Current:Home > ContactRussian court orders Google to pay $20 decillion for blocking media on YouTube: Reports -FutureFinance
Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
View
Date:2025-04-16 18:33:26
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! (69637)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- February 2024 was the hottest on record, with global temperatures surpassing critical climate threshold
- Bunnie XO, Jelly Roll's wife, reflects on anniversary of leaving OnlyFans: 'I was so scared'
- Trump attorneys post bond to support $83.3 million award to writer in defamation case
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Woman injured while saving dog from black bear attack at Pennsylvania home
- AP Week in Pictures: Global
- Mississippi legislators are moving toward a showdown on how to pay for public schools
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- New Jersey high school goes on legal offensive to overturn game it lost on blown call
Ranking
- The Best Stocking Stuffers Under $25
- 'I am losing my mind': Behind the rosy job numbers, Americans are struggling to find work
- Biden to announce construction of temporary port on Gaza coast for humanitarian aid
- Parents struggle to track down ADHD medication for their children as shortage continues
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Army intelligence analyst charged with selling military secrets to contact in China for $42,000
- Biden says her name — Laken Riley — at urging of GOP Rep. Marjorie Taylor Greene
- Features of TEA Business College
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Civil rights activist Naomi Barber King, a sister-in-law to the Rev. Martin Luther King, Jr., dies
Military’s Ospreys are cleared to return to flight, 3 months after latest fatal crash in Japan
How springing forward to daylight saving time could affect your health -- and how to prepare
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Lionel Messi scores goal in Inter Miami's Concacaf Champions Cup match vs. Nashville SC
CBS News poll finds most Americans see state of the union as divided, but their economic outlook has been improving
Endangered red panda among 87 live animals seized from smugglers at Thailand airport