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

GSTN Tightens Rule 10A Compliance, Businesses Face Immediate GST Suspension Without Updated Bank...

GSTN Tightens Rule 10A Compliance, Businesses Face Immediate GST Suspension Without Updated Bank...

Darius Khambata Rejects ‘Coup’ Allegations Over September 11 Meeting, Calls Accusations Absurd...

Darius Khambata Rejects ‘Coup’ Allegations Over September 11 Meeting, Calls Accusations Absurd...

Sensex Sheds 400 Points Amid Global Sell-Off, Markets Turn Negative As Rate-Cut Hopes Fade & Asian...

Sensex Sheds 400 Points Amid Global Sell-Off, Markets Turn Negative As Rate-Cut Hopes Fade & Asian...

Rupee Plunges 78 Paise To All-Time Intra-Day Low Of 89.50 As Equity Markets Slide And Dollar...

Rupee Plunges 78 Paise To All-Time Intra-Day Low Of 89.50 As Equity Markets Slide And Dollar...

India’s Alternative Investment Ecosystem Enters Defining Phase, With Portfolio Management Services...

India’s Alternative Investment Ecosystem Enters Defining Phase, With Portfolio Management Services...