Russian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000

[lechmich]

I bet google is writing the cheque as we speak

 

[Christopher Hitchens]

oh they and other big companies/conglomerates get all kinds of tax breaks. dont you worry about that.
your parents probably pay more tax on their house/property, than google does on their corporate office building.

My parents are divorced and don’t own a home and I don’t either so I wouldn’t know what that pay would be. That would be a good thing to look up thought. Average property taxes for homes in whatever town google headquarters is in, I’m guessing it’s near here in the Bay Area, and then look up googles property taxes. Idk even know if that is public info their property taxes.

Google owners right now..

View attachment 835282

Apparently two presidents own google 😜

I bet google is writing the cheque as we speak

There are getting the Monopoly money packed

 

[mrln]

My parents are divorced and don’t own a home and I don’t either so I wouldn’t know what that pay would be. That would be a good thing to look up thought. Average property taxes for homes in whatever town google headquarters is in, I’m guessing it’s near here in the Bay Area, and then look up googles property taxes. Idk even know if that is public info their property taxes.

yea check it out. its public knowledge. you can even find out how much google paid for the building or how much it pays in rent or whatever. or how much its sold its property for.
google it.

 

[chewbok]

From The Register:

“A Russian court has ruled that Google owes Russian media stations around $20 decillion in fines for blocking their content, and the fines could get bigger.

To put that into perspective, the World Bank estimatesglobal GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow - but on Tuesday fell a little short of that mark when it posted $88 billion quarterly revenue.

The bizarre amount has been calculated after a four-year court case that started after YouTube banned the ultra-nationalist Russian channel Tsargrad in 2020 in response to the US sanctions imposed against its owner. Following Putin's illegal invasion of Ukraine in 2022 more channels were added to the banned list and 17 stations are now suing the Chocolate Factory, including Zvezda (a TV channel owned by Putin's Ministry of Defence), according to local media.

"Google was called by a Russian court to administrative liability under Art. 13.41 of the Administrative Offenses Code for removing channels on the YouTube platform. The court ordered the company to restore these channels," lawyer Ivan Morozov told state media outlet TASS.

The court imposed a fine of 100 thousand rubles ($1,025) per day, with the total fine doubling every week. Owing to compound interest (Einstein's eighth wonder of the world), Google is now on the hook for an insane amount of money, or what the judge on Monday called “a case in which there are many, many zeros.”

Not that there's much chance of bankrupting Alphabet over the issue. Google in Russia has been inactive since 2022 after the search giant effectively pulled out of the country following Putin's special military operation. Google says the Russian authorities had seized its bank accounts and the offshoot was essentially bankrupt. The ad-spreader had over 200 staff in Russia and, while some have been relocated, others were laid off.

The battle is now on in courts around the globe as Russia seeks to seize Google's assets, with little success. The Chocolate Factory certainly seems sanguine about it.



"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 reported in its last earnings statement [PDF].

"We do not believe these ongoing legal matters will have a material adverse effect."

Google had no comment on the fine at time of going to publication.



Link: https://www.theregister.com/2024/10/29/russian_court_fines_google/

Rubles? Let me grab my piggy bank

 

[dwdays]

Decillion - BwaaHaaHaa

 

[Darth Kermit]

Russian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000.