Current:Home > MyRussian court orders Google to pay $20 decillion for blocking media on YouTube: Reports -Wealth Evolution Experts
Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
Charles Langston View
Date:2025-04-07 02:33:44
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! (622)
Related
- The Super Bowl could end in a 'three
- Nevada’s Republican governor endorses Trump for president three weeks ahead of party-run caucus
- Wayfair cuts 13% of employees after CEO says it went overboard in hiring
- A Ukrainian drone attack on an oil depot inside Russia causes a massive blaze, officials say
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- 2023 was the worst year to buy a house since the 1990s. But there's hope for 2024
- Johnny Depp credits Al Pacino with his return to directing for 'Modi' film: See photos
- 3M to pay $253 million to veterans in lawsuit settlement over earplugs and hearing loss
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Democratic Gov. Andy Beshear rips into spending plan offered by House Republicans in Kentucky
Ranking
- Current, future North Carolina governor’s challenge of power
- Emily in Paris’ Ashley Park Confirms Romance With Costar Paul Forman Amid Health Scare News
- Rhode Island govenor wants to send infrastructure spending proposals to voters in November
- Plane makes emergency landing on a northern Virginia highway after taking off from Dulles airport
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Tata Steel announces plans to cut 2,800 jobs in a blow to Welsh town built on steelmaking
- Morocoin Trading Exchange: The Gateway to the World of Web3.0
- Lions finally giving fans, including Eminem, chance to cheer for a winner after decades of futility
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Dolly Parton celebrates her birthday with a bonus edition of her 'Rockstar' album
BookWoman in Austin champions queer, feminist works: 'Fighting for a better tomorrow'
Microsoft says state-backed Russian hackers accessed emails of senior leadership team members
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
The March for Life rallies against abortion with an eye toward the November elections
Cowboys' decision to keep Mike McCarthy all comes down to Dak Prescott
Zayn Malik's First Public Event in 6 Years Proves He’s Still Got That One Thing