- Russia sued Facebook Inc’s (NASDAQ:FB) WhatsApp for allegedly failing to restrict Russian user data on Russian territory, Reuters reports based on Interfax news.
- WhatsApp could be penalized between Roubles 1 million- 6 million ($13,700 to $82,250).
- A day earlier, a Russian court penalized Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Roubles 3 million for violating personal data legislation. It also prosecuted Facebook and Twitter Inc (NYSE:TWTR) for the same offense.
- Russia had previously penalized Google and Twitter for retaining banned content.
- Price action: FB shares traded lower by 0.92% at $355.02 on the last check Friday.
- Photo by Rachit Tank on Unsplash
Susquehanna Maintains Neutral on Ballard Power Systems, Raises Price Target to $11
Susquehanna analyst Biju Perincheril maintains Ballard Power Systems (NASDAQ:BLDP) with a Neutral and raises the price target from $10 to $11.
