Tag Archives: pledge

Google commits over $100 million of $1 billion affordable housing pledge

Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area. The Mountain View tech giant said that the $115 million commitment should help fund the creation of at least 24,000 affordable units by 2029, with the majority of using modular construction. The company pledged $1 billion for affordable housing in the region last year; the majority, it… Source link

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Google offers data pledge in bid to win EU okay for Fitbit buy

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet Inc’s Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acquisition, the U.S. tech company said late on Monday. The bid, announced in November last year, would help Google take on market leader Apple and Samsung in the fitness-tracking and smart-watch market, alongside others including Huawei and Xiaomi. “This deal is about… Source link

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