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    Warner Bros. Discovery stock slammed after earnings debut

    Warner Bros. Discovery stock slammed after earnings debut

    BMW shares drop after flagging second half challenges

    BMW shares drop after flagging second half challenges

    Eurozone Retail Sales Fell in June Due to Higher Prices

    Eurozone Retail Sales Fell in June Due to Higher Prices

    Credit Suisse shares dive toward record low after credit downgrades

    Credit Suisse shares dive toward record low after credit downgrades

  • NYSE
    Twilio stock declines as weak outlook follows a quarterly beat

    Twilio stock declines as weak outlook follows a quarterly beat

    Block stock drops after earnings, as Square’s parent company swings to a loss

    Block stock drops after earnings, as Square’s parent company swings to a loss

    Arbor Realty Trust (NYSE:ABR) Shares Down 5.6% Following Analyst Downgrade

    Arbor Realty Trust (NYSE:ABR) Shares Down 5.6% Following Analyst Downgrade

    Fastly stock declines following outlook, new CEO

    Fastly stock declines following outlook, new CEO

  • NASDAQ
    Beyond Meat Announces Layoffs After Lower Q2 Sales

    Beyond Meat Announces Layoffs After Lower Q2 Sales

    Crocs stock dips after earnings as company cuts forecast

    Crocs stock dips after earnings as company cuts forecast

    Ultragenyx Pharmaceutical (NASDAQ:RARE) Shares Down 5.8% Following Analyst Downgrade

    Ultragenyx Pharmaceutical (NASDAQ:RARE) Shares Down 5.8% Following Analyst Downgrade

    Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock

    Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    Warner Bros. Discovery stock slammed after earnings debut

    Warner Bros. Discovery stock slammed after earnings debut

    BMW shares drop after flagging second half challenges

    BMW shares drop after flagging second half challenges

    Eurozone Retail Sales Fell in June Due to Higher Prices

    Eurozone Retail Sales Fell in June Due to Higher Prices

    Credit Suisse shares dive toward record low after credit downgrades

    Credit Suisse shares dive toward record low after credit downgrades

  • NYSE
    Twilio stock declines as weak outlook follows a quarterly beat

    Twilio stock declines as weak outlook follows a quarterly beat

    Block stock drops after earnings, as Square’s parent company swings to a loss

    Block stock drops after earnings, as Square’s parent company swings to a loss

    Arbor Realty Trust (NYSE:ABR) Shares Down 5.6% Following Analyst Downgrade

    Arbor Realty Trust (NYSE:ABR) Shares Down 5.6% Following Analyst Downgrade

    Fastly stock declines following outlook, new CEO

    Fastly stock declines following outlook, new CEO

  • NASDAQ
    Beyond Meat Announces Layoffs After Lower Q2 Sales

    Beyond Meat Announces Layoffs After Lower Q2 Sales

    Crocs stock dips after earnings as company cuts forecast

    Crocs stock dips after earnings as company cuts forecast

    Ultragenyx Pharmaceutical (NASDAQ:RARE) Shares Down 5.8% Following Analyst Downgrade

    Ultragenyx Pharmaceutical (NASDAQ:RARE) Shares Down 5.8% Following Analyst Downgrade

    Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock

    Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

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Russia Fines Apple for Violating Data Storage Law

Editorial Staff by Editorial Staff
July 12, 2022
0
Russia Fines Apple for Violating Data Storage Law

A Moscow court has fined Apple 2 million rubles (about $34,000) for refusing to store the personal data of Russian users on servers in Russia.

A Moscow court on Tuesday fined Apple 2 million rubles (about $34,000) for refusing to store the personal data of Russian users on servers in Russia, part of government efforts to control online activity.

Zoom Video Communications and Ookla, which runs the internet tool Speedtest, were both fined 1 million rubles under the same law.

The Russian government has been trying for years to establish greater control over the internet and social media, an effort that has intensified in recent months as it tries to limit the flow of information about the war in Ukraine. In March, a Russian court banned Facebook and Instagram for what it said were “extremist activities.”

For years, Russia’s communications regulatory agency, Roskomnadzor, has tried to force large technology companies to move the data of Russian users to servers in Russia. Google, Facebook and Twitter have all been accused of violating the 2015 law and ordered to pay fines.

Apple was fined Tuesday for the first time, the Interfax news agency reported. It said an Apple representative argued in court that the collection of data in Russia wasn’t handled by Apple Inc. but by a separate entity, Apple Distribution. A Roskomnadzor representative insisted that Apple was responsible.

Airbnb, Pinterest and the video streaming service Twitch were fined 2 million rubles last month under the same law.

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POPULAR NEWS

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Warner Bros. Discovery stock slammed after earnings debut

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