
The Russian subsidiary of Alphabet’s Google announced plans to file for bankruptcy in May after authorities seized its bank account, making it impossible to pay staff and vendors.
“The Russian authorities’ seizure of Google Russia’s bank account has made it untenable for our Russia office to function…”
Therefore, Google Russia has filed for bankruptcy,” the spokesperson said.
Russia has restricted access to Twitter and Mebankruptcyta Platforms Inc’s flagship social networks, Facebook and Instagram.
Google and its YouTube video hosting service, though under pressure, remain available for now.
Moscow, in particular, objects to YouTube’s treatment of Russian media, which it has blocked.
This report’s information was first seen on Reuters; to read more, click this link.
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