Russia's Google has declared bankruptcy. At the beginning there was a Molotov cocktail on YouTube, at the end a confiscated bank account

Google’s Russian branch plans to file for bankruptcy due to insolvency. The reason is the blocking of bank accounts by the Russian authorities. As a result, the company is unable to pay wages to its employees and meet its obligations to business partners. A Google spokesman said the free services (Search, YouTube, Maps, Gmail, Android and more) would continue to work.

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According to official records, Google predicted bankruptcy on March 22, 2022. Since the Russian invasion of Ukraine, the company is under pressure, and Russian authorities have demanded the removal of “objectionable content” from the platforms operated by Google. As a typical example, there are instructions for making Molotov cocktails on YouTube. Google did not remove the content and received several fines from the Russian authorities – the amount is unknown, but we know of a fine of 7.2 billion rubles in December 2021.

According to unofficial sources, Russian executors confiscated Google’s financial funds in the amount of 1 billion rubles (ie less than 400 million crowns). Context: Russia’s Google reported revenue of 134.3 billion rubles last year.

Via Reuters

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