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 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!


    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?

    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


    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

    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

  • Russian search engine Yandex gets a semantic injection

    Yandex, Russia’s leading search engine which is thought to be mulling over an IPO for up to $1.5 billion, is rolling out a new feature today that aims to make its search experience seem a lot more intelligent. Dubbed “Spectrum” and claiming to be able to read users’ minds, it uses what sounds like a combination of semantic technology and machine learning to… Read More

  • Internet Control Issues: It's Not Just China

    Internet Control Issues: It's Not Just China

    Fighting international cyber-terrorism isn’t easy, but it’s a mission on which we can all agree, right? Not so fast. Russia has been pushing a proposal in The United Nations agency for information technology, which describes the greatest cyber-threat not as hacking or stealing but as using the Internet to spread ideas that might undermine a country. Russia wants any such use of… Read More

  • Can Russia Build A Silicon Valley?


    A few months ago, I wrote about why I believed that Russia’s planned “science city” was destined for failure, in my BusinessWeek column. I predicted it would follow the path of the hundreds of cluster development projects before it. Political leaders would hold press conferences to claim credit for advancing science and technology; management consultants would earn hefty… Read More

  • Will TorrentReactor Make Good On Its Promise Of Buying A Small Russian Town?

    Here’s an odd one. Popular BitTorrent site TorrentReactor has announced that it has “bought” a small Russian town, Gar, for just under $150,000, and that the town will rename itself in honor of the site. Sounds like a bunch of nonsense, right? It kind of is, but then it kinda of isn’t, too. Oh dear. Read More

  • Dear Mr. President: Immigration Reform Won’t Be Enough To Stop The Brain Drain

    Dear Mr. President: Immigration Reform Won’t Be Enough To Stop The Brain Drain

    In a speech at the American University last Thursday, President Obama highlighted the incredible economic rewards that America has gained from its immigrants. He spoke of new waves of immigrants—from places like Ireland, Italy, Poland, and China—challenging the generations before them, and consequently being subjected to “rank discrimination and ugly stereotypes”. Yet… Read More

  • Russian advice: Nuke the oil spill, that'll fix it!

    Stop the presses~! The Russians have come up with a pretty snazzy way to deal with that oil spill: nuke it all! Why waste time freaking out when you can unleash the power of mass-to-energy conversion, and let Mr. Atom clean up the mess in no time at all? Read More

  • Computer virus mucks up Russia-China border crossing

    This isn’t the best time to be a traveler. Europe is still fighting plumes of volcanic ash—FC Barcelona had to take a bus from Barcelona to Milan for tomorrow’s game against Inter!—and now there’s word that a computer virus has wrecked a Russia-China border crossing. Some 2,000 Russians visiting the Chinese city of Heihe found themselves stranded when the… Read More

  • DIY Russian style: wooden USB drive

    Here’s a rather unique DIY project for you: a russian builder created a USB key design using a block of wood, a switch, and a fan. Why do you need a fan for a USB key you ask? Well, I have no idea. The only thing I can think of is the glowing LED lights inside the glowing logo need cooling? Honestly, no clue. Read More

  • Holy crap – the Ukranians have robots

    Fair warning to anyone trying to do evil in Odessa, Ukraine – they have a giant robot guarding the port. While he doesn’t seem to move much, I don’t think he has to. This silent sentry warns anyone coming in to Odessa to be good, or he will smite you with his mighty steel rod. Read More

  • Mother Russia plans to save us all from killer asteroid

    Someone call Bruce Willis. Russia announced Wednesday that they are considering launching a spacecraft with the intention of altering its possibly earth-crushing trajectory to a less threatening one. Read More