The financial director of American corporation Google, which is part of the Alphabet holding, Ruth Porat, announced the company's plans to build a new office in New York. It is planned to spend 1 billion dollars to build a new office, which will be located in two buildings with an area of approximately 160 thousand square meters. Its opening is expected in 2020-2022. Thanks to this construction and the previously acquired Chelsea Market building, for 2 billion 400 million dollars, the company will be able to increase its staff 2 times, numbering now 7 thousand employees. Other high-tech companies, like Google, are seeking to increase their presence outside of Silicon Valley.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
Oil prices dropped on Wednesday as the inventory build in U.S. industry data exceeded expectations, while coronavirus cases continue to surge in the United States, the world’s biggest oil consumer. The American Petroleum Institute reported ...