May 8, 2024

Athens News

News in English from Greece

Russian Google on the verge of bankruptcy

Google has begun the process of bankruptcy of its Russian “daughter” “Google Russia”. The company’s bank account has been confiscated.

The federal resource explains that the bankruptcy is connected with the arrest of the company’s bank account, which has been subject to record fines in Russia. The arrest made it impossible for the company’s Russian office to operate. The press service of the company reports:

“At the same time, we know that people in Russia rely on our services to access quality information, and we will continue to provide free services such as Search, YouTube, Gmail, Maps, Android and Play to our users.”

Subsidiary of Google in Russia, writes cnn.gr, which is preparing to file for bankruptcy, is facing serious problems – it cannot pay its suppliers and employees.

A subsidiary of Alphabet Inc. has been under pressure in Russia for months after failing to remove content deemed illegal by Moscow and blocking some Russian media outlets from accessing YouTube.

The Kremlin has not yet blocked access to the company’s services.



Source link

Verified by MonsterInsights