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Amid the destruction caused by the war, the Ukrainian tech industry has demonstrated remarkable resilience. Most IT companies and startups managed to survive by moving their staff to a safer ...
Much has been said about the “resilience” of the Ukrainian tech sector amid the war, but what do entrepreneurs themselves say about the challenges they have faced since February 2022?
Service offers to release Russian investors’ assets blocked on international crypto exchanges are springing up in the darknet, reports East West Digital News.
Russian kick-sharing service Whoosh intends to go public on the Moscow Exchange this or next year.
According to a report published last week by US publication Business Insider, a range of Western tech firms are users of FindFace, a controversial face recognition technology developed by Russian startup NtechLab.
The Russian government intends to spend more than RUB30bn ($375mn at the pre-war exchange rate, $500mn at the current rate) on an R&D programme to deploy 6G until 2025.
Rostec, a state corporation that comprises more than 700 enterprises in the fields of defence and technology, announced in June it has developed a blockchain platform to provide a “real alternative to SWIFT in international settlements.”
Russia’s war on Ukraine and the subsequent Western sanctions seem to have put the once-thriving Russian and Belarusian gaming industries in serious trouble, East West Digital News reports.
airSlate (formerly known as pdfFiller), a Boston-based business automation software publisher, announced it secured $51.5mn in a deal that values airSlate at $1.25bn on June 16, East West Digital News reports.
AVentures Capital, one of Ukraine’s top venture firms, has just released a new edition of its Dealbook of Ukraine. Each year, this publication offers an overview of the deals and trends involving Ukrainian and Ukrainian-founded tech companies.
Yandex, the Russian digital giant whose Nasdaq stock trading has been suspended since February 28, laid off over two dozen US-based workers last month.
Avito, Russia’s leading classifieds platform (a subsidiary of OLX Group, owned by Naspers affiliate Prosus), will operate as an independent Russian business.
Since the war in Ukraine began, triggering unprecedented international sanctions against Russia, some 50,000-70,000 Russian IT professionals have left their country.
Yandex, arguably the most successful and emblematic Russian digital company over the past 25 years, could default in a matter of days.
The Russian authorities blocked access to Instagram in the country on March 15 after they accused its parent company Meta of allowing hate speech against Russians, including the military, on its platforms.
After Russian entrepreneurs asserted themselves last year as chief disruptors in the global food delivery industry – fulfilling orders in under 15 minutes – some are now going bust, victims of Putin's war in Ukraine.
Even as Russian authorities are taking unprecedented measures to silence opposition or even free expression, an “international VC and startup petition against the bloodshed in Ukraine” has started circulating.
From quick military victory with Russia taking control of Ukraine, to a long-lasting guerrilla war, to an escalation involving neighbouring countries and western powers, the outcome of the Russian military attack on Ukraine is unpredictable.
Softline, a Russian-founded IT solution and service provider listed on the London and Moscow stock exchanges, is to acquire Umbrella Infocare, an Indian cloud service company