Current:Home > NewsRussian court orders Google to pay $20 decillion for blocking media on YouTube: Reports -WealthRoots Academy
Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
View
Date:2025-04-12 05:53:36
A Russian court is demanding that Google pay $20 decillion American dollars after several of the country's TV channels and media outlets were blocked from YouTube, according to multiple reports.
The fine, which is 20 with 33 zeros attached, is a 37-digit figure. The excessive number comes from a Moscow court that imposed it after 17 of the country's TV channels and media platforms were blocked from YouTube, which Google owns, Russian news outlet RBC reported.
The blocking of the channels occurred after Russian President Vladimir Putin ordered the invasion of Ukraine in 2022. The fine is significantly more than Google's market value of $2.15 trillion, but not higher than a googol, which contains 100 zeroes.
Google's name was inspired by the word "googol" in 1997 after initially being called "BackRub," Business Insider reported.
“Although it is a specific amount, I cannot even say this number, it is rather filled with symbolism,” Kremlin spokesman Dmitry Peskov told NBC News. "The company should not restrict our broadcasters on their platform. This should be a reason for the Google leadership to pay attention to this and improve the situation.”
USA TODAY contacted Google and the Kremlin on Thursday but did not immediately receive a response.
Secretary of State Antony Blinken:8,000 North Korean troops in Kursk could join Ukraine war in days
Google's fine from Russia could get bigger
The case against Google began in 2020 when the tech giant blocked channels belonging to Wagner Group mercenary chief Yevgeny Prigozhin and oligarch Konstantin Malofeev, both of whom are strong supporters of Putin, according to NBC News. The case expanded and the fine increased when YouTube banned more channels following Russia's invasion of Ukraine in 2022, per the outlet.
Google's Russian legal entity, Google LLC, filed for bankruptcy in June 2022, RBC reported. In November 2023, the court declared Google bankrupt, the outlet said.
To avoid further financial punishment, Google would need to restore the YouTube channels within nine months, with a fine of 100,000 rubles (around $1,000) being enforced each day of non-compliance, RBC reported. This amount doubles every week until Google abides by the order, and there is no limit on the amount of the fine, the outlet said.
Alphabet: 'We have ongoing legal matters relating to Russia'
Alphabet, Google's parent company, had a 1.2% decrease in premarket trading after closing about 3% higher Wednesday when the company released its quarterly earnings.
In the "Legal Matters" section of Alphabet's third-quarter earnings release, the company said, "We have ongoing legal matters relating to Russia. For example, civil judgments that include compounding penalties have been imposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties.”
Alphabet added, “We do not believe these ongoing legal matters will have a material adverse effect.”
veryGood! (77)
Related
- Meta releases AI model to enhance Metaverse experience
- Catholic Bishops in the US Largely Ignore the Pope’s Concern About Climate Change, a New Study Finds
- Olympic Swimmer Ryan Lochte and Wife Kayla Welcome Baby No. 3
- The ripple effects of Russia's war in Ukraine continue to change the world
- In ‘Nickel Boys,’ striving for a new way to see
- Suspect charged in Gilgo Beach serial killings cold case that rocked Long Island
- Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
- In a Bold Move, California’s Governor Issues Ban on Gasoline-Powered Cars as of 2035
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Stars of Oppenheimer walk out of premiere due to actors' strike
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- An activist group is spreading misinformation to stop solar projects in rural America
- Health concerns grow in East Palestine, Ohio, after train derailment
- Missed the northern lights last night? Here are pictures of the spectacular aurora borealis showings
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Do work requirements help SNAP people out of government aid?
- Inflation eased again in January – but there's a cautionary sign
- WHO declares aspartame possibly carcinogenic. Here's what to know about the artificial sweetener.
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Warming Trends: Where Have All the Walruses Gone? Plus, a Maple Mystery, ‘Cool’ Islands and the Climate of Manhattan
The IRS now says most state relief checks last year are not subject to federal taxes
Reporter's dismissal exposes political pressures on West Virginia Public Broadcasting
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Maluma Is Officially a Silver Fox With New Salt and Pepper Hairstyle
In a New Policy Statement, the Nation’s Physicists Toughen Their Stance on Climate Change, Stressing Its Reality and Urgency
The ripple effects of Russia's war in Ukraine continue to change the world