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Russian Banking Giant Sber Makes Massive Pivot to Tech

November 30, 2020

Sberbank, Russia’s largest bank and the 33rd-biggest on earth, has made a huge pivot to tech, as it bids to revamp its image for the digital age. Today the Moscow-headquartered firm inaugurated…

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Eugene Kaspersky Launches Tourism Accelerator, Takes Aim at Russian Hackers

May 14, 2020

If Russian cybersecurity magnate Eugene Kaspersky rarely steps away from a challenge, this week has been even more combative than usual. On Tuesday the Moscow-based chief of Kaspersky Lab gave an interview…

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St Petersburg’s Startups Must Continue to Bootstrap, as Russia’s Economy Limits Investors to Moscow

November 27, 2017

St Petersburg is Europe’s fourth largest city, with 5.3 million inhabitants. It dwarfs other continental hubs like Berlin, Barcelona, Lisbon and Stockholm. But one of the three that outweighs it is Moscow.…

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Ukrainian Innovators Make Break for Energy Independence

June 21, 2017

Amid the fallout of Ukraine’s continued eastern conflict, its energy sector has come under intense scrutiny. The 2014 annexation of Crimea wrested a huge amount of energy potential away from the former…

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Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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