Facebook and Twitter fined over $60,000, for failing to comply with Russian data law
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Social media giants Facebook and Twitter were fined nearly $63,000. A court in Moscow fined Twitter and Facebook 4 million rubles each for refusing to store the personal data of Russian citizens on servers in Russia. The fines of nearly $63,000 are the first five-figure fines imposed on tech companies since Russia adopted a flurry of legislation starting in 2012 designed to tighten the government's grip on online activity.