Eastern Europe / Tech
Nebius shares surge 50% after $17.4bn AI cloud deal with Microsoft
The shares of Nebius Group, the AI cloud company founded by Yandex co-founder Arkady Volozh, jumped 50% in after-hours trading on September 8 after the announcement of a major agreement with Microsoft.
Russian state Max messenger mandatory across all devices
As of September 1, the Max messenger of state-controlled internet major VK is legally prerequired to be preinstalled on every smartphone and tablet sold in Russia, as well as be featured mandatory on the Russian app store RuStore, including on Apple.
Migrants in Moscow spooked by government order to download geolocation app by Sept 1
“Amina” surveillance will inform interior ministry of guest workers’ exact whereabouts.
Russia builds major signals intelligence hub near Nato borders in Kaliningrad
Russia is constructing a large-scale signals intelligence facility near Chernyakhovsk, in the Kaliningrad exclave, less than 100 kilometres from the borders of Poland and Lithuania, United24 Media reported on August 24.
Russian government draws up action plan to tighten control over internet
The Russian government has approved a sweeping action plan mandating operators to monitor user activity and granting law enforcement agencies powers to restrict communication services.
T-Technologies posts 83% jump in revenue and near-doubling of net profit for Q2 2025
T-Technologies, formerly Tinkoff Bank and now the Russian technology group developing a financial and lifestyle ecosystem, reported a sharp increase in revenue and profits for the second quarter and first half of 2025.
Kyivstar to become first Ukrainian company listed on US stock exchange
Ukraine’s largest mobile operator, Kyivstar, is set to become the first Ukrainian company to list on a US stock exchange, with plans to debut on the Nasdaq later this year. The company could raise between $50mn and $200mn through the listing.
Russia rolls out AI to track street vendors St Petersburg
St Petersburg deploys AI to catch illegal street vendors with $600 fines. Mobile systems on patrol cars automatically detect unauthorised trading posts, with neural networks monitoring compliance.
Yango Group rolls out bilingual AI assistant ‘Yasmina’ in Oman
Russian tech-driven Yango Group launched Yasmina, its human‑like bilingual AI assistant, in Oman.
Kyrgyzstan remains tight-lipped over crypto exchange facilitating huge financial flows to sanctioned Russia
$9.3bn reportedly moved over four months.
Ukrainian cyberattack cripples Gazprom’s digital infrastructure
Ukrainian hackers have reportedly wiped servers, clouds and backups, crippling the control systems in an unprecedented cyberattack on Russia’s gas champion Gazprom.
Belarus drone breach prompts diplomatic protest from Lithuania
a Russian-made Gerbera drone entered Lithuanian airspace from Belarus and crashed about one kilometer inside Lithuania, close to the closed Šumskas border checkpoint.
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China overtakes US to become world’s R&D research leader on the back Trump’s academic research cuts
China’s lead over the United States in global scientific output has leapt, as new data shows that the gap between the two powers has more than quadrupled in the space of a year, according to Nature’s 2025 index of research papers leaders.
Crypto token launched in Kyrgyzstan by Moldovan oligarch facilitates sanctions-dodging billions for Russia, says report
“A7A5” said to be first stablecoin pegged to ruble. Russian defence sector bank also behind it.