Current:Home > StocksRussian court orders Google to pay $20 decillion for blocking media on YouTube: Reports -Visionary Wealth Guides
Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
View
Date:2025-04-18 08:13:29
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! (2)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Copa America 2024: Results, highlights as Colombia dominates Panama 5-0
- Tennessee girl reported missing last month found dead; investigation underway
- Texas on alert as Beryl churns closer; landfall as hurricane likely
- See you latte: Starbucks plans to cut 30% of its menu
- Authorities say 2 rescued, 1 dead, 1 missing after boat capsizes on Lake Erie
- Think you're helping your child excel in sports? You may want to think again
- June sizzles to 13th straight monthly heat record. String may end soon, but dangerous heat won’t
- Former Syrian official arrested in California who oversaw prison charged with torture
- Jessica Springsteen doesn't qualify for US equestrian team at Paris Olympics
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Jane Lynch Reflects on “Big Hole” Left in Glee Family After Cory Monteith and Naya Rivera's Deaths
- Watch this 100-year-old World War II veteran marry his 96-year-old bride in Normandy
- Tour de France standings: Race outlook after Stage 9
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Of the 63 national parks, these had the most fatalities since 2007.
- After Hurricane Beryl tears through Jamaica, Mexico, photos show destruction left behind
- Texas on alert as Beryl churns closer; landfall as hurricane likely
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
'MaXXXine' ends trilogy in bloody style. But is it truly done? Spoilers!
LeBron James discusses son Bronny, new Lakers coach JJ Redick
Jon Landau, Oscar-winning ‘Titanic’ and ‘Avatar’ producer, dies at 63
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Searing heat wave grills large parts of the US, causes deaths in the West and grips the East
Amtrak service from New York City to Boston suspended for the day
Missy Elliott is a music trailblazer. Here's what to know about her influence.