Louisoix@lemm.ee to World News@lemmy.worldEnglish · 7 days agoRussian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000www.theregister.comexternal-linkmessage-square119fedilinkarrow-up1415arrow-down121cross-posted to: nottheonion@lemmy.worldtechnology@lemmy.worldandfinally@feddit.uknews@lemmy.world
arrow-up1394arrow-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 · 7 days agomessage-square119fedilinkcross-posted to: nottheonion@lemmy.worldtechnology@lemmy.worldandfinally@feddit.uknews@lemmy.world
minus-squareI Cast Fist@programming.devlinkfedilinkEnglisharrow-up97·7 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-squareChaoticNeutralCzech@feddit.orglinkfedilinkEnglisharrow-up17arrow-down1·6 days agoDoubling every week means an interest rate of almost 5 × 1017 %. That can barely offset the ruble’s inflation.
minus-squareAnUnusualRelic@lemmy.worldlinkfedilinkEnglisharrow-up10·7 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-up1·6 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.
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.
Doubling every week means an interest rate of almost 5 × 1017 %. That can barely offset the ruble’s inflation.
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.