Tag Archives: Spend

Google on Tuesday announced it would spend $2.1 billion to buy a sprawling Manhattan office building on the Hudson River waterfront, paying one of the largest purchase prices in recent years for an office building in the United States and providing a jolt of optimism to a New York City real estate industry lashed by the pandemic and the shift to remote work. The transaction comes during a precarious period for the city’s office market, the largest in the country, as the swift embrace of… Source link

Business leaders in sectors ranging from tech to insurance committed billions of dollars to beefing up cybersecurity efforts at a White House meeting Wednesday. The meeting comes in the wake of several high-profile cyberattacks, including on government software contractor SolarWinds and oil pipeline Colonial Pipeline, that have brought added urgency to such security issues. The commitments range from working toward new industry standards to supplying other businesses with stronger security… Source link

TipRanks Nio vs. Tesla: Investors on the Fence The race for global EV supremacy is on, and growth investors have quite the range of options to choose from in the EV sector. The adoption of EVs is set to continue to accelerate over time. The EV sector is expected to grow at a CAGR of 29% from 2021 to 2026. As such, growth investors have flocked to both Tesla (TSLA) and Nio (NIO) as the beneficiaries of this incredible growth catalyst. Now, the question most investors have on their minds is:… Source link

The king of oat milk Oatly (OTLY) has big plans on how it will spend the $1.43 billion or so it raised from a well-received IPO on Thursday.  Investors should expect an ambitious plan to expand manufacturing capacity to meet strong demand for Oatly oat milk, long-time CEO Toni Petersson said on Yahoo Finance Live.  “It’s to build supply, to build out our production capacity across the three continents,” Petersson said, referring to the use of its new capital infusion. Petersson — who has… Source link

Google’s latest Nest Hub is an interesting device. As a smart speaker, it’s fine. That is, it’s not as nice as other options in the same price range, but the sound quality is reasonable for a small speaker with a screen on it. On the other hand, as a screen you can interact with, it’s–well–also fine. Meaning, it’s not great. Its big brother, the  Google Nest Hub Max is more capable–and more importantly, faster. This version is a little slower than what you would hope for in a device you… Source link

(Reuters) – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The update comes as big internet service providers including Facebook Inc have been locked in bitter… Source link

(Reuters) – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The update comes as big internet service providers including Facebook Inc have been locked in bitter… 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

Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google says it plans to spend more than $7 billion on real estate across the U.S. in 2021 as it resumes spending in the wake of the Covid-19 pandemic. The company said the money will go toward expanding offices and data centers across 19 states, creating what will amount to at least 10,000 full-time jobs. Some $1 billion will go… Source link

Bloomberg China Fintech Curbs That Hit Ant Were No Surprise: Ping An (Bloomberg) — China’s curbs on fintech that thwarted a massive stock sale by Ant Group Co. have been under consideration for years and weren’t a surprise to those in the industry, according to an executive at China’s biggest insurer by market value.Like Ant, Ping An Insurance (Group) Co. was in the midst of planning a public listing for a fintech unit when regulators began issuing a flurry of rules to contain the… Source link