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Russia

Zuckerberg, Medvedev Discuss Facebook's Future In Russia

Russian Prime Minister Dmitry Medvedev (left) receives a T-shirt from Facebook CEO Mark Zuckerberg during their meeting.
Russian Prime Minister Dmitry Medvedev (left) receives a T-shirt from Facebook CEO Mark Zuckerberg during their meeting.
Russian Prime Minister Dmitry Medvedev and visiting Facebook founder Mark Zuckerberg met in Moscow on October 1 to discuss ways to boost the social networking site's position in the Russian market.

A spokeswoman for the Russian prime minister said the two talked about the development of IT technology in Russia, copyright issues, and start-ups in Skolkovo – the technology hub outside Moscow that has been championed by Medvedev as a Russian equivalent of Silicon Valley.

Russia is one of the few major countries in the world where Facebook is not the No. 1 social network.

It lags behind Russia's most popular social network, VKontakte, which is aimed firmly at Russian-speakers.

Medvedev has been promoting himself as the main proponent of a drive to give Russia a more innovation-based economy. 


Based on reporting by RIA Novosti and AFP
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by: Jack from: US
October 01, 2012 18:12
Facebook is a basket case. Facebook IPO is a classic example of scamming small investors. Facebook has no viable business model, its usage is declining and its "active users" count is grossly inflated. A good indication of where Facebook is going is the fact that major US corporations are blocking Facebook for its internal intranet users. Unlike Google which is a major vendor for big US corporations

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