FIRST AIRED: November 26, 2018

Nice work! Enjoy the show!


You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!



>> Russia maybe about to get tough with big tech firms. Google, Facebook and others potentially facing major fines that as Moscow moves to make them comply with Internet laws. Christian Lowe is Reuter's Bureau Chief there.>> Three years ago, Russia adopted a package of legislation which would give the state greater control over the data on users that's held by the tech companies.
For example, it would require them, if they are storing user's data, to keep the servers where that data is stored inside Russia. And in certain circumstances to share information on users with Russian intelligence agencies.>> Russia also wants search engines to delete some results, and messaging services to share encryption keys.
Just one problem for Moscow, big tech has refused to comply. Facebook, for one, has refused to move its servers to Russia. Fines to force them to do so have proved too puny, just a few thousand dollars. Now documents seen by Reuters suggest Moscow is ready to turn up the heat.
>> What they will do, according to proposals that we've seen that are being prepared, will levy of fine is equivalent to 1% of what a company earns in Russia in a year. Now let's take the example of Google, so its earnings in Russia last year, for its Russia unit, were around $680 million.
1% of that, $6.8 million, is already a significant amount.>> No official word from the Kremlin yet. Facebook only saying it is in discussion with regulators. The same regulators saying Google has refused to comply with requests to remove search results about organizations banned in Russia. Very soon, the tech giant may have to choose whether to start complying or start paying up.