Russia Penalizes TikTok RUB 1.5M For Illegal Content: Reuters

May 27, 2021 1:32 PM | 28 seconds read |

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 TWTR earlier today.
It recently penalized Alphabet Inc’s 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.