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Google Russia filed for bankruptcy after Russian government seized assets

Google Russia filed for bankruptcy after Russian government seized assets

 


May 18, 2022 | Topic: Google

Google confirmed on Wednesday that Google Russia has filed for bankruptcy following the seizure of assets by the Russian government. However, Google will continue to make free services such as search, YouTube, Gmail, maps, Android and Play available to Russian users, the company told ZDNet.

The Wall Street Journal first reported that Google was moving Russia-based employees elsewhere when the Russian office was closed.

“The seizure of Google Russia’s bank account by Russian authorities has prevented the Russian office from functioning, including hiring and paying Russian-based employees, paying suppliers and vendors, and fulfilling other financial obligations.” A Google spokeswoman said in an email. Statement to ZDNet.

Google had previously announced that it would suspend most of its commercial activities in Russia after Russia invaded Ukraine. It also stopped selling advertising and cloud computing services in Russia, but YouTube has blocked access to channels globally associated with Russian state media because it reported the intrusion.

Russia’s military action is at odds with many social media platforms and other tech companies, as both sides of the conflict are trying to influence its trajectory under the control of the Internet.

Sources

1/ https://Google.com/

2/ https://www.zdnet.com/article/google-russia-to-file-for-bankruptcy-after-russian-government-seizes-assets/

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