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iAppContest 12 Apr 2010 | 07:05 pm

iAppContest is the first competition in Eastern Europe between iPhone developers. The contest will be running in Ukraine for 2 months from April 16 to June 16. Results will be announced on a stage dur...

Facebook to open office in Russia 10 Apr 2010 | 06:25 am

The world’s famous social-networking site Facebook is in talks with Russian mobile operators and is opening up an office in Russia. Facebook counts more than 400 million active users. Its main compet...

DST wants to invest in Chatroulette.com 2 Apr 2010 | 10:10 pm

Digital Sky Technologies wants to buy a share of the popular Russian startup Chatroulette.com. It’s what the German magazine Spegel reports. According to the magazine. DST claims about 10% of Chatroul...

Game Network secures $ 3 million from UMJ Russia Fund 1 Apr 2010 | 04:26 am

GameLand Network, a Russian companies which holds the rights for the Russian television channel Gameland TV, has sold a minority stake to the Japanese venture fund UMJ Russia Fund, as Pasha Romanovsky...

Event report: second startup weekend in Moscow 31 Mar 2010 | 01:03 am

From 9 to 11 April in Moscow will be held the second Startup Weekend. Hundred of entrepreneurs are going to gather together for 2 days and try to start new business projects. At event will take part ...

Sales record in Russia for the game Happy Farmer 24 Mar 2010 | 11:30 pm

Online game “Happy Farmer” as collected a record of $ 20 million during just one year from its launch in Russia. This also means that the social networks are learning to how make money. Around half o...

Build the Russian Silicon Valley 24 Mar 2010 | 02:48 am

The Russian President, Dmitry Medvedev, has recently announced that Russia will build a high-tech hub near Moscow as a step to modernise the economy and reduce its dependence on oil and gas. The proje...

Online payments growth in Ukraine 23 Mar 2010 | 07:33 am

In Ukraine over the last year has increased the number of Internet users making online payments. The head of the Internet auction Kopeikoff.com, Artyom Yaremchuk, said that during the first months of ...

Interview with Olga Sternik about Brandspotter 19 Mar 2010 | 07:34 am

Olga Sternik is the owner of Sterno.ru a Moscow based digital agency supporting marketing campaigns in the Internet. They just launched a new and interesting project – Brandspotter. So we went to ask ...

DST and 1C invest $ 5 million in Nival Network 18 Mar 2010 | 05:56 am

Sergey Orlovsky and his company Nival Network have raised $ 5 million from DST and 1C. Other $ 2 million will be invested by Orlovsky himself. Nival Network, part of Nival Group, was founded by Sergey...

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