Russian search and ad giant Yandex reports 2024 revenue up 37% YoY to a record ~$12.3B and expects 2025 revenue up 30%+, after splitting from Nebius Group
Amsterdam-based Nebius, which rebranded itself from Russian internet giant Yandex and offers cloud services for AI, raised $700M from Nvidia, Accel, and others
Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate …
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin , @giacomotognini , ...
Elliptic: pro-Ukraine causes received $200M+ in crypto donations in the last year, with $80M+ sent directly to Ukraine's government; Russian entities got ~$5M
Plus updates on all the big names, including Binance and FTX … Crypto's impact on geopolitical issues does not often make for uplifting reading.
SpaceX's Starlink increases the price for new Ukrainian customers to $700, far above the $385 cost from earlier in 2022; monthly subscriptions rise to $75
Cost of communications devices made by Elon Musk-owned SpaceX set to rise due to Russian assault on electricity grid
A look at Ukraine's thriving tech sector amid war; National Bank of Ukraine: tech firms brought in $3.1B in revenue from January to May 2022, up from $2.5B YoY
David Segal / New York Times : Tweets: @dlepeska and @moatazr Tweets: David Lepeska / @dlepeska : Daryna Hameliak, who generates leads at Avenga, once hastily ended a sales call at her parents' home ...
Filing: Elon Musk acquires a 9.2% stake in Twitter, worth ~$2.89B at Friday's market close, becoming its largest shareholder; Twitter shares rise 27.2%
You may have already heard the news that shocked the internet yesterday... Michelle Chapman / TIME : Elon Musk Will Join Twitter's Board of Directors Yashu Gola / Cointelegraph : Elon Musk's Twitter i...
Russian IT services and security provider Softline raises $400M in London and Moscow IPOs, valuing the company at about $1.5B
Alexander Sazonov / Bloomberg :
Russian IT services and security provider Softline Holding sets a price range of $7.50-$10.50 for its London and Moscow IPOs, valuing it at as much as $1.93B
Yuliya Fedorinova / Bloomberg :
Russian e-commerce company Ozon says it will apply for a banking license to expand its fintech services, and plans to offer loans to merchants
Max Seddon / Financial Times :