Digital Sky Technologies

What’s really going on at

Two senior figures have checked out of one of Russia’s most successful internet companies in a matter of days. Is it natural turnover for, or are analysts who suggest the company may have reached its peak right?

Does Spotify Need $100M To Crack America?

Much-vaunted European music service Spotify has been craving a move to the United States for a long time — but has been stuck in tough negotiations with American labels. But its plans could receive a huge boost if rumors of a $100m investment prove accurate. IPO to Give Mortals a Stake in Facebook, Zynga, the Russian holding company formerly known as Digital Sky Technologies, has filed for an initial stock offering on the London stock exchange, one that could give the company a market value as high as $6 billion. The company has investments in both Facebook and Zynga.

DST: A Mutual Fund of Hot Startups, With a Russian Accent

Russian investment fund Digital Sky Technologies is expected to go public sometime next year, according to reports. The company owns stakes in several of the hottest Internet companies around, including Facebook, social-game maker Zynga and group-buying site Groupon, as well as several leading Russian Internet companies.

Facebook-Backer DST May Go Public Next Year

Will Facebook backer Digital Sky Technologies go public before Facebook? The Russian internet investment group, which has accumulated a five…

DST to Take ICQ Off AOL's Hands for $187.5M

AOL is finally offloading ICQ, to a newly familiar name in the tech investing space, Digital Sky Technologies, for $187.5 million. Back in another era — in 1998 — AOL paid $407 million to buy ICQ.

No Discount on Groupon for New Investors

Collective buying site Groupon has taken $135 million from DST and Battery Ventures, valuing it at more than $1 billion. It has now raised more than $170 million, with previously projected revenue of $100 million for 2010.

Facebook Employees Cash Out $200M in Shares

It seems Facebook employees are welcoming the invitation to get rich. The new tech IPO market, aka Russian Internet holding company Digital Sky Technologies, has upped its stake in Facebook to more than 5 percent through employee stock sales, according to Russian outlet Kommersant.