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Google’s Russian Subsidiary files for bankruptcy: Report

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According to the latest report, Russia’s Interfax news agency quoted online court documents as saying that the Russian subsidiary of Alphabet’s Google has filed a bankruptcy declaration.

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In May, Google’s Russian subsidiary announced it would file for bankruptcy, saying authorities had seized the company’s bank accounts, preventing it from paying employees and suppliers.

GoogleMoreover, the reports say that Russia has currently restricted users’ access to Twitter, Meta’s Facebook, and Instagram. Google and YouTube video hosting services, although under pressure, are still available.

In addition, Google was fined 15 million rubles by a Moscow court on the 16th because Google repeatedly refused to implement the relevant laws and regulations on the “data localization” of Russian individual users.

(via)


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