9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
In Russia, Google’s daughter Google filed for bankruptcy with the Moscow Arbitration Court. According to Ukrinform, this was reported by Interfax with reference to the filings of arbitration
According to Ukrinform, this was reported by Interfax with reference to the filings of arbitration cases.
Earlier, on May 18, Google issued a notice notifying the federal source of its intent to file an arbitration tribunal to declare its own bankruptcy. The Russian company said it had “made its own bankruptcy and inability to meet its monetary obligations” from March 22, 2022.
Then, Google’s press service explained that the seizure of Google’s bank account by Russia made it impossible for the Russian office to operate, including keeping employees and wages in Russia, paying suppliers and contractors, and other financial obligations.
At the same time, Google reported that the company will continue to offer free services such as “Search”, YouTube, Gmail, “Maps” and Google Play to users from Russia.
As reported, Google in Russia imposed a revolving fine of more than 7.2 billion rubles, which the company had to pay by March 19, on the allegations of Roskomnadzor. In May, enforcement officers sued Google for imposing a rotary fine. The company has also faced multiple fines for failing to remove banned content from its sites, including YouTube.
In addition, several lawsuits were filed against the Russian “daughter” of Google in an arbitration court, where the plaintiffs were Russian media.
Google LLC was registered in 2005. According to the results of 2021, the Russian company’s revenue was 134.3 billion rubles, while the company received a net loss of 26 billion rubles (this is the first loss of the company since at least 2009).
On February 24, Russia launched a new phase of the eight-year war against Ukraine – a full-scale offensive. The enemy carries out intense shelling and shelling of peaceful Ukrainian towns and villages. The Armed Forces, the National Guard, the Territorial Defense Forces and the entire Ukrainian people inflict heavy losses on the invaders.
After the start of the war, Russia was subjected to large-scale sanctions by the world community, which had a negative impact on the Russian economy.
Photo: Jakub Porzycki / NurPhoto via Getty Images
Source: Ukrinform
I’m Maurice Knox, a professional news writer with a focus on science. I work for Div Bracket. My articles cover everything from the latest scientific breakthroughs to advances in technology and medicine. I have a passion for understanding the world around us and helping people stay informed about important developments in science and beyond.
