Sci & Tech
Russia Fines Google More Money Than There Is In Entire World
A Russian court has fined Google two undecillion roubles – a two followed by 36 zeroes – for restricting Russian state media channels on YouTube.
In dollar terms that means the tech giant has been told to pay $20,000,000,000,000,000,000,000,000,000,000,000.
Despite being one of the world’s wealthiest companies, that is considerably more than the $2 trillion Google is worth.
In fact, it is far greater than the world’s total GDP, which is estimated by the International Monetary Fund to be $110 trillion.
The fine has reached such a gargantuan level because – state news agency Tass says – it doubles every day it is not paid.
According to Tass, Kremlin spokesman Dmitry Peskov admitted he “cannot even pronounce this number” but urged “Google management to pay attention.”
A fine mess
Russia media outlet RBC reports the fine on Google relates to the restriction of content of 17 Russian media channels on YouTube.
While this started in 2020, it escalated after Russia’s full-scale invasion of Ukraine two years later.
That saw most Western companies pull out of Russia, with doing business there also tightly restricted by sanctions.
Russian media outlets were also banned in Europe – prompting retaliatory measures from Moscow.
This development is the latest escalation between Russia and the US tech giant.
In May, 2021, Russia’s media regulator Roskomnadzor accused Google of restricting YouTube access to Russian media outlets, including RT and Sputnik, and supporting “illegal protest activity”.
Then, in July, 2022, Russia fined Google 21.1bn rouble (£301m) for failing to restrict access to what it called “prohibited” material about the war in Ukraine and other content.
There is virtually no press freedom in Russia, with independent news outlets and freedom of expression severely curtailed.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
News2 weeks agoPlane Carrying Raila Odinga Becomes World’s Most Tracked Flight as Kenya Airways Honors Him With Special Call Sign ‘RAO001’
-
Business1 week agoSafaricom’s Sh115 Trillion Data Breach Scandal: How Kenya’s Telecom Giant Sold Out 11.5 Million Customers
-
Investigations2 days agoVISA CARTEL EXPOSED: Community Leaders Demand Immediate Arrests as Immigration Boss Allegedly Boasts of Weekly Political Kickbacks
-
Investigations3 days agoEXPOSED: The Visa Cartel Bleeding Kenyans Dry – How Immigration Boss Turned Government Office Into Personal Cash Cow
-
Investigations6 days agoDEATH TRAPS IN THE SKY: Inside the Sordid World of West Rift Aviation’s Deadly Corruption Cartel
-
Business2 weeks agoBillionaire: Inside Raila Odinga’s Vast Wealth
-
News2 weeks agoI Used To Sleep Hungry, But Today I Employ The Same People Who Once Laughed At My Poverty
-
News2 weeks agoMaurice Ogeta, Raila’s Bodyguard: The Shadow Who Became The Story
