Google's Moscow-based operations will file for bankruptcy, citing Russian authorities' seizure of its bank accounts in Russia.
Google posted a notice of intent to declare bankruptcy for its Russian subsidiary on Russia’s federal register on Wednesday, the company confirmed."We previously announced that we paused the vast majority of our commercial operations in Russia," a Google official told the Washington Examiner.
It's unclear how many employees are set to be affected by the bankruptcy or how many users in Russia could stand to be given a black screen. The Washington Examiner reached out to Google for comment on the matter. The technology giant will continue to provide free services, including"Search, YouTube, Gmail, Maps, Android and Play," because"people in Russia rely on our services to access quality information," the official said.The announcement is the latest in the Alphabet-owned company's spat with Russia. Last month, a Moscow court ordered the seizure of the equivalent of $15 million from Google rooted in content restrictions on YouTube, as reported by Reuters.
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