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Russia Nabs 'Blackhole' Hacking Suspect

2013-10-11 21:35:51| TechNewsWorld

Police in Russia have arrested a man suspected of masterminding a pair of famous hacking tools -- the Blackhole and Cool exploit kits, favorites among cybercriminals looking to install malware. Russian authorities have been mum on the situation, but security firms have reported a decline in the programs' use. Also, Alexander Gostev of Kaspersky Lab said anonymous sources confirmed the arrest.

Tags: russia suspect hacking nabs

 

Russia plans state-backed Web search engine named after Sputnik: report

2013-10-11 20:07:55| Telecom - Topix.net

State-controlled telecoms group Rostelecom plans an internet search engine named after the Sputnik satellite, Vedomosti newspaper said on Friday, though analysts said the aim to muscle into the highly competitive Russian market was doomed.

Tags: search web report plans

 
 

VTB to sell 50% stake in Tele2 Russia

2013-10-11 14:27:00| Telecompaper Headlines

(Telecompaper) Russian VTB group plans to sell a 50 percent stake in mobile operator Tele2 Russia to a group formed by three Russian investors, reports Digit.ru citing VTB chairman Yury Solovyov. One of the companies is a subsidiary of the Bank of Russia, the second investor is related to Alexander Mordashov, Russian businessman. The size of the deal totals over USD 1.8 billion.

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Deutsche Bank, Russia fund to invest in Rostelecom

2013-10-11 09:58:00| Telecompaper Headlines

(Telecompaper) The Russian Direct Investment Fund (RDIF) and Deutsche Bank announced a joint investment in Russia's national telecom operator, Rostelecom. The two parties will invest a total of RUB 7.674 billion on a parity basis, which will be used to further develop and strengthen the company's market position. All boards have approved the deal. The investors will acquire 72.2 million shares in Rostelecom from its subsidiary Mobitel. The deal also includes call and put options giving Rostelecom a portion of any profits from an increase in value of the shares. As part of the same terms the investors will receive protection against a decrease in the price of the shares. RDIF, a subsidiary of Vnesheconombank, said the Russian economy and its growing demand for broadband offer a good opportunity for investment. The deal also capitalizes on the recent changes in Rostelecom's corporate governance and development strategies, following its merger with the state telecoms holding company Svyazinvest.

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RUSSIA: Abrau-Durso sets targets for still wine production - report

2013-10-10 14:19:00| Daily beverage news and comment - from just-drinks.com

Abrau-Durso, the Russian wine producer, is entering the still wine market with plans to produce eight varieties under its Homestead Divnomorskoye brand, according to reports.

Tags: report production sets wine

 

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