Russia Fines Facebook RUB 17M For Retaining Illegal Content: Reuters

by Anusuya Lahiri, Benzinga Editor
June 10, 2021 9:01 AM | 1 min read |
  • A Russian court has penalized Facebook Inc FB 17 million roubles (about $235,000) for not taking down content deemed illegal by Moscow, Reuters reported.
  • Earlier in March, Russian authorities filed lawsuits against five social media platforms for retaining posts that provoked children to participate in illegal protests.
  • Last month Alphabet Inc's GOOG GOOGL Google was penalized 6 million roubles ($81,810) for the same reason.
  • Subsequently, Twitter Inc TWTR was fined 7 million roubles ($95,310). ByteDance's TikTok was also fined 1.5 million roubles ($20,425).
  • Price action: FB shares traded lower by 0.08% at $329.99 in the premarket session on the last check Thursday.
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