Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000

V

vokazu

Legend
www.euronews.com

Russia fines Google more than the world’s total GDP over YouTube bans

Russia fined Google $20,000,000,000,000,000,000,000,000,000,000,000 - that’s 2.5 trillion trillion trillion dollars after the US tech giant took action against Putin's propaganda.
www.euronews.com www.euronews.com

Russia fined Google $20,000,000,000,000,000,000,000,000,000,000,000 - that’s 2.5 trillion trillion trillion dollars after the US tech giant took action against Putin's propaganda.

Google has been fined in Russia for removing Russian TV channels from YouTube. The size of the penalty, however, swelled to an unprecedented level over the past 4 years, since the court case started in Russia against the tech giant.

The violations cost the tech giant 2 undecillion rubles or $20 decillion (a 33-digit figure), according to lawyer Ivan Morozov, cited by Russian state news agency TASS.

To put that into perspective, global GDP reaches an estimated $110 thousand billion (12-digit figure), according to the IMF.

Another expert cited by the Russian news agency, Roman Yankovsky, from the HSE Institute of Education, told TASS that Google "clearly will not pay this penalty, and the Russian Federation will not be able to recover this money from the company."


A short calculation shows that he is right. Google's holding company, Alphabet, has a market capitalisation of slightly more than $2 trillion. Even with earnings of $80.54 billion (€73.96 billion) from the last quarter, the tech giant doesn’t seem to be able to afford to pay the fine.

Any claims made by the Russian government are only viable domestically.

British tech newspaper The Register reported that the amount has been calculated after a four-year court case which was triggered by YouTube having banned the ultra-nationalist Russian channel Tsargrad in 2020 in response to the US sanctions imposed on its parent company.


Google hasn’t replied immediately to Euronews Business’ request for comment.
 
The fine is a manifestly symbolic one for Google's censorship and it did the trick by garnering a lot of attention.
 
vokazu said:
www.euronews.com

Russia fines Google more than the world’s total GDP over YouTube bans

Russia fined Google $20,000,000,000,000,000,000,000,000,000,000,000 - that’s 2.5 trillion trillion trillion dollars after the US tech giant took action against Putin's propaganda.
www.euronews.com www.euronews.com

Russia fined Google $20,000,000,000,000,000,000,000,000,000,000,000 - that’s 2.5 trillion trillion trillion dollars after the US tech giant took action against Putin's propaganda.

Google has been fined in Russia for removing Russian TV channels from YouTube. The size of the penalty, however, swelled to an unprecedented level over the past 4 years, since the court case started in Russia against the tech giant.

The violations cost the tech giant 2 undecillion rubles or $20 decillion (a 33-digit figure), according to lawyer Ivan Morozov, cited by Russian state news agency TASS.

To put that into perspective, global GDP reaches an estimated $110 thousand billion (12-digit figure), according to the IMF.

Another expert cited by the Russian news agency, Roman Yankovsky, from the HSE Institute of Education, told TASS that Google "clearly will not pay this penalty, and the Russian Federation will not be able to recover this money from the company."


A short calculation shows that he is right. Google's holding company, Alphabet, has a market capitalisation of slightly more than $2 trillion. Even with earnings of $80.54 billion (€73.96 billion) from the last quarter, the tech giant doesn’t seem to be able to afford to pay the fine.

Any claims made by the Russian government are only viable domestically.

British tech newspaper The Register reported that the amount has been calculated after a four-year court case which was triggered by YouTube having banned the ultra-nationalist Russian channel Tsargrad in 2020 in response to the US sanctions imposed on its parent company.


Google hasn’t replied immediately to Euronews Business’ request for comment.
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Putin gov't try to be normal challenge (IMPOSSIBLE)
 
Sudacafan said:
To defend their national interest, Russia should only accept payment in USD and in hard cash.
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Cold hard cash?

financial-crisis.jpg
 
Sudacafan said:
Shouldn't that be 2.0 trillion, etc., etc. USD?

This is terrible, anyways.
So when is Google expected to file for bankruptcy?
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I doubt that Google's Russian business is worth that much. The Russian state is in a catastrophic war and could not appear in courts outside Russia.
 
Your beloved Trudeau stands tall with Canada's Ukrainians. Is that why you like him?

Dan Lobb said:
I doubt that Google's Russian business is worth that much. The Russian state is in a catastrophic war and could not appear in courts outside Russia.
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vokazu said:
Google has been fined in Russia for removing Russian TV channels from YouTube.
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Google is an American company with no current presence or operations in Russia. Russia has no jurisdiction to impose fines over American companies.
Putin should have better things to do other than announce meaningless judgements.
:rolleyes:
Google previously had offices in Russia, specifically in Moscow, where it operated until recent developments led to significant changes.

Current Status of Google in Russia​

  1. Bankruptcy Filing: In May 2022, Google Russia filed for bankruptcy after the Russian government seized its bank account, making it impossible for the office to function effectively. This seizure was part of ongoing tensions between the company and Russian authorities, which included fines for failing to comply with local regulations regarding content moderation
  2. Withdrawal of Staff: Following the financial constraints, Google moved most of its staff out of Russia. Many employees relocated to other countries, particularly Dubai, as the company ceased most of its operations in the region
  3. Official Closure: By October 2023, Google's Russian subsidiary was officially declared bankrupt by a Moscow court, marking a complete withdrawal from the Russian market
  4. Availability of Services: Despite the closure of its offices and operations, many of Google's free services, such as Search, YouTube, and Gmail, continue to be accessible in Russia
In summary, while Google once maintained a significant presence in Russia, it has since exited the market due to governmental pressures and financial difficulties.
 
Google is a part of the American surveillance state, as Croc would say, so Russia does not need it.

Better_Call_Raul said:
Google is an American company with no current presence or operations in Russia. Russia has no jurisdiction to impose fines over American companies.
Putin should have better things to do other than announce meaningless judgements.
:rolleyes:
Google previously had offices in Russia, specifically in Moscow, where it operated until recent developments led to significant changes.

Current Status of Google in Russia​

  1. Bankruptcy Filing: In May 2022, Google Russia filed for bankruptcy after the Russian government seized its bank account, making it impossible for the office to function effectively. This seizure was part of ongoing tensions between the company and Russian authorities, which included fines for failing to comply with local regulations regarding content moderation
  2. Withdrawal of Staff: Following the financial constraints, Google moved most of its staff out of Russia. Many employees relocated to other countries, particularly Dubai, as the company ceased most of its operations in the region
  3. Official Closure: By October 2023, Google's Russian subsidiary was officially declared bankrupt by a Moscow court, marking a complete withdrawal from the Russian market
  4. Availability of Services: Despite the closure of its offices and operations, many of Google's free services, such as Search, YouTube, and Gmail, continue to be accessible in Russia
In summary, while Google once maintained a significant presence in Russia, it has since exited the market due to governmental pressures and financial difficulties.
Click to expand...
 
Bartelby said:
Google is a part of the American surveillance state, as Croc would say, so Russia does not need it.
Click to expand...

Our favourite Larry King Show was broadcast by RT Russian TV.
Granted Larry was an extremist liberal but Larry said Russia never once censored his content.
  1. Co-founding Ora TV: After leaving CNN in 2012, Larry King co-founded Ora TV, a digital network.
  2. Deal with RT America: In May 2013, RT America (formerly known as Russia Today) announced a deal with Ora TV to broadcast King's show "Larry King Now." This agreement allowed RT to air the online program four times a week.
  3. New Show Creation: In addition to "Larry King Now," RT created a new show called "Politics with Larry King."
  4. Editorial Control: Throughout this partnership, King maintained that he had editorial control over his content and valued the principle of free speech. He emphasized that Ora TV licensed the shows to RT, clarifying that he did not work directly for the network.
  5. Controversy: King's involvement with RT sparked controversy due to the network's reputation as a Russian state-funded outlet. Critics questioned his decision to partner with them.
 
Things were different back then, but these days Larry King would be locked up by the Americans.

Better_Call_Raul said:
Our favourite Larry King Show was broadcast by RT Russian TV.
Granted Larry was an extremist liberal but Larry said Russia never once censored his content.
  1. Co-founding Ora TV: After leaving CNN in 2012, Larry King co-founded Ora TV, a digital network.
  2. Deal with RT America: In May 2013, RT America (formerly known as Russia Today) announced a deal with Ora TV to broadcast King's show "Larry King Now." This agreement allowed RT to air the online program four times a week.
  3. New Show Creation: In addition to "Larry King Now," RT created a new show called "Politics with Larry King."
  4. Editorial Control: Throughout this partnership, King maintained that he had editorial control over his content and valued the principle of free speech. He emphasized that Ora TV licensed the shows to RT, clarifying that he did not work directly for the network.
  5. Controversy: King's involvement with RT sparked controversy due to the network's reputation as a Russian state-funded outlet. Critics questioned his decision to partner with them.
Click to expand...
 
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