Streaming behemoth Netflix has declared a halt to all future Russian ventures and acquisitions. The corporation stated that it was examining the consequences of Ukraine’s ongoing incursion. The production of the Russian language sitcom Zato will be discontinued.
Oracle, a cloud computing giant, has also announced the suspension of its activities in Russia. The two corporations are the most recent US technology giants to take action against Russia as the number of strikes on Ukrainian cities has increased. Apple also stated on Tuesday that it will suspend sales in Russia.
Oracle’s Twitter statement came three hours after Ukraine’s Minister of Digital Transformation tweeted the business, requesting assistance.
Deputy Minister Alexander Bornyakov told Reuters that Ukraine has requested assistance from 50 different firms in order to exert pressure on Russia.
“More sanctions imposed, faster peace restored,” Borynakov tweeted.
Oracle declared in a tweet, “On behalf of Oracle’s 150,000 employees around the world and in support of both the elected government of Ukraine and for the people of Ukraine”
In recent days, multinational businesses such as Shell, Nike, H&M, and Boeing have severed connections with Russia or temporarily ceased sales.
Moscow has responded to international corporations withdrawing from Russia by temporarily prohibiting foreign asset sales in Russia.
Netflix declined to comment on the number of individuals who use its streaming service in Russia.
However, it confirmed earlier this week in a Hollywood Reporter article that it will not transmit Russian official channels.
“Given the current situation, we have no plans to add these channels to our service,” said a Netflix official in a statement to the magazine.
According to a rule that took effect on March 1, “audiovisual services” in the nation with more than 100,000 customers would be compelled to carry 20 main state television stations.
The Locarno Film Festival in Switzerland, on the other hand, has stated that it would screen Russian films at its forthcoming edition in August.