Quotes
We do not believe these ongoing legal matters will have a material adverse effect."
In its latest quarterly earnings report, Google’s parent company, Alphabet, addressed the ongoing legal matters, asserting Although it is a specific amount, I cannot even pronounce this number; it is rather filled with symbolism."
Kremlin spokesman Dmitry Peskov acknowledged the symbolic nature of the fine, stating Google should not restrict the actions of our broadcasters, but it does. This should be a reason for Google’s management to pay attention to this and correct the situation,
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,
The company should not restrict our broadcasters on their platform,
he added, on his daily briefing call with reporters We have ongoing legal matters relating to Russia,
the company noted in the report It's the kind of fine you might want to pay in installments."
Nevertheless, the fine is incomprehensibly larger than Google's market capitalization of $2.1 trillion, prompting NBC to jest