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Igor Linshits subsequently took an active role in the development of the business. The company started to operate under its present name on 16 October 2001. The subsidiary will include about a quarter of the group's shareholding in Facebook, stakes in Russia's two biggest social networking sites and
By the way, deletion requests don't necessarily mean your data will actually be deleted (e.g.
The business was originally owned by Port.ru, a company founded in 1998 by Eugene Goland, Michael Zaitsev and Alexey Krivenkov as spin-off from Data Art. Attempts to fund the company's expansion in 2000-2001 were thwarted by the collapse of the technology bubble and had to seek merger partners.
It received an initial investment of USD 1 million from the well-known investor (and fencing champion) James Melcher. In 2001 Yuri Milner, then managing Net Bridge (the owner of less popular internet brands) persuaded the well-known entrepreneur Igor Linshits to back a merger of the business with Net Bridge. As of 2009 The IPO will offer a stake of about 17% of the subsidiary.
A member of the Leaked Source group told me that about half of the passwords -- around 12 million -- were easily cracked using readily available cracking tools.
That's because, according to the group's blog post, the sites "all used some variation of MD5 with or without unique salts," an algorithm that is considered insecure by today's standards.