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Google’s Russian Subsidiary files for bankruptcy: Report
According to the latest report, Russia’s Interfax news agency quoted online court documents as saying that the Russian subsidiary of Alphabet’s Google has filed a bankruptcy declaration.
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In May, Google’s Russian subsidiary announced it would file for bankruptcy, saying authorities had seized the company’s bank accounts, preventing it from paying employees and suppliers.
In addition, Google was fined 15 million rubles by a Moscow court on the 16th because Google repeatedly refused to implement the relevant laws and regulations on the “data localization” of Russian individual users.