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Russia Penalizes TikTok RUB 1.5M For Illegal Content: Reuters

A Russian court has penalized ByteDance Ltd’s TikTok 1.5 million roubles ($20,425) for retaining banned content, Reuters reports. The court also slapped…
byAnusuya Lahiri
May 27, 2021
1 minute read
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  • A Russian court has penalized ByteDance Ltd’s TikTok 1.5 million roubles ($20,425) for retaining banned content, Reuters reports.
  • The court also slapped a fine of 7 million roubles ($95,310) on Twitter Inc (NYSE:TWTR) earlier today.
  • It recently penalized Alphabet Inc’s (NASDAQ:GOOG) Google 6 million roubles ($81,810) for the same reason.
  • Price action: TWTR shares traded higher by 0.71% at $58.26 on the last check Thursday.
 
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