Current:Home > FinanceRussian court orders Google to pay $20 decillion for blocking media on YouTube: Reports -AssetScope
Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
View
Date:2025-04-14 02:09:57
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! (237)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- The Latest: With major party tickets decided, 2024 campaign is set to play out as a 90-day sprint
- Wisconsin man convicted in wrong-way drunken driving crash that killed 4 siblings
- Shabby, leaky courthouse? Mississippi prosecutor pays for grand juries to meet in hotel instead
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- 2024 Olympics: Ethiopia’s Lamecha Girma Taken Off Track in Stretcher After Scary Fall
- In late response, Vatican ‘deplores the offense’ of Paris Olympics’ opening ceremony tableau
- Fired Philadelphia officer leaves jail to await trial after charges reduced in traffic stop death
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- St. Vincent channels something primal playing live music: ‘It’s kind of an exorcism for me’
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- 1000-Lb. Sisters' Tammy Slaton Shares Glimpse at Hair Transformation
- 2024 Olympics: Runner Noah Lyles Exits Race in Wheelchair After Winning Bronze With COVID Diagnosis
- Flood damage outpaces some repairs in hard-hit Vermont town
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Deputies shoot and kill man in southwest Georgia after they say he fired at them
- Is yogurt healthy? Why you need to add this breakfast staple to your routine.
- DeSantis, longtime opponent of state spending on stadiums, allocates $8 million for Inter Miami
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Deputies shoot and kill man in southwest Georgia after they say he fired at them
Who is Nick Mead? Rower makes history as Team USA flag bearer at closing ceremony with Katie Ledecky
CeeDee Lamb contract standoff only increases pressure on Cowboys
North Carolina justices rule for restaurants in COVID
A win for the Harris-Walz ticket would also mean the country’s first Native American female governor
'This is fabulous': Woman creates GoFundMe for 90-year-old man whose wife has dementia
Taylor Swift cancels Vienna Eras tour concerts after two arrested in alleged terror plot