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Since Russia invaded Ukraine in 2022 and the West responded with unprecedented sanctions, this mission has become more … East-West Digital News suspends Russian tech news coverage Read More Data & reports Russian VC market in crisis: volumes and valuations fell sharply in 2022 December 8, 2022 January 31, 2023 Russia’s venture market, which hardly even reached $1 billion in pre-war years, is enduring hard times. In the first half of 2022, it fell by almost 40% in volume, according to industry research agency DSight, cited by industry news site PlusWorld. Company valuations in the tech sector have fallen dramatically, according to a study from Skolkovo and Tinkoff Private. … Russian VC market in crisis: volumes and valuations fell sharply in 2022 Read More INTERNATIONAL Russian investors seek assistance in darknet to recover blocked crypto assets December 12, 2022 January 30, 2023 Service offers to release Russian investors’ assets blocked on international crypto exchanges are springing up in the darknet, reports Russian business daily Kommersant. Among the methods used are the transfer of the funds to an unblocked account, the renewal of accounts submitting fake KYC information, etc. The cost of such services may vary between 35% and … Russian investors seek assistance in darknet to recover blocked crypto assets Read More Latest News East-West Digital News suspends Russian tech news coverage December 31, 2022 September 11, 2023 East-West Digital News was founded back in 2011 to provide international audiences with quality information about Russia’s emerging tech industries — from startup and venture developments, to e-commerce, to mobile, to software development and much more. Since Russia invaded Ukraine in 2022 and the West responded with unprecedented sanctions, this mission has become more … East-West Digital News suspends Russian tech news coverage Read More 100,000 IT professionals left Russia this year, minister acknowledges December 21, 2022 December 21, 2022 While IT brain drain is not new in Russia, the trend has accelerated dramatically in 2022 following Russia’s war on Ukraine, the subsequent international sanctions and new waves of political repression across the country. Speaking at the Russian parliament on December 20, digitalization minister Maksut Shadaev provided his estimate of the number of IT professionals … 100,000 IT professionals left Russia this year, minister acknowledges Read More Apple to close Moscow office 9 months after stopping official product sales in Russia December 17, 2022 December 21, 2022 Apple is seeking to terminate a lease on its Moscow office, according to real estate sources cited by Russian media. The US firm had opened this corporate office just just before Russia began its war on Ukraine: at that time, in early February 2022, Apple was first company to comply with new regulations requiring foreign technology firms to localize their operations in … Apple to close Moscow office 9 months after stopping official product sales in Russia Read More Kicksharing service Whoosh completes Russia’s first IPO of the year December 16, 2022 March 30, 2024 Russia saw Wednesday its first IPO since the war in Ukraine began with local kicksharing service Whoosh raising 2.1 billion rubles ($32.6 million at the current exchange rate) on the Moscow exchange. The IPO valued the company at 20.6 billion rubles ($320 million). This is a very honorable performance for a Russian startup launched in … Kicksharing service Whoosh completes Russia’s first IPO of the year Read More 640,000 websites are currently blocked in Russia, reports NGO December 13, 2022 December 16, 2022 Russia has blocked an average of 4,900 websites per week so far in 2022, according to Roskomsvoboda, an internet freedom NGO. According to Roskomsvoboda’s report, published Monday by the Kommersant business daily, authorities restricted 14,800 websites last week alone — the highest total in a single week in several years. While it did not name potential … 640,000 websites are currently blocked in Russia, reports NGO Read More Russian investors seek assistance in darknet to recover blocked crypto assets December 12, 2022 January 30, 2023 Service offers to release Russian investors’ assets blocked on international crypto exchanges are springing up in the darknet, reports Russian business daily Kommersant. Among the methods used are the transfer of the funds to an unblocked account, the renewal of accounts submitting fake KYC information, etc. The cost of such services may vary between 35% and … Russian investors seek assistance in darknet to recover blocked crypto assets Read More Russian VC market in crisis: volumes and valuations fell sharply in 2022 December 8, 2022 January 31, 2023 Russia’s venture market, which hardly even reached $1 billion in pre-war years, is enduring hard times. In the first half of 2022, it fell by almost 40% in volume, according to industry research agency DSight, cited by industry news site PlusWorld. Company valuations in the tech sector have fallen dramatically, according to a study from Skolkovo and Tinkoff Private. … Russian VC market in crisis: volumes and valuations fell sharply in 2022 Read More Alexei Kudrin leaves public office to take top role at new look Yandex November 30, 2022 November 30, 2022 Former finance minister Alexei Kudrin, once a leading reformist in President Vladimir Putin’s inner circle, is leaving public service to go into business. He is set to take charge of Yandex, Russia’s leading digital company. The transformation of a senior official into a businessman appears to be one of those common attempts to convert political … Alexei Kudrin leaves public office to take top role at new look Yandex Read More Why Russia’s cyber-war in Ukraine has been intense, but not always effective November 30, 2022 December 12, 2022 Shaping the battlefield. Darius, king of Persia, did it in 331bc, with caltrops strewn where he thought his enemy Alexander the Great would advance. The Allies did it in 1944, with dummy aircraft and landing craft intended to fool Germany’s high command into thinking their invasion of France would be in the Pas de Calais, … Why Russia’s cyber-war in Ukraine has been intense, but not always effective Read More Yandex could dismantle itself amid domestic and international pressure November 25, 2022 November 26, 2022 Yandex, arguably the most successful and emblematic Russian digital company over the past 25 years, could be split amid the international and domestic tensions...