Russia's Richest Man Wants to Be Your Email Provider

Mail.ru Group has practically conquered the Russian market. The Internet portal runs some of the most popular email, messaging and social networking services in the country. It also has a sizable stake in VKontakte, Russia's largest social network, and Qiwi, a digital-payments provider that went public earlier this year.

American Internet companies, beware: The Russians are coming. Today, Mail.ru plans to launch My.com, a suite of communication and entertainment applications designed for mobile devices. Users will get an @my.com email address (not to be confused with Apple's defunct Me.com) as well as free instant-messaging services and online games. Read more...