Russia has warned to restrict or even ban some significant technology companies if they are not “officially represented on Russian soil by the end of 2021,” Reuters reports. The state wants foreign social media giants with more than 500,000 daily users to open offices in Russia since a new law took effect on July 1.
The country issued the diktat for American companies like Alphabet Inc’s (GOOG) (GOOGL) Google, Facebook rebranded Meta Platforms Inc (FB), Twitter Inc (TWTR), Apple Inc (AAPL), and others like Telegram and TikTok.