Russia is working on a large-scale face-recognition scheme that could provide a useful tool for law enforcers and a large order for its tech partner, NtechLab. Meanwhile, the segment's other local companies are also working on similar solutions.
Telegram Open Network (TON), one of the most highly anticipated projects in the blockchain world, is gaining momentum and is now in beta testing mode.
Russia's leading retailer X5 Group and Santens Service Group will set up an online pharmaceutical marketplace on the basis of Perekrestok.ru online store, the companies announced.
The company will use the money attracted to develop its electronic product range under the iHunt brand. It is also preparing to enter foreign markets this year.
One of Russia's "big four" mobile operators Mobile TeleSystems (MTS) is in talk to acquire a stake in mobile taxi ordering service Gett in Russia, Kommersant daily reported cited unnamed sources.
Russian internet major Mail.ru launched its voice assistant Marusya in test mode, Vedomosti daily reported citing unnamed sources.
Trump, seen by the Iranians as not even fit to run a chip shop, points his gnarled finger at the Islamic Republic following the tanker attacks.
With drive-through payment app Rollet, motorists can seamlessly enter and exit a garage as payments are automatically handled behind the scenes.
Sees huge growth opportunity for online payments. e-commerce in Turkey growing stably at over 10% each year, but still in infancy.
Russia's largest bank state-controlled Sberbank will acquire 25% of PayZakat platform that collects charity for Muslims in need
‘Fake presidential poll’ demonstrations continue over June 10-11 as shoo-in Tokayev officially wins office as Nazarbayev’s successor.
Aim is to make Europe a top supercomputing power globally through €840mn project.
Piracy is actively being rooted out in Russia, the second biggest consumer of digital pirated content in the world.
German development finance institution DEG announced in June it provided equity funding to DataArt, a leading global developer of complex IT solutions
Russian medical insurance startup attracts $3mn for international expansion
Barion says it's considering moving its headquarters to another country in Europe because the local regulatory environment puts it at a competitive disadvantage.
Budapest wants to relocate the network of research institutions to a government-run body, but critics say the bill may violate Hungary's Constitution.
The Brno-based startup Kiwi.com sold a 51% stake to General Atlantic for a reported €116mn.
Jakovlje picked by aerospace technology company after a “highly competitive” site selection process, based on proximity to FACC’s Austrian facilities and its "highly trained, technically skilled workforce".
Varengold, which launched in Bulgaria last year, says it wants to be part of "fundamental change on the market" as it scoops up Klear in its first Southeast European fintech acquisition.