fine
12,497 views
11 Posts
Hot
Latest
Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000
London : CNN
Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies.
Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines that are now accruing for blocking pro-Russian channels on YouTube.
The virtually unpronounceable penalty amounts to $20 decillion — or around $20 billion trillion trillion. That dwarfs the size of the global economy.
At $110 trillion, according to International Monetary Fund figures, world gross domestic product looks modest in comparison. Google parent Alphabet, meanwhile, has a market value of around $2 trillion.
Russian state media TASS reported this week that a Russian court had earlier ordered Google to restore the YouTube channels — several of which have been blocked since 2022 — or else face mounting charges, with penalties doubling every week.
Asked about the lawsuit during a call with reporters Thursday, Kremlin spokesman Dmitry Peskov admitted that he “can’t even pronounce this figure right” but said that the eye-watering sum was “filled with symbolism.” Google “should not be restricting the actions of our broadcasters on its platform,” he added.
CNN has contacted Google for comment. In quarterly earnings published this week, the company referred to “ongoing legal matters” relating to its business in Russia.
“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,” Google said. “We do not believe these ongoing legal matters will have a material adverse effect (on earnings).”
Following Russia’s full-scale invasion of Ukraine, Google curtailed operations in the country but stopped short of pulling out altogether, in contrast with several other American tech companies. Many of its services, including Search and YouTube, continue to be available in the country.
Months after the invasion, Google’s Russia subsidiary filed for bankruptcy and paused most of its commercial operations after the government seized control of its bank accounts.
#RussiaCrypto #TetherAEDLaunch #fine #USEquitiesRebound #CryptoAMA $SUI $TON $BTC
Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies.
Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines that are now accruing for blocking pro-Russian channels on YouTube.
The virtually unpronounceable penalty amounts to $20 decillion — or around $20 billion trillion trillion. That dwarfs the size of the global economy.
At $110 trillion, according to International Monetary Fund figures, world gross domestic product looks modest in comparison. Google parent Alphabet, meanwhile, has a market value of around $2 trillion.
Russian state media TASS reported this week that a Russian court had earlier ordered Google to restore the YouTube channels — several of which have been blocked since 2022 — or else face mounting charges, with penalties doubling every week.
Asked about the lawsuit during a call with reporters Thursday, Kremlin spokesman Dmitry Peskov admitted that he “can’t even pronounce this figure right” but said that the eye-watering sum was “filled with symbolism.” Google “should not be restricting the actions of our broadcasters on its platform,” he added.
CNN has contacted Google for comment. In quarterly earnings published this week, the company referred to “ongoing legal matters” relating to its business in Russia.
“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,” Google said. “We do not believe these ongoing legal matters will have a material adverse effect (on earnings).”
Following Russia’s full-scale invasion of Ukraine, Google curtailed operations in the country but stopped short of pulling out altogether, in contrast with several other American tech companies. Many of its services, including Search and YouTube, continue to be available in the country.
Months after the invasion, Google’s Russia subsidiary filed for bankruptcy and paused most of its commercial operations after the government seized control of its bank accounts.
#RussiaCrypto #TetherAEDLaunch #fine #USEquitiesRebound #CryptoAMA $SUI $TON $BTC
The Dutch central bank hit Coinbase with a $3.6 million fine for non-compliance.
A Coinbase spokesperson told Insider that the company is "carefully considering" the objections and appeal process.
#crypto2023 #bearorbull #coinbase #fine #cryptoonindia
A Coinbase spokesperson told Insider that the company is "carefully considering" the objections and appeal process.
#crypto2023 #bearorbull #coinbase #fine #cryptoonindia
$88,000 Fine for Seashell Collecting? California Mom's Bizarre Penalty Sparks Outrage!"_*
A California mother is facing a staggering $88,000 fine after her children collected 72 clams they mistook for seashells during a family beach trip. The unsuspecting kids had gathered the clams in a bucket, unaware that their innocent activity would result in a hefty penalty.
The mother, who wishes to remain anonymous, explained that her children were simply excited to collect what they thought were seashells. "My kids, they thought they were collecting seashells, but they were actually collecting clams, 72 to be exact," she said. "We had no idea it was illegal or that it would result in such a huge fine."
The fine was issued by the California Department of Fish and Wildlife, which regulates the state's marine resources. The agency considers the clams to be a protected species, and removing them from their habitat can disrupt the ecosystem.
The mother is appealing the fine, arguing that her children's actions were unintentional and that the penalty is excessive. The incident serves as a reminder for beachgoers to be aware of environmental regulations and to educate themselves about the marine life they encounter.
#newstable #MOTHER #fine
A California mother is facing a staggering $88,000 fine after her children collected 72 clams they mistook for seashells during a family beach trip. The unsuspecting kids had gathered the clams in a bucket, unaware that their innocent activity would result in a hefty penalty.
The mother, who wishes to remain anonymous, explained that her children were simply excited to collect what they thought were seashells. "My kids, they thought they were collecting seashells, but they were actually collecting clams, 72 to be exact," she said. "We had no idea it was illegal or that it would result in such a huge fine."
The fine was issued by the California Department of Fish and Wildlife, which regulates the state's marine resources. The agency considers the clams to be a protected species, and removing them from their habitat can disrupt the ecosystem.
The mother is appealing the fine, arguing that her children's actions were unintentional and that the penalty is excessive. The incident serves as a reminder for beachgoers to be aware of environmental regulations and to educate themselves about the marine life they encounter.
#newstable #MOTHER #fine