Articles by Timofei Dzyadko



VKontakte Copyright Violator Faces 6-Year Term

The first criminal case for copyright violation has been opened against a user of the social network VKontakte, the Interior MinistryТs press service has reported. The accused faces up to six years in prison.

Sberbank Looks to Buy Stake in Detsky Mir

Sberbank may become a co-owner of Detsky Mir by buying part of an additional share emission, according to an announcement on the Federal Anti-Monopoly Service's web site at the end of last week.

Citizenship Hurdle for Svyazinvest Candidate

Vadim Semyonov, the Communications and Press Ministry's nominee for CEO of Svyazinvest, has dual citizenship, and that could complicate a job that requires Russian security clearance.

Odnoklassniki Founder to Sell His Stake to DST

Odnoklassniki founder Albert Popkov is planning to sell his stake in the social network, allowing Digital Sky Technologies to bring its share in the company to 100 percent.

DST, Prof-Media Bid for ICQ

Two Russian companies, Digital Sky Technologies and Prof-Media, have made binding offers for the instant messaging platform ICQ, as has China's Tencent.

Proposal to Integrate National Payment System With Cell Phones

Cell phone companies could share subscriber data with banks to operate mobile-based payment systems if President Dmitry Medvedev is won over by a proposal from Mikhail Fridman of Alfa Group.

Mystery Money Pushes Yota Expansion

Yota's owner Skartel, which has been providing high-speed wireless Internet service since this summer, expects to become a nationwide operator covering 180 cities in Russia within three years.

Skartel Looks to Expand Nationwide

Skartel, which has been providing high-speed wireless Internet service since this summer, expects to become a nationwide operator covering 180 cities in Russia within three years.

$287M Resort Plan For South of France

A pool of Russian investors bought 400 hectares of land from a French citizen in La Chaume, about 70 kilometers from Nice and eight kilometers from Entrevaux.

Motorolas in Short Supply

The U.S. handset maker says it has all but stopped selling phones to the Russian market, but it plans a return in the fall.

Troika Clients Earn Big on Ruble Fall

As the ruble plummeted last fall, Troika DialogТs clients received an offer that was hard to refuse Ч an interest rate of up to 39 percent for letting the investment bank place their cash with French lender BNP Paribas.  

DST to Buy $100M Of Facebook Shares

The technology investor’s offer values the social networking site at $6.5 billion, less than when DST bought a stake in May.