Key Takeaways From Russia's Tussle With Google: Reuters

  • A Moscow court penalized Alphabet Inc GOOG GOOGL 6.5 million roubles ($89,535) for failing to content that Russia deemed illegal, Reuters reports.
  • Russia threatened to block YouTube after it deleted Russian state-backed broadcaster RT's German-language channels, Reuters reports.
  • YouTube defended the deletion citing its COVID-19 misinformation policy.
  • Russia could partially or fully restrict access to YouTube if it failed to reverse the RT channels' restrictions.
  • Price Action: GOOG shares closed lower by 1.22% at $2,690.42 on Wednesday.
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