Google pledges new US$10 bil investment in 2020

SAN FRANCISCO: Google said Wednesday it would invest more than US$10 billion in US offices and data centres in 2020, including its new campus planned for New York City and projects in 10 other states.

“These investments will create thousands of jobs – including roles within Google, construction jobs in data centres and renewable energy facilities, and opportunities in local businesses in surrounding towns and communities,” said a blog post by Sundar Pichai, chief executive of Google parent Alphabet.

Google’s investments are spread over all US regions and will include expanded offices in Pittsburgh, Pennsylvania and Cambridge, Massachusetts. The money includes a previously announced US$1 billion committed to easing the housing crunch in the Bay Area near Google’s Silicon Valley headquarters.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shanghai inks foreign investment deals worth US$1.7bilSHANGHAI: Twenty-one foreign investment projects were signed Tuesday (Feb 25) in Shanghai's Pudong New Area, with a total contract value of over 1.7 billion U.S. dollars, according to the local authority.
Source: staronline - 🏆 4. / 75 Read more »

Tabung Haji appoints new faces to strengthen financial and investment portfolio | Malay MailKUALA LUMPUR, Feb 25 — Three new faces have been appointed to lead the senior management team of Lembaga Tabung Haji (TH) to strengthen its financial and investment portfolio. TH, in a statement today, said Datuk Merina Abu Tahir was appointed as its chief financial officer, effective February 5,...
Source: malaymail - 🏆 1. / 86 Read more »