Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit Completed
Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include a search engine, online advertising technologies, cloud computing, software, and hardware.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit CompletedThe actual status of Google is hard to evaluate, since its services still work in Russia, but without generating any revenue. Google reportedly shared sensitive user data with sanctioned Russian company. Sberbank-owned RuTarget may have had access to IP addresses, location information, online activity, and more. Bankruptcy of Google LLC was started on 28/09/2022. In April of this year, the Federal Service of Bailiffs of the Russian Federation withdrew all funds from the accounts of the Russian legal entity Google, they were transferred to the deposit account of the service as a security measure for legal proceedings, according to the report of Google LLC for 2022. Google reportedly shared sensitive user data with sanctioned Russian company. Sberbank-owned RuTarget may have had access to IP addresses, location information, online activity, and more. Google fined $164,000 for failing to store user data inside Russia.
Google withdraws internship offers to foreign students in Russia, restriction of Google Pay for sanctioned banks, termination of advertising sales in Russia; а Moscow court accepted a bankruptcy application by Google's Russian subsidiary. Google has removed over 7,000 YouTube channels with links to China, Russia. The "Ъ" source in the Russian electronics market said that Google is increasingly refusing GMS (Google Mobile Services, which includes YouTube, Google Play, cards, etc.) licenses to domestic manufacturers of smartphones and tablets. According to him, as a result, vendors receive a Google license with the help of production sites that position "Russian" devices as international. Intel has officially joined Apple, which had previously refused to use metals from the Russian Federation in its devices. Google, which produces Pixel smartphones, and Microsoft, which produces game consoles, continue to use Russian tungsten, gold and tantalum in their gadgets. The United States has a ban on tantalum from the Russian Federation, but not a single company has been fined for such imports. Google began to massively block services for Russian companies. The Arbitration Court of Moscow has declared the Russian subsidiary of Google, LLC "Google," bankrupt, with debts totaling 53.6 billion Russian rubles. Google, Meta, Tiktok's debts removed from Russian state bailiffs' database.