RUSSIAN GOOGLE SUBSIDIARY FILES FOR BANKRUPTCY
Google’s subsidiary in Russia has filed for bankruptcy amid Moscow’s ongoing invasion of Ukraine.
A Google spokesperson confirmed the move to The Hill on Wednesday, saying authorities seizing the subsidiary’s bank accounts made their office unable to function.
“We previously announced that we paused the vast majority of our commercial operations in Russia. 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,” the Google spokesperson told The Hill.