Download Certificate- CMOs | ECIO | Most Admired Brand | Most Trusted Company

Russia penalizes Zoom $1.18 million for conducting business without a local office


By MYBRANDBOOK


Russia penalizes Zoom $1.18 million for conducting business without a local office

For operating without setting up a local office, a Russian court fined Zoom Video Communications 115 million roubles ($1.18 million). Moscow and global technology businesses have been at odds over content, censorship, data, and local representation in a long-running confrontation that erupted in February 2022 after Russia pushed its armed forces into Ukraine.

 

The judge, Timur Vakhrameyev said that the fine had been set at a 10th of Zoom's 2022 revenues in Russia. Zoom was fined 15 million roubles last week in what a court said was a repeated failure to store data that it held on Russian citizens on a server in Russia. 

 

Other companies, such as Alphabet's Google and Apple, have been fined heavily in Russia in the last few years. 

 

Soon after Russia started what it calls a "special military operation" in Ukraine, Meta was found guilty of "extremist activity" in Russia, which it denied, and its Facebook and Instagram platforms were banned. 

 E-Magazine 
 VIDEOS  Placeholder image

Copyright www.mybrandbook.co.in @1999-2024 - All rights reserved.
Reproduction in whole or in part in any form or medium without express written permission of Kalinga Digital Media Pvt. Ltd. is prohibited.
Other Initiatives : www.varindia.com | www.spoindia.org