open-source software by 2015. Russia has a rocky relationship at times with Microsoft, and started this whole process by first proclaiming that schools will run only open-source software, and now proclaiming that the government would follow suit. Read More