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Tags: corporations | big tech | sanctions | war | elon musk

Big Tech, Business Attempt to Punish Russia Could Backfire

A woman kisses a child after fleeing from the Ukraine and arriving at the border crossing in Medyka, Poland, on March 7. (Visar Kryeziu/AP)

By    |   Friday, 11 March 2022 06:51 AM EST

A flurry of multinational corporations and U.S.-based Big Tech companies have rushed to declare their own economic war on Russia to punish President Vladimir Putin for his invasion of Ukraine — but some experts fear the offensive will actually embolden the Kremlin.

Since the Ukraine invasion began three weeks ago, a growing number of Western companies spanning various sectors — banking, retail, entertainment, Big Tech — have suspended or completely severed their presence in Russia.

Marisa Herman

Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.

© 2025 Newsmax. All rights reserved.


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A flurry of multinational corporations and U.S.-based Big Tech companies have rushed to declare their own economic war on Russia to punish President Vladimir Putin for his invasion of Ukraine - but some experts fear the offensive will actually embolden the Kremlin.
corporations, big tech, sanctions, war, elon musk
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2022-51-11
Friday, 11 March 2022 06:51 AM
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