Google's YouTube vs. Russia's News Channel Tsargrad TV

August 16, 2021 2:03 PM | 1 min read | Make a Comment

Russia's Christian Orthodox news channel Tsargrad TV has stopped negotiating with Alphabet Inc GOOG GOOGL Google to unblock its YouTube account, Reuters reports.
Tsargrad also blamed Google for purposely stretching the negotiation process. Tsargrad TV alleged YouTube had blocked its account in July 2020 without citing a reason.
In April, the Moscow Arbitration Court ordered Google to restore Tsargrad's account or face a penalty. The Moscow court commanded Google to unblock the YouTube account of Tsargrad TV, owned by Konstantin Malofeev, who is under U.S. and EU financial sanctions.
Google has appealed the ruling in May. The Monday appeal hearing was postponed to September 20.
Price Action: GOOG shares traded lower by 0.09% at $2,765.70 on the last check Monday.