Business

Netflix, PayPal, Adobe and others join tech companies suspending operations in Russia – TechCrunch

Netflix, PayPal, Adobe and others join tech companies suspending operations in Russia – TechCrunch

Many tech companies are joining the growing list of tech brands that are suspending operations in Russia amid its invasion of Ukraine. The latest batch of companies doing this includes several notable names, such as Netflix, PayPal, Mastercard, Visa and more.

Over the weekend, Netflix announced it was suspending its service in Russia, as first reported Variety. The move, which Netflix confirmed to TechCrunch, comes after the company said last week that it would not comply with a new Russian law that requires streaming companies to host 20 Russian propaganda channels. Netflix also suspended all future projects it had planned to produce in Russia.

Adobe also announced a halt to all new sales of Adobe products and services in Russia. The company says it feels it is its responsibility to ensure that its products and services are “not used to support this illegal war”.

PayPal said it was closing its services in Russia, as first reported Reuters Saturday. In one TweeterUkrainian Deputy Prime Minister Mykhailo Fedorov shared a letter from PayPal CEO Dan Schulman confirming the move.

PayPal wasn’t the only payment company to pull out of the country. MasterCard Saturday announced that it was suspending network services in Russia, meaning cards issued by Russian banks will no longer be supported on the Mastercard network. Also, any Mastercard issued outside the country will not work at Russian merchants or ATMs. The company says it will restore operations when it is appropriate to do so.

Likewise, Visa said on Saturday that it had also suspended all operations in Russia. The company said it would work with its customers and partners in Russia to end all Visa transactions. All transactions initiated with Visa cards issued in Russia will no longer work outside the country and all Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation.

Game companies have also joined other firms in the tech industry in shutting down their operations in Russia. epic games announced on Saturday that it was stopping trade with Russia in its games. However, the publisher said it “doesn’t block access for the same reason that other communication tools stay online: the free world should keep all lines of dialogue open.”

Epic Games isn’t the only game publisher to take a stand, as ActivisionBlizzard announced on Friday that it would suspend the sale of its games to Russian consumers. The company will also stop offering in-game purchases in Russia.

nintendo suspended digital sales in Russia as well, as the eShop in Russia has been temporarily placed in maintenance mode due to the fact that the payment service it uses “has suspended the processing of ruble payments”.

Ubisoft announced on Monday that it had decided to suspend sales in Russia. He says he will continue to adapt and build support as the situation evolves. Also on Monday, Take-Two said GamesIndustry.biz that it halted game sales and ended marketing support in Russia and Belarus.

Snapchat expanded the actions it was taking with a recent announcement that it is disabling the Snap Map “heatmap” of public Snaps in Ukraine, as a security measure. The feature usually highlights places where people have shared many Snaps. The move comes as Snap previously announcement that he was suspending advertisements in Russia.

Also this weekend, TikTok announced it was suspending live streaming and new content from its video service in response to Russia’s new “fake news” law. The law threatens jail time for anyone who publishes what the Kremlin considers false information about the country’s invasion of Ukraine. TikTok has decided to suspend its operations in the country to maintain the safety of employees and users.

Samsung Electronics said it would suspend shipments of all products to Russia “due to current geopolitical developments.” Products that have been suspended include smartphones, semiconductors and consumer electronics. Its decision follows similar announcements from device makers Apple and Dellchip maker Intel and software giant Microsoft.

GrubHub has said it is ending a partnership with Russian tech giant Yandex, as first reported Reuters. The multi-year partnership focused on driverless robots that deliver food to students. GrubHub is a unit of Just Eat Takeaway.com, which is Europe’s largest food delivery company.

This latest group of companies taking a stand against Russia joins Apple, Google and others. Last week, Apple confirmed it had halted product sales in Russia. The hardware giant also removed Sputnik and RT News from the App Store and disabled some Apple Pay services in the country. Google followed Apple’s lead and removed Russia Today (RT) and Sputnik apps from its mobile app store. Google also suspended ad sales in Russia.