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“IT outsourcing for democracy” – Ukraine launches promotion campaign in the US

The Ukrainian Embassy to the United States will begin a campaign to support IT outsourcing to the country during its crisis with Russia. The slogan of the campaign, set to begin with an event at Ukrainian embassy in Washington, D.C. on April 29, is “Increase Profits. Support Democracy. Cloudsource to Ukraine.” IT outsourcing has become …

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Coppertino raises $500,000 from AVentures, TA Venture and Torben Majgaard

Coppertino, a Los Angeles-based startup with Ukrainian origins, announced today that it has raised half a million dollars at an undisclosed valuation from leading Ukrainian investment firms AVentures and TA Venture as well as from Torben Majgaard, the Danish founder of Ukrainian IT-outsourcing company Ciklum. Founded in 2011 by Petro Bondarevskyi and Ivan Ablamskyi, Coppertino has maintained its R&D …

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Russian and Ukrainian VCs team up to invest in US software startup

As Russia and Ukraine were escalating to a new level of mutual threats and recriminations earlier this week, venture funds offered a welcome illustration that nationalism has not completely spoiled relations between the two countries. A leading Kiev-based fund, AVentures Capital, has teamed up with two Russian funds, Almaz Capital and ABRT, to inject $3.25 …

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Ukraine’s TA Venture and Russia’s ABRT team up to invest in UK startup Zesty

Zesty, a London-based service for booking medical appointments online, announced today that it has obtained $2 million in funding at an undisclosed valuation from Ukrainian VC TA Venture and Russian VC ABRT Fund. The company – which was backed at the seed stage by Luxembourg-based VC Mangrove Capital Partners, – says that it will use the new …

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Is Crimea part of Russia? – Answers found on Facebook, Vkontakte, Yandex differ; Wikipedia changes its mind

Three weeks after Russia asserted that Crimea and the city of Sebastopol have become part of its territory, Facebook and Russian-language social network Vkontakte still categorize the inhabitants of these regions as being located in Ukraine. Meanwhile, two other major social networks, Odnoklassniki (Classmates) and Moi Mir (My World), have already classified them as being part …

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Pro-Ukrainian hackers break into Russian State Duma website

The cyber-war between participants of the Russian-Ukrainian conflict carries on. Yesterday evening hackers posted an anti-Russian message on the webpage of the Russian State Duma’s Committee on Regional Politics and Problems with the North and Far East, on behalf of Russian Communist Party member Nikolay Kharitonov. The message was about how “all of the power of …

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Ukrainian IT community calls for government reforms to help create innovative Ukraine

Yevgen Sysoyev and Eugene Leng, partners of Ukrainian VC fundAVentures Capital have led the working group that prepared a proposal for Ukrainian government to boost its innovation industry called Strategic National Project “Innovation Ukraine”. In an open letter, which also included names of the working group members – representatives of Internet, Outsourcing and IT community of …

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Polish government announces $100 million fund to support Ukrainian small companies

Poland is to put $100 million (300 million zloty) into supporting small Ukrainian companies, which will obviously include tech companies by implication, and allow more Ukrainian companies to list on its stock exchange. “We do this to support the new Ukrainian industry, new business and build a new middle class,” President Bronislaw Komorowski told Polish newspaper …

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Crimean accelerator packing its bags as region moves to embrace Russian ideals

The Crimean region’s only startup accelerator Ant-Lab, located in Sevastopol, recently closed its doors because the owner did not want to be taken over by Russia, according to Ant-Lab owner Igor Petrov. Petrov was in the middle of packing up to move to Kiev when contacted by Geektime and he told us that a Russian takeover …

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Russian government paper’s site taken down by pro-Ukraine hackers

Hackers have taken down several Russian media website in the past week and alleged attacks on defense infrastructure in response to Russia’s actions in Ukraine. Among the latest victims, on March 7, was the website of Rossiyskaya Gazeta, one of the largest Russian dailies, the paper of record of the Russian government, and the parent …

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Russia’s telecom regulator blocks access to “terrorist” pro-Maidan social media content

Russia’s Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor) announced yesterday that it has blocked access to 13 virtual communities of Ukrainian organizations on Vkontakte.ru (also known as VK.com), the leading Russian-language social network. “These communities promoted the activity of Ukrainian nationalist groups, including open calls for the …

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