Mar 18, 2014 | Central & Eastern Europe, MENA, News, Russia
East-West Digital News March 18, 2014 Today Yandex, the Russian search giant, announced the acquisition of Israeli startup KitLocate, the developer of an energy-efficient geolocation technology for mobile devices. The solution provides location capabilities, including...
Mar 18, 2014 | Central & Eastern Europe, News, North America
March 17 (Reuters) – Pantera Capital Management LP, a hedge fund that manages money for Fortress Investment Group LLC executives, invested about $10 million in Bitstamp Ltd months before it emerged as the world’s dominant dollar-bitcoin exchange, Bloomberg...
Mar 18, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News March 18, 2014 Ruselectronics, Russia’s umbrella company for national radio electronic assets, plans to invest 1.27 billion rubles (approximately $35 million) in the development and manufacture of hi-tech products between 2014 and 2016, the...
Mar 14, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News iBuildApp, a California-based startup with Russian roots, has raised $525,000 from Eugene Miller and Constantine Filin to further develop its mobile app building technology and expand internationally. The iBuildApp platform allows anyone to...
Mar 12, 2014 | Central & Eastern Europe, News
HELSINKI, March 12 (Reuters) – (Reuters) – Finnish start-up Next Games has raised $6 million in funding in the latest of several venture capital investments in the Nordic country’s booming mobile games industry, the company said on Wednesday. Founded...
Mar 11, 2014 | Central & Eastern Europe, News, Russia
Moscow Times March 11, 2014 City Hall has bought Argumenty i Fakty, one of Russia’s best-selling weekly newspapers, a source familiar with the situation said Tuesday. Argumenty i Fakty’s chief editor, Nikolai Zyatkov, told Interfax that he does not expect...