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MainNewsGoogle Hit W...

Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After Blocking Russian TV on YouTube: Report


Oct, 30, 2024
1 min read
by Daily Hodl Staff
for The Daily Hodl

A Russian court has reportedly hit Google with a truly astronomical fine for blocking a group of television channels on YouTube.

The court says Google has amassed a 2 undecillion ruble fine – worth about $20 decillion USD – for blocking accounts of pro-Russia and state-run media outlets, reports the Russia-based media outlet RBC.

The Russian media firms sued Google after the tech giant reportedly blocked the channels due to “violations of sanctions legislation and trade rules.”

According to the RBC, the courts ordered Google to pay an initial 100,000 ruble fine – a penalty that has doubled every week that the channels are not restored.

“Undecillion” is an incredibly large number, equal to 1 followed by 36 zeros. A “decillion” is a number equal to 1 followed by 33 zeros.

In plain English, the $20 decillion fine breaks down to twenty-thousand-billion-billion-billion dollars.

Google’s parent company, Alphabet, reported a net profit of $73.8 billion for the fiscal year 2023, an increase from $60 billion in 2022.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After Blocking Russian TV on YouTube: Report appeared first on The Daily Hodl.

Read the article at The Daily Hodl

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MainNewsGoogle Hit W...

Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After Blocking Russian TV on YouTube: Report


Oct, 30, 2024
1 min read
by Daily Hodl Staff
for The Daily Hodl

A Russian court has reportedly hit Google with a truly astronomical fine for blocking a group of television channels on YouTube.

The court says Google has amassed a 2 undecillion ruble fine – worth about $20 decillion USD – for blocking accounts of pro-Russia and state-run media outlets, reports the Russia-based media outlet RBC.

The Russian media firms sued Google after the tech giant reportedly blocked the channels due to “violations of sanctions legislation and trade rules.”

According to the RBC, the courts ordered Google to pay an initial 100,000 ruble fine – a penalty that has doubled every week that the channels are not restored.

“Undecillion” is an incredibly large number, equal to 1 followed by 36 zeros. A “decillion” is a number equal to 1 followed by 33 zeros.

In plain English, the $20 decillion fine breaks down to twenty-thousand-billion-billion-billion dollars.

Google’s parent company, Alphabet, reported a net profit of $73.8 billion for the fiscal year 2023, an increase from $60 billion in 2022.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After Blocking Russian TV on YouTube: Report appeared first on The Daily Hodl.

Read the article at The Daily Hodl

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