Home Closet “Runet Today, September 19, 2011. Experts of the issue: Dmitry Chistov, Roman Vasilenko

“Runet Today, September 19, 2011. Experts of the issue: Dmitry Chistov, Roman Vasilenko

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In the studio "Finam FM" – Roman Vasilenko, head and co-owner of the E-xecutive portal, and Dmitry Chistov, analyst at the Russian Association of Electronic Communications and editor in chief of Internet in Figures. Together with the host Maksim Spiridonov, they talk about the inevitable convergence of the Yandex.Money payment system and the traditional banking sector, the Site 2011 conference, the planned launch of a paid online library by Amazon, the prospect of strengthening the Russian authorities’ control over social networks, new functions of the Facebook social network and the postponement of its IPO.
1. Yandex.Money payment system is considering several options for obtaining a credit organization license in order to meet the requirements of the law "On the national payment system" in the future. Arkady Volozh, president of Yandex, told the Kommersant newspaper that there are three possible options for the company: buying a stake in a bank, bank participation in the capital of Yandex.Money or acquiring the status of a non-banking credit organization. Each of the schemes may be implemented with equal probability. According to sources close to the situation, the company is now in talks with several potential partners – both with possible investors in Yandex.Money and with banks willing to give up a stake in its business.
– Which scheme for obtaining a license will Yandex prefer?
– Dmitry Chistov : "Yandex has such a position : key things it does itself".
– Roman Vasilenko : "The easiest and fastest way for Yandex.Money would be to buy a bank."
– Traditional banks and electronic payment systems : points of convergence.

2. On September 15 and 16, the Digital October center in the capital hosted the Site 2011 conference, the third in a series of events under this brand. The conference was organized by the Russian Association for Electronic Communications and the company Ashmanov and Partners. The main subjects of "Site-2011" were web-development, communication between customers and performers of works on websites, promotion of internet-projects, primarily in the light of the socialization of the web. As part of the event, participants had the opportunity to talk to the experts they needed individually. Presentations were prepared not only by specialists in creating and promoting web projects, but also by clients, for example the report "Development of the new website of Rosgosstrakh" is worth mentioning. During the work of the conference sections they gave a live online broadcast.
– Who are internet themed conferences made for and how are they made?
– Dmitry Chistov : "The volume of Russian web development market in 2010 was 8-10 billion rubles".
– How did the web development market change over a year and a half? The situation in the capital and the regions.

3. On September 14, at a meeting of the Coordinating Council of CIS Prosecutors General in Minsk, Russian Prosecutor General Yury Chaika spoke in favor of the introduction of state control over social networks. This measure, he believes, is intended, among other things, to prevent mass riots like the ones that occurred in London in August. The Prosecutor General, however, noted that such control should be reasonable. Chayka’s opinion was echoed by his colleagues from Belarus and Kazakhstan.
– Have Russian authorities become more sensitive in their attempts to influence Runet?
– Dmitry Chistov : "Everything in the Internet is going to minimize anonymity, but there is no need to regulate the Internet with something beyond the current legislation."
– Roman Vasilenko : "The state is trying to shift the burden of censorship to the sites themselves."

4. Online retailer Amazon is about to open a large-scale digital library, The Wall Street Journal reports. Access to the repository of information is supposed to be provided on the basis of an annual subscription fee. According to officially unconfirmed reports, Amazon is in talks with publishers about including their products in the project’s base. A timeline for the library’s opening has not yet been announced.
– How much are Russian users really willing to pay for digital books (our Twitter poll)?
– Roman Vasilenko : "In Russia and in the world now is being tested the interaction between consumers and publishers of electronic books – who is ready to pay how much.
– Dmitry Chistov : "Google Books in Russia is not doing well at all yet".
– Annual subscription fee for full access to the library or buy each book separately, but inexpensively: which model is more attractive to Russians?

5. The social network Facebook has built a "Subscribe" button into its interface. It allows you to read the public updates of users without putting them in your list of friends. This method of obtaining information about the owner of the account in Facebook is valid only if he allowed to subscribe to his news. In addition, the administration of the service announced a feature close to "circles" in Google+. The so-called smart lists automatically divide user’s friends into three categories: friends, colleagues, classmates, while he himself retains the ability to change the composition of any of the groups manually. The date of the full implementation of the function is not specified.
– Where is Facebook heading in terms of functionality?
– Dmitry Chistov : "People who left for Google+ just because thousands can read them there can now do the same on Facebook."
– Roman Vasilenko : "For show business stars, for politicians, the subscription feature is a good tool."

6. According to The Financial Times, the social network Facebook is postponing its IPO until late 2012. Previously, the company was scheduled to go public in the first quarter of next year. Presumably, it is going to focus on improving the functionality of its service before the initial public offering, according to sources familiar with the company’s environment.
– Why did Facebook decide to hold off on going public?
– Roman Vasilenko: "The stock markets are "swinging" right now – indices are going up and down. This is one of the motives of the postponement."
– Dmitry Chistov : "Facebook has no problems with fundraising even without the IPO."
– Is Facebook hoping to grow its capitalization even more?

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