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Bank of Russia

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    Russian strikes on Ukraine's data centers raise outage fears▼Russia is attacking Ukraine's data centers: Could the Internet go down, and will rates go up?✉newsTechnologyInternet17 h ago

    Reports say Russia is targeting Ukraine's data center infrastructure, raising concerns that internet connectivity could be disrupted and service or communication rates could rise. The strikes come amid ongoing attacks on Ukrainian critical infrastructure, and observers warn that damage to data facilities could affect banking, mobile networks and online services relied on by millions of Ukrainians.

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    Sberbank, led by chief executive Herman Gref, is acting as a co-organiser of the Moscow startup summit, according to Russian media reports. The news has drawn attention in Russia, with searches for Gref spiking as the country's largest bank deepens its involvement in the startup and technology ecosystem. No further details about the summit's programme or participants were provided in the reports.

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    Search interest in Sberbank Russia is rising amid renewed attention to rankings of the country's most profitable companies. Forbes has updated its list, and Tatneft has dropped out of the top ten most profitable Russian companies. Readers are discussing the shake-up among major Russian corporations and what it says about shifting profitability in the energy and banking sectors.

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    A subsidiary of Sber has been designated as the operator of the technological fee in Russia, according to reporting carried by business and regional media. The technological fee is an industry levy mechanism, and the choice of the state-affiliated bank's daughter company as its operator is drawing attention because it extends Sber's role in state infrastructure projects. Commentators are weighing what the appointment means for other market players and fee administration.