Microsoft Unit in Russia to File for Bankruptcy

Microsoft, a big tech company, is planning to close part of its business in Russia.

This is because of actions by the Russian government, like wanting to limit foreign tech companies.

The company already stopped some of its services in Russia after the war in Ukraine started.

Now, one of Microsoft's Russian companies, Microsoft Rus LLC, is going to file for bankruptcy.

This is similar to what Google did in 2022 because the Russian government blocked its bank account.

The Russian government is encouraging domestic solutions.