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What will be the primary reason cited by Kaspersky Lab for the closure of its US division by August 31, 2024?
2
Resolution / Starting Odds
US software ban • 25%
Economic conditions • 25%
Operational challenges • 25%
Other • 25%
Official statement from Kaspersky Lab or credible news sources
Story
Kaspersky Lab to Close US Division and Lay Off Workers Amid Biden's Software Ban Next Month
Jul 15, 2024, 09:35 PM
Kaspersky Lab has announced the closure of its US division and the layoff of all associated workers. This decision follows the US Commerce Department's ban on the sale of Kaspersky software in the United States, which is set to take effect on July 20. Kaspersky stated that business opportunities in the country are no longer viable. The shutdown of US operations will be completed next month. The ban has been referred to as 'Biden's ban' in some reports.
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Similar markets
Issue a fine • 25%
Mandate a software rollback • 25%
No action taken • 25%
Other • 25%
Partnership with non-U.S. firms • 25%
Introduction of new products • 25%
Focus on existing markets • 25%
Restructuring of company • 25%
Cease all U.S. operations • 25%
File a lawsuit • 25%
Seek a settlement • 25%
Relocate U.S. operations to another country • 25%
Fines imposed • 25%
Operational restrictions • 25%
Both fines and operational restrictions • 25%
No action taken • 25%
Increased market share for U.S. firms • 25%
Increased market share for European firms • 25%
Increased market share for Asian firms • 25%
No significant impact • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No change • 33%
Moderate decrease (up to 50%) • 33%
Significant decrease (more than 50%) • 33%
No response • 33%
Public statements supporting the ban • 33%
Public statements opposing the ban • 33%