Is Google finally becoming serious in approaching the Korean market? Joop Dorresteijn reports that blogging platform TNC has been acquired by Google today; making them the first acquired company by Google in Korea. (who’s counting anyway) TNC offers a blogging platform similar to Automatic, the application behind WordPress. Source: TheNextWeb
According to The White African Blog, a new Ad network has been launched called Pamoja Media. Started by Joshua Wanyama (of AfricanPath) and Benin Mwangi (of Cheetah Index), it’s an ad network created to serve advertisers trying looking for a one-stop-shop for publishers in Africa, or that reach Africans in
Both WebProNews and Bloomburg are reporting on the comments made by Vladimir Dolgov, Head of Google Russia, that online ad sales will jump fivefold in Russia to reach $1 billion in 2010. In 2010, Google believes its operations in Russia could be tapping a billion dollar Internet advertising market. 2007
Techcrunch reports of Ex-Yahoo SVP and General Manager of Search Vish Makhijani becoming Yandex CEO have been denied by the company in a press release today. Vish Makhijani has indeed joined Yandex but in the position of President and CEO of their new US technology and business development facility, “Yandex
Russian President Dmitry Medvedev joined calls for the country to be assigned an Internet domain name in the Cyrillic script, reports the Moscow Times on Wednesday as part of a Kremlin drive to promote Russian as a global language. He said 300 million people worldwide used Russian media and that
The Moscow Times reports that Turkmenistan has begun to allow private citizens to connect to the internet. The national internet provider, Turkmentelekom, said on Thursday that it has been connecting up to 20 homes a day since the announcement, mainly in the capital city of Ashgabat. It has a waiting
Aegis Group plc has bought AdWatch in Russia to make the UK media buyer’s digital marketing unit Isobar the country’s number one in online media. Moscow headquartered AdWatch, founded in 2000, has gross assets of €9.5m and works for clients such as Microsoft, VTB Bank, SUN Interbrew, Canon and Rolf.
The Moscow Times reports that Yandex, the largest search engine in Russia, plans to raise $1.5b to $2b in a New York IPO this fall. Their source has said that these expectations are based on a preliminary valuation of Yandex at $5 billion. Meanwhile Google is looking to improve their
Joop Dorresteijn has started a series of posts which aim to explore the South Korean internet market. The series is not complete yet but one to bookmark if you’re looking for information on one of the most active internet markets globally. Introduction to the South-Korean web series A profile of
As we reported back in February 2007, ICANN is still attempting to delete the obsolete SU (Soviet Union) extension but having little success. While they have managed to decommission the .YU (Yogoslavia) extension successfully they are finding rebellion among Russian webmasters, ISPs and the Registry itself. To bring you up