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Benzinga
Benzinga
Politics
Anusuya Lahiri

Russia's Ukraine Invasion Breeds Trouble For YouTube: Bloomberg

  • Russia's Ukraine invasion has compelled Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube to remove or cut commercial ties with some of its most prolific pro-Russian channels, Bloomberg reports.
  • YouTube's massive reach in Russia has become vulnerable to the U.S., the U.K., and Europe discussing restrictions that could target groups and people with huge audiences on the platform. 
  • European Union sanctions, for instance, would target a TV and radio journalist behind a YouTube channel with more than 1 million subscribers known for his highly hostile attitude towards Ukraine and praise of the Russian government.
  • Google is already facing a nest of political problems in Russia. In December, a Russian court ruled that the company had to pay fines that doubled every day after YouTube blocked an account owned by a sanctioned ally of President Vladimir Putin. 
  • Earlier in the year, Google removed videos and apps from Russia's opposition figures after facing pressure from Russia's government. 
  • Price Action: GOOG shares traded higher by 0.06% at $2,653.29 in the market on the last check Friday.
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