Apple, Google, Meta and Netflix combined would lose between 1 percent to 2 percent of their multibillion-dollar revenues if they were to remove all of their services from Russia, according to one estimate
that “it would be devastating” for the tech industry if Taiwan was cut off and “the entire guts of the network infrastructure for communications” would suffer.
“From Google’s perspective, there’s a lot of money to be made by maintaining access to the Russian market,” said Justin Sherman, a fellow at the Atlantic Council’s Cyber Statecraft Initiative, pointing out that between 80 and 85 percent of Russians use YouTube.amounting to about $800 million that year. By comparison, itin 2020, which has about half the population of Russia. And both are eclipsed by Google’s revenue streams in the U.S. and the Asia Pacific region.
“People in Russia are using FB and IG to protest and organize against the war and as a source of independent information,”, president of global affairs for Meta. “We believe turning off our services would silence important expression at a crucial time.”
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