Google's Russian subsidiary has announced that it will be filing for bankruptcy after authorities seized its bank account making it impossible for the company to pay for salaries and other expenses.
Anmol Mehrotra
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Biography
Anmol has been hooked on tech ever since he laid hands on a Windows 98 PC. Now he scours the Internet for the latest news, taking occasional breaks to try out the latest and greatest video games. His contributions to the tech community have earned him Microsoft MVP award three years in a row.
Elon Musk on Friday confirmed that he is putting Twitter's acquisition on hold while his team verifies the social media platform's claims that less than 5% of the Twitter users are fake or spam bots.
The Government of India has issued a directive ordering VPN, Cloud and VPS providers to store and share customer data or face a year in prison. The new law is expected to go live on June 27.
According to an SEC filing, last week Elon Musk sold around 9.6 million Tesla shares worth $8.5 billion. On Friday, Musk confirmed that he does not plan to sell any more Tesla shares at the moment.
The Australian regulator has filed a lawsuit in the Federal Court against Uber claiming that the taxi provider misled over two million Australians by showing misleading fares for roughly two years.

Elon Musk may have already completed the Twitter acquisition, deal to be announced shortly [Update: It's official]
In an unprecedented turn of events, it looks like Elon Musk may finally get his hands on Twitter as a new report claims that the deal has been finalised and may go public as early as today.
During its event, Apple announced the brand new Mac Studio with the new M1 Max processor, announced earlier today. The device will offer up to 128GB of unified memory for graphics intensive workflows.
Mastercard, PayPal and Visa are the latest in a long list of companies to suspend their operations in Russia. PayPal will no longer allow new sign ups while Visa and Mastercard will cease operations.
After Microsoft blocked the earlier loopholes, a new workaround promises Windows 11 Home users an option to setup their machines without an internet connection or a Microsoft account.
Microsoft has confirmed that it will soon require Windows 11 Pro users to use a Microsoft account and have an internet connection when setting up their Windows device for the first time.
Samsung has officially unveiled the Galaxy S22 lineup that consists of the S22, S22 Plus and S22 Ultra. The new devices will be powered by Exynos or Snapdragon SoC and build upon the Galaxy S21.
Samsung will launch the much-anticipated Galaxy S22 series later today at its flagship store in Decentraland. However, the Korean giant will also have a live stream on YouTube and the Newsroom page.
SpaceX has announced that the recent mission to deploy satellites into orbit has gone awry due to a geomagnetic storm resulting in as much as 40 satellites deorbiting and burning up in the atmosphere.
Meta published its fourth-quarter earnings call last night and confirmed a drop in the daily active users for the first time. Post earnings call, Meta's stock fell by 20% in after-hours trading.
The FTC is looking into Microsoft's acquisition of Activision from a competitive standpoint. As things stand, Microsoft plans to close the deal by 2023 but this could change due to the investigation.
Earlier this week, Microsoft announced that it set a new record after the company successfully defended against DDoS attack with a throughput of 3.47 Tbps and a rate of 340 million packets per second.