Google Russia Files For Bankruptcy Following Account Seizures
Speaking to Reuters, a Google spokesperson said the filing comes because the company cannot pay expenses, staff, or vendors in the country: “The Russian authorities seizure of Google Russia’s bank account has made it untenable for our Russia office to function, including employing and paying Russia-based employees, paying suppliers and vendors, and meeting other financial obligations Google Russia has published a notice of its intention to file for bankruptcy.” Following the invasion of Ukraine, major brands ranging from Microsoft to Coca-Cola have stopped sales in Russia....