The Discreet Techie on the Radar
Business Today Sri Lanka|May 2024
Everyone knows Mark Zuckerberg from Facebook and Elon Musk from X. But there isn’t much known about Pavel Durov, the founder and owner of messaging app Telegram. He has been an enigma, just like his creation. Of Russian birth, his first creation was a social networking site called VK, which he operated from Russia. An advocate of free speech, it was not long before the Russian authorities were at his doorstep. Leaving his country of birth, Pavel created Telegram in 2013. He remained out of the spotlight, operating from Dubai, eventually emerging from the shadows after seven years to tell his story and distance himself from the specter of his birth country.
Jennifer Paldano Goonewardane
The Discreet Techie on the Radar

From the US government allegedly trying to surreptitiously hire one of his engineers to an attack on the streets of San Francisco after meeting with Twitter founder Jack Dorsey to being met by FBI agents at the airport, Pavel Durov has felt the pressure of running Telegram as an independent platform. Born in Russia in 1984, Pavel was somewhat of a prodigy growing up, studying in Italy until the fall of the Soviet Union when his family returned to Russia for his father to accept an assignment at the Saint Petersburg State University. He and his brother Nikolai were passionate about coding and designing, and returning to Russia with an IBM PC XT in the early 1990s opened the door for the siblings to teach themselves programming. His older brother Nikolai is a world-renowned mathematician and programmer who helped Pavel cofound VK and Telegram.

At 21, he launched VK in Russia, his version of a social networking app similar to Facebook, which became the most popular social networking site in Russia, Ukraine, Belarus, Kazakhstan, and several former USSR countries. VK was his baby,both the boss and the employee who did the coding and designing and dealt with customers, a platform that grew to 100 million users.

Bu hikaye Business Today Sri Lanka dergisinin May 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Today Sri Lanka dergisinin May 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS TODAY SRI LANKA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Argentina Rebounds: Record USD 888M Trade Surplus Marks Economic Turnaround
Business Today Sri Lanka

Argentina Rebounds: Record USD 888M Trade Surplus Marks Economic Turnaround

In October 2024, Argentina recorded a remarkable trade surplus of USD 888 million, marking a significant recovery from the USD 442 million trade deficit in October 2023. This shift in trade dynamics underscores Argentina's economic resilience and the effectiveness of recent policy measures aimed at bolstering exports and managing imports.

time-read
2 dak  |
December 2024
Global Logistics Costs to Grow by 12 percent and hit USD 14.4 Trillion by 2029
Business Today Sri Lanka

Global Logistics Costs to Grow by 12 percent and hit USD 14.4 Trillion by 2029

AIthough companies actively work to reduce logistics costs, they remain a significant expense on their income statements. In 2024, businesses across the globe collectively spent USD 12.8 trillion on logistics, USD 330 billion more than last year, and this massive figure will become even bigger in the next five years.

time-read
2 dak  |
December 2024
Heart To Heart Trust Fund: Saving Lives for a Decade
Business Today Sri Lanka

Heart To Heart Trust Fund: Saving Lives for a Decade

As the Heart To Heart Trust Fund celebrates a decade of transforming lives, it remains a testament to the power of community, compassion, and unwavering dedication.

time-read
5 dak  |
December 2024
Driving Sustainable Finance: The Partnership Between the IMF, the World Bank, and Bloomberg Philanthropies
Business Today Sri Lanka

Driving Sustainable Finance: The Partnership Between the IMF, the World Bank, and Bloomberg Philanthropies

In an era where sustainable development is no longer a choice but a necessity, the International Monetary Fund (IMF) and the World Bank are pioneering a new path in global finance. With the support of Bloomberg Philanthropies, their joint efforts are not just transforming economies but reshaping how the world views sustainable growth. As IMF Managing Director Kristalina Georgieva succinctly put it, \"This is how we do it\" a bold declaration of leadership and action in the face of unprecedented global challenges.

time-read
2 dak  |
December 2024
Trump Victory fuels 40 percent Surge in Dogecoin Millionaires
Business Today Sri Lanka

Trump Victory fuels 40 percent Surge in Dogecoin Millionaires

Following Donald Trump's 2024 presidential victory, Dogecoin (DOGE) experienced a significant boost, both in price and in the number of millionaire wallets.

time-read
2 dak  |
December 2024
President Dissanayake Urges IMF to Strike a Balance in Economic Recovery Program
Business Today Sri Lanka

President Dissanayake Urges IMF to Strike a Balance in Economic Recovery Program

The Government of President Anura Kumara Dissanayake reaffirmed its readiness to collaborate with the International Monetary Fund (IMF) to advance Sri Lanka's economic recovery within the context of the mandate. Peter Breuer, Senior Mission Chief and the IMF delegation met with President Dissanayake and key ministers of the newly-formed government at the Presidential Secretariat, to discuss the next steps in the IMF program.

time-read
1 min  |
December 2024
Historic Donald Trump Comeback Creates Over 11,000 new Bitcoin Millionaires
Business Today Sri Lanka

Historic Donald Trump Comeback Creates Over 11,000 new Bitcoin Millionaires

While Bitcoin (BTC) attempted a breakout already as Americans were casting their ballots, the true rally came once President-Elect Donald Trump's lead in the electoral college started becoming overwhelming.

time-read
2 dak  |
December 2024
Responsibility at the Heart of Power: President Dissanayake's Call to Action for Ministers
Business Today Sri Lanka

Responsibility at the Heart of Power: President Dissanayake's Call to Action for Ministers

The Weight of Responsibility - President Dissanayake highlighted the importance of wielding the immense power granted to ministers with responsibility. He reminded the new Cabinet Ministers that their victory marks the beginning of a collective journey toward uplifting the nation.

time-read
1 min  |
December 2024
BOC PBT is up by 66 percent in Third Quarter of 2024
Business Today Sri Lanka

BOC PBT is up by 66 percent in Third Quarter of 2024

In the first nine months of 2024, the Bank of Ceylon skillfully navigated Sri Lanka's complex economic terrain. The Bank achieved a remarkable Profit Before Tax (PBT) of 37.6 billion rupees, a substantial 66 percent increase over the same period in the previous year. This exceptional performance highlights the Bank's resilience and adaptability in the face of volatile market conditions and numerous challenges.

time-read
2 dak  |
December 2024
Top Trends Tourists Prioritize when Selecting a Destination
Business Today Sri Lanka

Top Trends Tourists Prioritize when Selecting a Destination

The tourism industry has experienced a fundamental shift in recent years, largely influenced by changing traveler preferences and new insights from Online Travel Agencies (OTAs), the World Tourism Organization (WTO), and digital channel managers. As destinations and providers look to cater to these evolving demands, understanding the primary trends is essential for tapping into the modern traveler mindset.

time-read
6 dak  |
December 2024