Vladimir Putin signs law forcing foreign IT companies to open offices in Russia

Vladimir Putin signs law forcing foreign IT companies to open offices in Russia

FPJ Web DeskUpdated: Thursday, July 01, 2021, 05:08 PM IST
article-image
Russia President Vladimir Putin | AFP

President Vladimir Putin on Thursday signed a law forcing IT firms to open offices in Russia. This is to exert greater control over Big Tech.

As per a report by Reuters, the Russian government aims at reducing their dependence on foreign companies and keep control over the internet.

In the past, Russia has shown discontent over social media companies that fail to delete content Moscow deems illegal quickly enough. Facebook , Google, Telegram and Twitter all have court hearings scheduled for later this month with new charges.

RECENT STORIES

Rupee Slips 6 Paise To Close At 88.68 Against US Dollar Amid Foreign Fund Outflows And Importer...

Rupee Slips 6 Paise To Close At 88.68 Against US Dollar Amid Foreign Fund Outflows And Importer...

Markets Close Flat As Profit Booking Caps Gains; Sensex Ends At 84,478, Nifty At 25,879 Ahead Of...

Markets Close Flat As Profit Booking Caps Gains; Sensex Ends At 84,478, Nifty At 25,879 Ahead Of...

Astrologer Scam Drains Bank Accounts Via Payment Links, India’s ₹60,000 Crore Astrology Market...

Astrologer Scam Drains Bank Accounts Via Payment Links, India’s ₹60,000 Crore Astrology Market...

Old Chat Between Bengaluru Founder & Groww CEO Lalit Keshre Goes Viral, Resurfaces As Fintech...

Old Chat Between Bengaluru Founder & Groww CEO Lalit Keshre Goes Viral, Resurfaces As Fintech...

Gold & Silver Glitter After US Shutdown Ends, Markets Bet On Fed Easing As Precious Metals Touch...

Gold & Silver Glitter After US Shutdown Ends, Markets Bet On Fed Easing As Precious Metals Touch...