Tag Archives: billion

(Bloomberg) — Caesar Sengupta, who has been leading Google’s efforts in payments and building products for the next generation of internet users, has resigned after about 15 years at the U.S. search giant. Sengupta has been based in Singapore and most recently worked as vice president and general manager of payments and the Next Billion Users initiative at Google. After starting at Google in 2006, he worked on digital payment services and ChromeOS. “After 15 years with Google, Caesar… Source link

The New York Times U.S. Rushes to Expand Vaccine Eligibility in a ‘Race Against Time’ CHICAGO — Officials in at least 18 states have committed in recent days to opening coronavirus vaccine appointments to all adults in March or April, part of a fast-moving expansion as states race to meet President Joe Biden’s goal of universal eligibility by May 1. In Ohio, all adults will be allowed to seek shots starting March 29. In Connecticut, April 5. In Alaska and Mississippi, all adults are… Source link

Google says it is doubling down on the office. The Alphabet Inc GOOG, +0.53%.  unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery in the U.S. The spending… Source link

After a pause last year, Google announced Thursday that it will spend $7 billion on real estate in 2021. That money is going to be used to expand and build out space in 19 states.  Some of that is going toward data centers, further building out its cloud business. But that real estate is also going toward office space – adding room for thousands of hires in cities such as Atlanta and Chicago and opening new offices in Texas and Mississippi.  Google CEO… Source link

TOPEKA, Kan. (WIBW) – Google products have helped Kansas businesses generate $2.1 billion in 2020. Google says it released its Economic Impact Report on Thursday, March 18, and shared that 13,100 businesses, publishers and nonprofits in Kansas used its products to increase their online presence and connect with individuals and communities across the state, which helped generate $2.1 billion in economic activity in 2020. Google also said it plans to invest over $7 billion and create at least… Source link

Google says it is doubling down on the office. The Alphabet Inc. GOOG -1.10% unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery… Source link

(Bloomberg) — National Grid Plc agreed to buy PPL Corp.’s U.K. electricity distribution business for 7.8 billion pounds ($10.9 billion), a move that will transform the company as it prepares for a low-carbon future. The biggest U.K. utilities transaction in a decade highlights how crucial grids have become as nations figure out how to navigate the shift to electricity from fossil fuels. Distribution grids, the local networks that feed directly into homes and businesses, are at the heart of… Source link

(Reuters) – Alphabet Inc’s Google will invest $7 billion in offices and data centers across the U.S. this year, down from the $10 billion last year, and create 10,000 new full-time jobs as it takes on a pandemic-driven surge in internet traffic. The latest investment includes expansion plans for data centers in Nebraska, South Carolina and Texas, and its offices in Atlanta, D.C., Washington, Chicago and New York. Google is also spending $1 billion in its home state of California. The move… Source link

DANA POINT, CA – OCTOBER 19: Ruth Porat speaks onstage at the Fortune Most Powerful Women Summit 2016 at Ritz-Carlton Laguna Niguel on October 19, 2016 in Dana Point, California. (Photo by Joe Scarnici/Getty Images for Fortune) Tech giant Google (GOOG, GOOGL) on Thursday announced it will spend $7 billion this year on an expansion of its U.S. facility footprint, adding at least 10,000 jobs across a host of cities, among them Atlanta, Washington, D.C., Chicago, and New York. The investment… Source link

The coronavirus pandemic and remote work aren’t slowing Google’s massive real estate expansion in California. The tech giant plans to invest more than $1 billion on office projects in the state this year, a sharp contrast to the dozens of tech companies that are slashing their real estate. “I believe a lasting economic recovery will come from local communities, and the people and small businesses that give them life. Google wants to be a part of that recovery,” CEO Sundar Pichai said… Source link