Category: ukraine

Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest

Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating.…

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$100 million… Leta Capital wants to be a friend to Russia-speaking founders everywhere

It’s become increasingly obvious over the last few years, as Vladimir Putin has tightened his grip on his country, that Russian entrepreneurs who want to engage properly with the rest of the world have had to leave their mother country. Gone are the days when a startup in Russia might…

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‘S.T.A.L.K.E.R. 2’ gameplay teaser previews the game’s 2021 launch

S.T.A.L.K.E.R.: Shadow of Chernobyl was announced in 2001 and didn’t ship until 2007, so news that S.T.A.L.K.E.R. 2 is preparing for a 2021 release more than ten years after it was originally announced is fitting. Presumably first-person shooter play… Source

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Ukraine catches hacker who tried to sell 773 million stolen email addresses

Today, the Security Service of Ukraine (SSU) announced that it has detained the hacker, known as Sanix, who caused a stir last year for trying to sell a database with 773 million email addresses and 21 million unique passwords. Officials say that 87-… Source

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Uber subsidiary Careem to slash workforce by 31%, suspends bus transport app

Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its workforce by 31% and suspending its mass transportation business due to affects from the COVID-19 pandemic. The layoffs will affect more than 530 employees. Employees who are laid off will receive at least…

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Uber Eats exits seven markets, transfers one as part of competitive retooling

Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also transferring its Uber Eats business operations in the United Arab Emirates (UAE) to Careem, its wholly owned ride-hailing subsidiary that’s…

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