Nokia and Samsung found themselves in the mess again – this time a group of 14 Russian record labels and music publishing companies saying that the Finnish and Korean mobile giant, among others, have been breaking their country’s laws since 2010, according to Russian publication Gazeta.ru. The companies owes 1.2 billion rubles (about $41 million), according to the...

Russian oligarch Alisher Burkhanovich Usmanov, the Muscovite who controls the Metalloinvest metals and mining company, is one of the richest man in the...

The world’s largest micro-blogging site Twitter joined hand with Russian search engine Yandex for the real-time information sharing partnership, Reuters reports. With the new agreed “joint partnership” Yandex will now show new tweets in its search results almost at the same time, as the way Twitter becomes an increasingly important source of real-time information...

Facebook’s S-1 is finally out last week with a bang, ending all the speculations running in the market from the past few days and states how much stock company founder Mark Zuckerberg, investors, employees and others own in the company. Facebook has raised a total of $2.4 billion in funding and seeks to raise as much as $5 billion in a public offering. With a newly...