Netflix, PayPal, Adobe and others join tech companies suspending business in Russia
Numerous tech companies are joining the growing list of tech brands that are suspending their operations in Russia amid its invasion of Ukraine. The latest batch of companies doing so includes several notable names, such as Netflix, PayPal, Mastercard, Visa and more.
Over the weekend, Netflix said it’s suspending its service in Russia, as first reported by Variety. The move comes after the company said last week it would not comply with a new Russian law that requires streaming companies to host 20 Russian propaganda channels. Netflix has also paused all future projects it had planned to produce in Russia.
Adobe also announced that it will halt all new sales of Adobe products and services in Russia. The company says it believes it has a responsibility to ensure its products and services are “not used in support of this unlawful war.”
PayPal has said it’s shutting down services in Russia, as first reported by Reuters on Saturday. In a tweet, Ukraine’s Vice Prime Minister Mykhailo Fedorov shared a letter from PayPal CEO Dan Schulman confirming the move.
<p lang=«en» dir=«ltr» xml:lang=«en»>We received a letter from @Dan_Schulman, CEO PayPal. So now it’s official: PayPal shuts down its services in Russia citing Ukraine aggression. Thank you @PayPal for your supporting! Hope that soon you will open it in for Read more on techcrunch.com
