Russia Penalizes Google For Retaining Banned Content: Reuters

Alphabet Inc's GOOG GOOGL Google paid Russia over 32 million roubles ($455,079) in fines for failing to delete content Moscow deems illegal, Reuters reports.
Russia last week said it would seek to penalize Google a percentage of its annual Russian turnover later this month for regularly failing to delete banned content on its search engine and YouTube.
Google's representatives had expressed a desire to engage in dialogue and had paid over 32 million roubles in outstanding fines.
Russian federal executive agency watchdog Roskomnadzor said it has the technical capability to slow down the speed of YouTube, but that administrative measures are currently sufficient.
Around 2,650 pieces of illegal content on Google's internet resources remained undeleted as of the start of October.
Google cited technical difficulties for failure to remove all the banned content.
Price Action: GOOG shares closed 0.11% higher at $2,775.46 on Monday.