DST's Yuri Milner makes big bets on social media companies and brings new clout -- along with a mysterious oligarch backer -- to Silicon Valley.
Yuri Milner has 50 friends on Facebook. Mark Zuckerberg is one of them. They met a couple of years ago when Zuckerberg, the Facebook founder and CEO, was trying to learn more about a Russian social network that Milner partly owned. Then, in the spring of MOREJessi Hempel, writer - Oct 4, 2010 3:00 AM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. While that's our job -- awesome, right? -- we realize our readers may not have the same luxury. To save you the trouble, we've assembled the weekend's most newsworthy bits below.
With a traffic increase MOREJP Mangalindan, Writer - Sep 13, 2010 8:05 AM ET
Smartphones linked to a big Belgian heist are being unloaded in batches of 100
Russian bloggers report that Apple (AAPL) iPhones in mint condition are being offered in batches of 100 at "knockdown" prices to wholesalers in Moscow's notorious Gorbushka electronics marketplace.
Because the phones are unlocked and have Belgian model numbers they are believed to be swag from the largest iPhone heist to date -- an industrial-scale B&E in which thieves MOREPhilip Elmer-DeWitt - Nov 30, 2009 6:56 AM ET
Despite heavy advertising and early black market interest, Apple's (AAPL) iPhone is an expensive flop in Russia, according to a reportposted Thursday by Svetlana Gladkova.
Gladkova, Russian editor of the tech blog Profy.com, writes that Russia's three major carriers cut a deal with Apple last year that requires them to sell a total of 3.5 million iPhones over a period of two to three years.
But in the first 6 months after MOREPhilip Elmer-DeWitt - Jul 30, 2009 10:30 AM ET
There are 29 colorful little buttons displayed on Apple's "Coming Soon" page -- its official list of countries where the iPhone 3G is scheduled to launch before the end of the year -- and carriers in some of those countries have let it be known that their launch day is Friday, Sept. 26.
Whether the phone will come to the entire list -- which runs the alphabetical gamut from Botswana to MOREPhilip Elmer-DeWitt - Sep 25, 2008 12:34 PM ET
Hats off to Silicon Alley Insider for their continued coverage of the overseas iPhone market.
Last week, Henry Blodget plucked a pseudonymous post from a New York Times comment stream and re-published what may be the smartest analysis to date of what's driving the extraordinary demand for iPhones overseas, especially in emerging markets (see "Tantrum" here).
Today, Dan Frommer treats us to an informal survey of the going rate for those iPhones MOREPhilip Elmer-DeWitt - Apr 8, 2008 2:25 PM ET
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|GM's recalled Cobalt was a failure from the start|
|Stocks end week up over 2%|
|Detroit pension cuts hit civilian workers hardest|