Russian court fines Zoom $1.18 million for operating without local office

Updated : Oct 17, 2023 19:27
|
Editorji News Desk

Zoom Fined: A Russian court has fined Zoom $1.18 million for operating without opening a local office, reported Reuters. As per the report, the fine had been set at a 10th of Zoom's 2022 revenues in Russia.

Trouble for Zoom 

After the start of Russia-Ukraine war, Russia's clampdown on Foreign technology companies has intensified. The companies have been under radar over content, censorship, data and local representation. 

Also Read: Zoom's remote-to-office shift sparks memes

This is not the first time Zoom is fined in Russia. Last week, the firm was fined 15 million roubles for repeated failure to store data that it held on Russian citizens on a server in Russia.

Tech Companies Crackdown

Over the last few years the country has heavily fined companies like Alphabet's Google and Apple. In July 2022, Apple was fined nearly $34,000 for being non-compliant with demands that foreign companies provide documents confirming storage and processing of the citizens' personal data occur domestically. 

 

Russia-Ukraine War

Recommended For You

editorji | Business

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

editorji | Business

Reliance denies buying Iranian oil amid US sanctions waiver

editorji | Business

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

editorji | Business

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

editorji | Business

Govt announces seven measures to help boost exports