Youtube blocked by Egypt over anti-islamic video-GOOG

Boston, MA 02/11/2013 (wallstreetpr) –Following the footsteps of it Iran and Pakistan Egypt has also decided to boycott Google Inc. (NASDAQ:GOOG)’s video uploading service YouTube over its anti-Islamic policies. An Administrative Court Judge Hassouna Tawfik served an order to telecommunications and investment ministries in Egypt to keep the service blocked for 31 days.

Last year the world’s most used video sharing website hosted a video footage which hurt the religious susceptibilities of millions of Muslims around the Globe. The 13 minute long video contained offensive views against the Islam as a religion and the Holy Prophet Mohammed (PBUH).  Weeks after the video was aired Iran banned the use of both YouTube and Gmail, the company’s email service.

Google Inc. (NASDAQ:GOOG) has faced immense pressure, as the White House and the Muslim governments world over demand the video be blocked.

Members of Islamist groups and youth alliances protested against the policy of search engine company in front of the American embassy. “Google YouTube are part of the hatred campaign against all Muslims” a placard held by one of the protestors said; another reads “Google is a worldwide web terrorist”.

In his order the judge contends YouTube “overlooked the state of rage that prevailed amongst Muslims”. Few liberal Islamic scholars believe that Muslims need embrace differing opinions. Experts say orders like this are useless as other websites are also hosting the video.

“The best answer to speech is speech”, said Eric Schmidt CEO Google Inc. (NASDAQ:GOOG) while defending his company’s decision to keep the video on air. The video was never made available on YouTube’s national sites in Lybia, Iran, Egypt and many other Muslim countries, he added.

The shares of Google Inc. (NASDAQ:GOOG) were up 1.48% to close at $758.37.

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Published by Viraj Shah

Viraj Shah has done M.Com (Finance) and currently pursuing CFP. He is a technical analyst who tracks US markets along with other global markets like India very closely. He is very passionate about stocks and believes that money can always be made in market.

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