{"id":16057,"date":"2024-11-03T00:29:46","date_gmt":"2024-11-03T00:29:46","guid":{"rendered":"https:\/\/news.godj.com\/news\/russia-fines-google-more-than-entire-worlds-gdp\/"},"modified":"2024-11-03T00:29:46","modified_gmt":"2024-11-03T00:29:46","slug":"russia-fines-google-more-than-entire-worlds-gdp","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/russia-fines-google-more-than-entire-worlds-gdp\/","title":{"rendered":"Russia fines Google more than entire world&#8217;s GDP"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">A Russian court has fined Google two undecillion roubles &#8211; a two followed by 36 zeroes &#8211; for restricting Russian state media channels on YouTube.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">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.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Despite being one of the world&#8217;s wealthiest companies, that is considerably more than the $2 trillion Google is worth.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In fact, it is far greater than the world\u2019s total GDP, which is estimated by the International Monetary Fund to be $110 trillion.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The fine has reached such a gargantuan level because &#8211; as <!-- --><a target=\"_blank\" href=\"https:\/\/tass.com\/economy\/1864291\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">state news agency Tass has highlighted<!-- --><\/a> &#8211; it is rapidly increasing all the time.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">According to Tass, Kremlin spokesman Dmitry Peskov admitted he &#8220;cannot even pronounce this number&#8221; but urged &#8220;Google management to pay attention.&#8221;<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The company has not commented publicly or responded to a BBC request for a statement.<!-- --><\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\"><a target=\"_blank\" href=\"https:\/\/www.rbc.ru\/technology_and_media\/29\/10\/2024\/671fd2389a794726b01d3af3\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">Russia media outlet RBC reports<!-- --><\/a> the fine on Google relates to the restriction of content of 17 Russian media channels on YouTube.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">While this started in 2020, it escalated after Russia&#8217;s full-scale invasion of Ukraine two years later.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">That saw most Western companies pull out of Russia, with <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/world-europe-60125659\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">doing business there also tightly restricted by sanctions<!-- --><\/a>.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Russian media outlets were also banned in Europe &#8211; <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c1vvdry5gx7o\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">prompting retaliatory measures from Moscow<!-- --><\/a>.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In 2022, Google\u2019s local subsidiary was declared bankrupt and the company has stopped offering its commercial services in Russia, such as advertising.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">However, its products are not completely banned in the country.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">This development is the latest escalation between Russia and the US tech giant.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In May, 2021, Russia\u2019s media regulator <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/technology-57241779\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">Roskomnadzor accused Google of restricting YouTube access to Russian media outlets<!-- --><\/a>, including RT and Sputnik, and supporting &#8220;illegal protest activity&#8221;.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Then, in July, 2022, <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/business-62214564\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">Russia fined Google 21.1bn rouble<!-- --><\/a> (\u00a3301m) for failing to restrict access to what it called &#8220;prohibited&#8221; material about the war in Ukraine and other content.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">There is virtually no press freedom in Russia, with independent news outlets and <!-- --><a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/world-europe-65347833\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">freedom of expression<!-- --><\/a> severely curtailed. <!-- --><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/cdxvnwkl5kgo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Russian court has fined Google two undecillion roubles &#8211; a two followed by 36 zeroes &#8211; 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&#8217;s wealthiest companies, that is considerably more than the $2 trillion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[6539,2123,6540,1913,1797,3833],"class_list":["post-16057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","tag-entire","tag-fines","tag-gdp","tag-google","tag-russia","tag-worlds"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/16057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=16057"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/16057\/revisions"}],"predecessor-version":[{"id":16059,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/16057\/revisions\/16059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/16058"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=16057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=16057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=16057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}