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4.46920716264528E-05 5.95894288354398E-05 8.9384143253075E-05 -0.000253255072550069 7.44867860442574E-05 -0.000163870929297163 -2.97947144176352E-05 0.000312844501385508
Stock impact report

Russia fully blocks WhatsApp, talks up state-backed alternative [Yahoo! Finance Canada]

Meta Platforms, Inc. - Class A (META) 
MOSCOW, Feb 12 (Reuters) - U.S. messenger app WhatsApp, owned by Meta Platforms, has been completely blocked in Russia for failing to comply with local law, the Kremlin said on Thursday, suggesting Russians turn ?to a state-backed "national messenger" instead. "Due to Meta's unwillingness to comply with Russian law, such a decision was indeed made and ?implemented," Kremlin spokesman Dmitry Peskov told reporters, proposing that Russians switch to MAX, Russia's state-owned messenger. "MAX is an accessible alternative, a developing messenger, a national messenger, and it ?is available on the market for citizens as an alternative," said Peskov. Critics say MAX is a surveillance tool, something the authorities deny. The move against WhatsApp is the culmination of six months of pressure on the U.S. company and reflects a wider push by the Russian authorities at a time of war to create and control a "sovereign" communications infrastructure in which foreign-owned tech companies sub Show less Read more
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