Google Russia files for bankruptcy, Bitcoin plunges below $29,000, this is the recap

Google is forced to file for bankruptcy in Russia after the seizure of its bank account, the price of Bitcoin unscrews to less than 29,000 dollars, Free Mobile improves its 5G speeds in France, this is the recap.

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Google was forced to file for bankruptcy in Russia after Russian authorities seized its bank account. Following the fall of the UST and the market turmoil, Bitcoin continues to lose value and is now plunging below $29,000. Free Mobile has announced that it has improved its 5G speeds by 14%. Come on, let’s go for the recap of the day on Thursday, May 19, 2022.

Google subsidiary goes bankrupt in Russia

Google’s Russian subsidiary will file for bankruptcy after authorities seized its bank account. The company therefore simply had no choice but to declare bankruptcy, since it was impossible for it to hire staff, pay the salaries of its employees or even pay its suppliers and vendors. For now, the company will continue to provide Russians with access to free services such as Google Search, YouTube, Gmail and Maps.

Read: Google files for bankruptcy in Russia after its bank account is seized

Bitcoin drops below $29,000

In a bruised market following the fall of the UST, the price of Bitcoin continues to fall. The queen of cryptocurrencies briefly fell below $29,000. This new crash suggests a downward phase for Bitcoin, as for all digital currencies. On Twitter, Nebraskan Gooner, a well-known analyst and trader, is targeting the $22,000 area in the near future.

Read: Bitcoin price dips below $29,000, nothing is right

Free Mobile improves its 5G speeds in France

Free has announced good news. French subscribers who own a 5G smartphone and a 5G plan should now enjoy 14% faster speed. It should be noted, however, that this change only affects the 3.5 GHz band, so depending on your location in France, you may not benefit from better speeds.

Read – Free Mobile: 5G speeds increase by 14% in France

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