Saturday, June 10, 2023
-Advertisement-
National DefTech Summit 2023
National DefTech Summit 2023
-Advertisement-
National DefTech Summit 2023
National DefTech Summit 2023
Tech ObserverNewsIndustryFacebook faces existential crisis in Russia, pays 17 mn roubles in Russia for violating content rules

Facebook faces existential crisis in Russia, pays 17 mn roubles in Russia for violating content rules

Facebook parent Meta, along with Alphabet's Google, faces a number of court cases and one among them is likely to come up for a hearing next week

Facebook parent Meta, along with Alphabet's Google, faces a number of court cases and one among them is likely to come up for a hearing next week

Facing a tough regulatory framework across the globe, social media giant is reported to have paid about 17 million roubles ($229,643) in fines owed in for failing to delete content Moscow deems illegal.

According to top company sources, Facebook may have paid the fines imposed by the Russian authorities but owing to a free flow in US-Russian ties is not easy to speculate the company's future in Russia.

Facebook parent Meta, along with Alphabet's Google, faces a number of court cases and one among them is likely to come up for hearing next week. The case pertaining to repeated violations of Russian legislation on content may further squeeze the company's economic prospects in Russia, which may end up paying a percentage of its annual revenue in Russia.

Russia in October sent state bailiffs to enforce the collection of 17 million roubles in fines imposed on Facebook. Interfax said there were no more enforcement proceedings against the company as of Sunday, citing the federal bailiff service's database.

Moscow has increased pressure on large tech firms this year in a that critics characterize as an attempt by the Russian authorities to exert tighter control over the internet, something they say threatens to stifle individual and corporate freedom.

Interfax said messaging app Telegram has also paid 15 million roubles in fines. Telegram did not immediately respond to a request for comment.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

- Advertisement -
National DefTech Summit 2023
National DefTech Summit 2023

Your Comment on this Story

Comments

Share on activity feed

Powered by WP LinkPress

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -National DefTech Summit 2023 /></a></div><div class= - Advertisement -ESDS SAP HANA Community Cloud

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

RELATED ARTICLES

- Advertisement -