Russian court orders $14.7 billion from Google to cover fines, iXBT reports
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Summary
Russian authorities have repeatedly fined Google for failing to remove prohibited content and for non-compliance with Russian laws governing foreign IT companies, according to iXBT and The Insider. Google was declared bankrupt in October 2023, after which a bankruptcy process began, as reported by iXBT. The Russian court ordered $14.7 billion to be deducted from Google to cover fines, as iXBT reported. More than $404 million was allocated for employee salaries, according to The Insider.
Key facts
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According to preliminary information
DevelopingPreliminary information; it may change as the story develops.
iXBT states: Russian authorities ordered $14.7 billion to be deducted from Google to cover fines, according to iXBT.
Sources for this fact
Supports
3 sources: Frank Media, iXBT, The Insider
All materials (3)
- Frank Media · · Google погасила штрафы на 16,8 млрд рублей за счет российской «Гугл» (Original publication)
- iXBT · · Российский «Гугл» выплатил 16,8 миллиарда рублей штрафов за американский Google (Original publication)
- The Insider · · С обанкротившегося российского «Гугла» взыскали 16,8 млрд рублей на погашение штрафов американской Google (Original publication)
iXBT states: Google was declared bankrupt in October 2023, after which a bankruptcy process began, according to iXBT.
Sources for this fact
Supports
2 sources: iXBT, The Insider
iXBT states: The bankruptcy process started with a monitoring phase in November 2022.
iXBT states: The Russian court extended the bankruptcy case to April 2027.
Sources for this fact
Supports
1 source: iXBT
iXBT states: Russian authorities have repeatedly fined Google for failing to remove prohibited content and for non-compliance with Russian laws governing foreign IT companies, according to iXBT and The Insider.
Sources for this fact
Supports
2 sources: iXBT, The Insider
iXBT states: Among the major fines, Google was fined 7.2 billion rubles in late 2021 for repeated violations of rules for restricting access to illegal content and 21.7 billion rubles for failing to remove materials that Russian authorities deemed to be fake news about Russian military actions.
The Insider states: More than $404 million was allocated for employee salaries, according to The Insider.
Sources for this fact
Supports
3 sources: Frank Media, iXBT, The Insider
All materials (3)
- Frank Media · · Google погасила штрафы на 16,8 млрд рублей за счет российской «Гугл» (Original publication)
- iXBT · · Российский «Гугл» выплатил 16,8 миллиарда рублей штрафов за американский Google (Original publication)
- The Insider · · С обанкротившегося российского «Гугла» взыскали 16,8 млрд рублей на погашение штрафов американской Google (Original publication)
Timeline
- Updated: new information was added. - More than $404 million was allocated for employee salaries, according to The Insider. (developing)
Sources
Every source of this story with its tier and affiliation. Several reports by one source count as one.
iXBT
T2 · established media · company · international
T2 · established media · company · international
The Insider
T2 · established media · independent · international
Versions and corrections
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