11:35 AM EDT, 07/31/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) has been fined 5 million rubles ($58,169) by a district court in Russia over its alleged failure to comply with a government order on banned content, Reuters reported Wednesday.

TikTok, which is owned by Chinese company ByteDance, was fined 4 million rubles over the same issue, according to the report, which citing the Moscow courts' press service.

Google ( GOOG ) and TikTok did not immediately reply to requests for comment from both Reuters and MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 173.09, Change: +1.23, Percent Change: +0.72