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Google’s Russian branch filed for bankruptcy after bank account was seized

Google’s Russian branch filed for bankruptcy after bank account was seized

 


This story is part of the war in Ukraine, CNET coverage of what happened there, and its wider impact on the world.

Google’s subsidiary in Russia has filed for bankruptcy after the national government seized a bank account.

“The seizure of Google Russia’s bank accounts by Russian authorities has led to the hiring and payment of Russian-based employees, payments to suppliers and vendors, and the fulfillment of other financial obligations,” a Google spokeswoman said in a statement. The Russian office has stopped working. ” ..

Google will maintain free services such as search, YouTube, maps, and Gmail available to Russians, the company said.

Google stopped advertising in Russia in March because Russian authorities requested it to stop displaying ads about Russia’s invasion of Ukraine.

Since late February, many companies have reduced their operations in Russia. For example, Apple stopped selling products there and stopped trading online. Intel has ceased operating in Japan. Microsoft has stopped selling products and services there. Nokia has withdrawn from the Russian market.

Sources

1/ https://Google.com/

2/ https://www.cnet.com/tech/services-and-software/googles-russian-branch-to-file-for-bankruptcy-after-bank-account-seized/

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