Technology

Google's Russian subsidiary to file for bankruptcy after bank account seized

Google's Russian subsidiary to file for bankruptcy after bank account seized

Google’s Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and vendors, but free services including search and YouTube will keep operating, a Google spokesperson said on Wednesday. The Alphabet Inc unit has been under pressure in Russia for months for failing to delete content Moscow deems illegal and for restricting access to some Russian media on YouTube.

Click here to read more -->
×