MOSCOW, May 26 (Reuters) - Facebook, Twitter and other social networks must have databases of Russian users on Russian territory by July 1, the Interfax news agency cited communications regulator Roskomnadzor as saying on Wednesday.
Russia is considering legislation that would force foreign technology companies to open offices in Russia or face penalties such as advertising bans, as part of Moscow's wider efforts to exert greater control over Big Tech.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments