Uber, Yandex Ride-Sharing Services Can Merge in Russia, Regulator Rules

Uber, Yandex Ride-Sharing Services Can Merge in Russia, Regulator Rules

Uber and Yandex’s ride-sharing businesses can merge in Russia, anti-monopoly regulator FAS ruled on Friday, but stipulated that the combined company not bar drivers from working for competitors.

Uber and Yandex, often referred to as the “Google of Russia”, announced plans in July to combine operations in 127 cities in Russia, Armenia, Azerbaijan, Belarus, Georgia and Kazakhstan.

San Francisco-based Uber has agreed to invest $225 million (roughly Rs. 1,454 crores) while Yandex will contribute $100 million (roughly Rs. 647 crores) into a new joint company in which Yandex will own 59.3 percent.

The two companies must allow their partners, drivers and passengers to work for or use competitors’ services and fully inform users of the legal entity providing the service, the FAS said in a statement.

Yandex said consumers would be able to use both Yandex.Taxi and Uber apps, while their driver apps will be integrated, leading to shorter passenger wait times, increased driver utilisation rates, and higher service reliability.

The companies aim to close the deal in January 2018, after the New Year holidays in Russia, Yandex said in a statement.

Moscow-listed Yandex was up 3.47 percent as of 11:23am GMT.

It said the anti-monopoly regulator in Belarus had also approved the deal while a decision by the Kazakh regulator was pending.

[“Source-gadgets.ndtv”]

Russia Detains Nine ‘Hackers’ Over $17 Million Bank Thefts

Russia Detains Nine 'Hackers' Over $17 Million Bank Thefts

Russia Detains Nine ‘Hackers’ Over $17 Million Bank Thefts
Russia has detained nine people alleged to be part of a cybercrime ring accused of stealing some $17 million dollars from bank accounts, the interior ministry said Wednesday.

The detentions followed a nationwide manhunt. The FSB security agency launched a major operation last year against the alleged 50-strong “hacker group” that pilfered more than RUB 1 billion ($16.8 million, EUR 15.8 million) since 2013, the statement said.

“Nine individuals suspected of participating in hacking attacks were detained on January 25,” ministry spokeswoman Irina Volk said. One was placed under arrest.

A total of 27 members and organisers are being investigated, with 19 of them now under arrest in pre-trial jail, the ministry said.

Unnamed security sources on Wednesday told Russian agencies that the latest arrests are connected to a case against legendary hacking collective Lurk that was targeted by law enforcement agencies in a sweep last year.
According to cyber-security giant Kaspersky, the group was reportedly suspected of stealing some three billion rubles from commercial organisations that included banks.

Russian hackers are in the spotlight over their alleged involvement in cyber-attacks targeting the US presidential election campaign but experts say the vast majority of cybercrime in the country is financial.

The FSB itself is also currently caught up in another murky scandal that has seen at least two of its top cyber-security experts arrested for treason linked to the United States, a lawyer involved in the case has said.

That treason case has also seen the arrest of Ruslan Stoyanov – the head of Kaspersky’s cyber-security unit that probed Lurk.

Tags: Cyber Attack, Internet, Russia

[“Source-Gadgets”]

Norway Accuses Russia of Cyber-Attack

Norway Accuses Russia of Cyber-Attack

 Norway’s foreign ministry, army and other institutions were targeted in a recent cyber-attack by a group suspected of ties to Russian authorities, Norwegian intelligence – which was among the targets – said Friday.

Known as APT 29, the group singled out by Oslo has already been accused of hacking interference in the US election last year.

“Nine different email accounts were targeted in an attempt at what is called spear phishing, in other words malicious emails,” Arne Christian Haugstoyl, an official with Norway’s intelligence service PST, told television channel TV2.

“It’s difficult to know what the goal” of the operation was, he said, adding that Norway was alerted to the attack by an allied country.

He described APT 29 as a group “with links to the Russian authorities”.

PST spokesman Martin Bernsen, quoted by daily Verdens Gang (VG), said there was “no reason to believe that classified information had been obtained in connection with the attack.”

In addition to the foreign ministry, the army and PST itself, the attack – the date of which was not disclosed – also targeted the Norwegian radiation protection agency, a school and the parliamentary group of the Labour party, the traditionally dominant political party in Norway but which is currently in opposition.

Legislative elections are scheduled for September 11, though no link has been made to the vote.

Norway, a NATO member, and its neighbour Russia normally enjoy good relations but ties have grown more tense in the wake of the Ukraine crisis.

The Scandinavian country on Wednesday summoned the Russian ambassador to lodge a protest after Moscow refused visas to two senior lawmakers in a move Oslo denounced as “unjustifiable”.

Russia said the visa refusal was a reaction to Norway’s participation in EU economic sanctions against it over the Ukraine crisis.

Moscow was also angered by the recent deployment of some 300 US soldiers on Norwegian soil.

Tags: Norway, Russia, Internet, Cyber Attack

[“Source-Gadgets”]

Russia Asks Apple, Google to Remove LinkedIn From App Stores

Russia Asks Apple, Google to Remove LinkedIn From App Stores

Russia Asks Apple, Google to Remove LinkedIn From App Stores
Accusing LinkedIn of flouting local laws that require Internet firms to store data on citizens within the nations borders, the Russian authorities have asked Apple and Google to remove the professional networking site app from their online stores.

Recently, a Russian court blocked the Microsoft-owned LinkedIn service for breaching the country’s data protection rules.

According to The New York Times, Apple has confirmed that it was asked to remove its LinkedIn app in Russia about a month ago.

“However, Google has not confirmed if it had removed LinkedIn in Russia but said that it adhered to Russian local laws,” the report added.

Meanwhile, LinkedIn responded that the company was “disappointed” with the decision by Russian regulators to block the service.
“It denies access to our members in Russia and the companies that use LinkedIn to grow their businesses,” Nicole Leverich, a spokeswoman for LinkedIn, was quoted as saying.

LinkedIn has several million users in Russia.

Earlier this week, Apple removed the New York Times from its app store following a request from Chinese authorities claiming the app was in violation of regulations.

China is known for banning digital sites like Facebook and Google that it believes harm its national security or promote misinformation. The Wall Street Journal’s Chinese-language site has been blocked since 2014.

For the latest coverage from the Consumer Electronics Show in Las Vegas, visit our CES 2017 hub.
Tags: Russia, LinkedIn, Microsoft, Apps, Social

[“source-smallbiztrends”]