Netflix popularly known as a streaming giant has announced to pause upcoming projects in Russia. 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 announcement came three hours afterward Ukraine's Minister of Digital Transformation tweeted the business, requesting assistance.
Deputy Minister Alexander Bornyakov quoted as saying that Ukraine has requested assistance from 50 different firms to exert pressure on Russia. "More sanctions applied, quicker peace restored," Borynakov tweeted.
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.
Oracle declared in a tweet, "On behalf of Oracle's 150,000 workers worldwide, and in support of both the elected government of Ukraine and the people of Ukraine."
On Wednesday, Head Vladimir Putin talked with the president of the Russian Union of Industrialists and Entrepreneurs to consider how the Russian Union of Industrialists and Entrepreneurs would strive to mitigate the impact of the sanctions imposed thus far.
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 present scenario, we have no intentions 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, "audio and visual services" in the nation with more than 100,000 customers would be compelled to carry 20 main state television stations.