Bankruptcy Filing Planned by Microsoft Subsidiary in Russia

Reported 1 day ago

A Microsoft subsidiary in Russia is set to file for bankruptcy according to a notice on the official Fedresurs registry. This follows indications from President Vladimir Putin that foreign tech companies like Microsoft should be restricted to promote domestic alternatives. Microsoft's operations in Russia have significantly scaled down since the start of the Ukraine conflict, and they previously removed Russian state media applications from their platforms. The future of Microsoft's other Russian units remains uncertain.

Source: YAHOO

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