FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo (Corrects to remove inaccurate company descriptor from headline. Also corrects paragraph 3 to say that the company plans to use the funds for further work related to nuclear fusion) (Reuters) – TAE Technologies, a California-based firm building technology to generate power from nuclear fusion, said on… Source link
Read More »San Jose releases Google’s $200 million community benefits plan
Google is investing $200 million in San Jose as a part of its Downtown West development, dedicated to preventing resident displacement and creating more economic opportunity for locals critics say will be forced out by rising rents. San Jose and Google released their much-anticipated development agreement Tuesday, a nearly 500-page document outlining the legal obligations of the two entities and how the tech giant will invest its millions. “In contrast to some large employers’ attempts… Source link
Read More »Mets sign Francisco Lindor to $341 million extension
The New York Mets are about to enter their first season with a new owner, and they’re definitely acting like it. According to Jon Heyman, the Mets and shortstop Francisco Lindor have agreed to a long-term deal in the final hours before Lindor’s self-imposed opening day negotiation deadline. ESPN’s Jeff Passan reports the pact is for 10 years and $341 million. It will begin in 2022, so Lindor is tied to the Mets for the next 11 seasons. The contract’s total dollar value exceeds fellow shortstop… Source link
Read More »Google pledges $29 million to new EU fund to tackle fake news
Google will contribute €25 million ($29.3 million) to the newly set up European Media and Information Fund to combat fake news, the company said on Wednesday. The contribution comes amid criticism that the technology giant isn’t doing enough to debunk online disinformation, which surged during the COVID-19 pandemic and during the U.S. election last year. Opinion: Congress is fed up with Big Tech. Now what? The chief executives of Google, Facebook FB, … Source link
Read More »Google, Fresh Out Of Congressional Hotseat, Hands $29 Million To EU’s New Fund To Tackle Fake News
Topline Google will contribute €25 million ($29 million) to the European Union’s newly established European Media and Information Fund to tackle misinformation and fake news, the company announced Wednesday, as big tech companies face criticism and mounting scrutiny for failing to curb the spread of misinformation online. Google will contribute €25 million ($29 million) to the European Union’s newly established European … [+] Media and Information Fund zz/John… Source link
Read More »$69 million reasons why you should care about NFTs
A man looks at digital paintings by US artist Beeple at a crypto art exhibition entitled Virtual Niche: Have You Ever Seen Memes in the Mirror?, one of the world’s first physical museum shows of blockchain art, ahead of its opening in Beijing on March 26, 2021. (Photo by NICOLAS ASFOURI/AFP via Getty Images) Turns out Warren Buffett is just a few degrees of separation away from that crazy $69.3 million Christie’s auction of the artist Beeple’s NFT work “Everydays: The First 5000… Source link
Read More »Google backs one-year-old Indian startup DotPe in $27.5 million fundraise
Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round. The round was led by PayU, with participation from existing investor Info Edge Ventures and Google. The young startup, now valued at about $90 million, helps brick and mortar stores sell to customers online and collect payments digitally. It’s a problem that scores of startups in… Source link
Read More »Payment blockage resolved for nearly 30 million Social Security recipients
The blockage of nearly 30 million stimulus checks for Social Security and other federal benefits recipients has been resolved after the Social Security Administration sent relevant files to the Internal Revenue Service (IRS) on Thursday morning, according to the House Ways and Means Committee. “We are gratified that the SSA leadership finally recognized the urgency of the moment and acted swiftly on our ultimatum,” members of the committee said in a press release on Thursday. “Now the IRS… Source link
Read More »Coinbase competitor Blockchain.com raises $300 million in crypto funding frenzy
Just one month removed from a $120 million dollar financing round, London-based cryptocurrency giant Blockchain.com announced Wednesday it raised another $300 million to reach a $5.2 billion post-money valuation. The Series C funding round comes as the 10-year-old crypto company reported hitting 31 million verified users across 200 countries. Blockchain.com CEO Peter Smith said the company has been able to raise $1.5 billion since its founding as institutional interest continues to swell with… Source link
Read More »Google will invest $25 million in Georgia this year as it plans to hire more workers in the state
Google’s Atlanta expansion is part of a $7 billion nationwide expansion by the company this year, which includes hiring 10,000 new full-time workers. A company spokeswoman declined to provide a breakout of how many new jobs Google will create in Atlanta this year. Atlanta has rival suitors on the East Coast for future Google projects. Google said last week that it will boost the size of its investments and hire more workers at existing offices in Boston, Pittsburgh and Washington, D.C.
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