Jun 24, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russian billionaire Alisher Usmanov, who controls amost 40% of Vkontakte via the Mail.Ru Group, of which he is one of the main shareholders, is no longer considering an IPO for the social network. The decision was reported by the Russian news...
May 2, 2013 | Central & Eastern Europe, News, Russia
Russia’s richest man Alisher Usmanov told Bloomberg that he recently spent about $100 million buying Apple shares in anticipation they will rise. “I believe in the future of this company even after Steve Jobs,” he said to the news agency. “When the company lost...
May 1, 2013 | Central & Eastern Europe, News, Russia
RBC, one of Russia’s largest media groups in the online, television, print media, hosting and domain name registration segments, is restructuring its B2C Internet assets, the group’s press service stated in an exchange with East-West Digital News. Managed by...
Apr 29, 2013 | Central & Eastern Europe, News, North America, Russia
Luxoft, a prominent offshore software developer with headquarters in Moscow, announced last week the acquisition of the open-source solutions of Freedom OSS as well as “some [of its] other assets.” Based in Newtown, PA, Freedom OSS provides clients in the...
Apr 19, 2013 | Central & Eastern Europe, News, Russia
Holodilnik.ru, Russia’s leading online retailer of household appliances, has offered a minority stake to Media Capital in exchange for a large-scale advertising campaign. This is the first known media-for-equity deal on the Russian Internet market. The transaction’s...
