Louisoix@lemm.ee to World News@lemmy.worldEnglish · 22 days agoRussian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000www.theregister.comexternal-linkmessage-square118fedilinkarrow-up1419arrow-down121cross-posted to: technology@lemmy.worldnews@lemmy.worldnottheonion@lemmy.world
arrow-up1398arrow-down1external-linkRussian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000www.theregister.comLouisoix@lemm.ee to World News@lemmy.worldEnglish · 22 days agomessage-square118fedilinkcross-posted to: technology@lemmy.worldnews@lemmy.worldnottheonion@lemmy.world
minus-squareI Cast Fist@programming.devlinkfedilinkEnglisharrow-up99·22 days agoFor those wondering how the hell the number got so stupidly large, starting somewhere in 2022: The court imposed a fine of 100 thousand rubles ($1,025) per day, with the total fine doubling every week. By week 20 Google was already “owing” over 1 billion dollars and over 1 trillion by week 30. So expect the funny number to keep growing just because. In any case, I don’t think Google will come back to Russia anytime soon. Probably nothing to be gained there anyway.
minus-squareAnUnusualRelic@lemmy.worldlinkfedilinkEnglisharrow-up10·22 days agoI thought some court clerk had fallen asleep writing out zeroes and that’s what they’d ended up with.
minus-squareviking@infosec.publinkfedilinkEnglisharrow-up1·22 days agoGoogle Russia filed for bankruptcy last year, and Alphabet filed a claim against whatever Russian ministry is in charge for wrongful asset seizure in a US court to prevent any filings against them in the US. So nothing will ever come out of it.
minus-squareChaoticNeutralCzech@feddit.orglinkfedilinkEnglisharrow-up17arrow-down1·22 days agoDoubling every week means an interest rate of almost 5 × 1017 %. That can barely offset the ruble’s inflation.
For those wondering how the hell the number got so stupidly large, starting somewhere in 2022:
By week 20 Google was already “owing” over 1 billion dollars and over 1 trillion by week 30. So expect the funny number to keep growing just because.
In any case, I don’t think Google will come back to Russia anytime soon. Probably nothing to be gained there anyway.
I thought some court clerk had fallen asleep writing out zeroes and that’s what they’d ended up with.
Google Russia filed for bankruptcy last year, and Alphabet filed a claim against whatever Russian ministry is in charge for wrongful asset seizure in a US court to prevent any filings against them in the US. So nothing will ever come out of it.
Doubling every week means an interest rate of almost 5 × 1017 %. That can barely offset the ruble’s inflation.