AVentures Capital invest $1 mln. in Ukrainian-Based Divan.TV

AVentures Capital, along with several other private investors, are the first to invest into Divan.TV. Divan.TV is a new concept in the television experience. Divan will be targeting the Central Eastern European area. Adventures Capital has stated that their investment, at this time, has not exceeded $1 million.

Police Raid Russia’s Largest Porn BitTorrent Site

In 2010, Russian authorities seized the domain of the country’s biggest BitTorrent tracker, Torrents.ru, in copyright related action. Now, just over a year later, police have swooped on its sister site, Pornolab – Russia’s biggest porn tracker – and seized its servers. With the recent demise of two other huge adult trackers, it’s possible that Pornolab was the largest adult torrent site in the world.

DataArt Opens New European Headquarters in Kyiv

DataArt, a US custom software development firm that builds advanced solutions for select industries, announced the opening of a new development center in Kyiv bringing the total number of employees to more than 600 throughout its offices in North America and Eastern Europe. DataArt’s fifth R&D center, and its third in Ukraine, will become the company’s new European Headquarters.