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Market
Will other foreign software companies announce closures in the US following Kaspersky's shutdown by December 31, 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from companies 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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No response • 33%
Public statements supporting the ban • 33%
Public statements opposing the ban • 33%
No actions taken • 33%
Actions against one additional firm • 33%
Actions against multiple additional firms • 33%
Cease all U.S. operations • 25%
File a lawsuit • 25%
Seek a settlement • 25%
Relocate U.S. operations to another country • 25%
Partnership with non-U.S. firms • 25%
Introduction of new products • 25%
Focus on existing markets • 25%
Restructuring of company • 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%
Issue a fine • 25%
Mandate a software rollback • 25%
No action taken • 25%
Other • 25%
Yes • 50%
No • 50%