Apple App Store Pulls Russian Social Network VKontakte

Apple pulling Russian social media platform VK, long known as VKontakte, from the App Store means users who already have the application on their iPhones will no longer get security or performance updates. Olga MALTSEVA AFP
Apple pulling Russian social media platform VK, long known as VKontakte, from the App Store means users who already have the application on their iPhones will no longer get security or performance updates. Olga MALTSEVA AFP
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Apple App Store Pulls Russian Social Network VKontakte

Apple pulling Russian social media platform VK, long known as VKontakte, from the App Store means users who already have the application on their iPhones will no longer get security or performance updates. Olga MALTSEVA AFP
Apple pulling Russian social media platform VK, long known as VKontakte, from the App Store means users who already have the application on their iPhones will no longer get security or performance updates. Olga MALTSEVA AFP

Apple on Wednesday confirmed that it removed popular Russian social network VKontakte from its App Store globally due to sanctions imposed by Britain.

The British government on Monday sanctioned 92 Russian individuals and entities after President Vladimir Putin's regime held referendums in Moscow-controlled areas of Ukraine -- denounced by Kyiv and its allies as a "sham" -- and stepped up threats against the West, AFP said.

"Sham referendums held at the barrel of a gun cannot be free or fair and we will never recognize their results," British Foreign Secretary James Cleverly said in a statement.

The sanctions target "those behind these sham votes, as well as the individuals that continue to prop up the Russian regime's war of aggression," he said.

San Petersburg-based tech firm VK said in a blog post that some of its applications were no longer available from the App Store, which serves as the lone gateway for content onto Apple mobile devices.

VK apps are used for messaging, digital payments and grocery shopping as well as social networking.

The VK apps removed from the App Store were being distributed by developers controlled or majority-owned by parties sanctioned by the UK government, and Apple is complying with the law, according to the Silicon Valley tech giant.

Apple said that it terminated developer accounts associated with the apps, which were not available from the App Store regardless of users' locations.

People who have already installed the apps on devices can still use them, but updates will no longer be provided through the App Store, according to Apple and VK.

"Their core functionality will be familiar and stable," VKontakte-parent VK said of the apps.

"There may be difficulties with the work of notifications and payments."



EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
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EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo

The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.

The program, called Tech EU, is meant to help Europe compete with China and the United States in the race for innovative clean and digital technologies.

The EIB, the biggest multilateral lender in the world with a balance sheet total of 556 billion euros, expects its own 70 bln euros to mobilize a further 250 billion euros of private cash as investors crowd into projects supported by the EIB, Reuters quoted EU officials as saying.

The 70 billion is to be split into 20 billion euros for equity and quasi-equity, 40 billion euros for loans and 10 billion for guarantees in 2025-2027, the officials said.

The plan is to complement European Commission efforts to support higher risk ventures and innovative companies throughout their investment journey, from proof of concept to an initial public offering.

The EIB wants to focus on supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defense technologies, robotics and advanced materials, the officials said.