Google’s Russian Subsidiary To File For Bankruptcy

Reuters reports:

Google’s Russian subsidiary plans to file for bankruptcy after the authorities seized its bank account, making it impossible to carry on operations, a Google spokesperson said on Wednesday.

Alphabet Inc’s Google has been under pressure in Russia for months for failing to delete content Moscow deems illegal and for restricting access to some Russian media on YouTube, but the Kremlin has so far stopped short of blocking access to its platforms.

A TV channel owned by a sanctioned Russian businessman said in April that bailiffs had seized 1 billion roubles ($15 million) from Google over its failure to restore access to its YouTube account, but this is the first time the U.S. tech giant has said its bank account as whole has been seized.

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