Google is teaming up with the European Investment Fund (EIF) and two other organisations in Latin America and Asia to provide $75 million in funding to small- and medium-sized companies suffering from the impact of the coronavirus pandemic, according to Reuters report. The funds are part of an $800 million initiative announced in March last…
Google and J.B. Hunt Transport Services, Inc., a transportation logistics company in North America, has announced a multi-year strategic alliance to accelerate J.B. Hunt’s digital transformation and collaborate on next-generation supply chain platform technology. Powered by Google Cloud’s innovative cloud technologies, J.B. Hunt will expand its J.B. Hunt 360°® platform that digitally connects shipments and available capacity.…
Dunzo, a hyperlocal delivery startup, announced it has raised $40 million in Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria among others. The company plans to focus on sustainable growth across its fastest-growing cities such as Mumbai, Chennai, and Pune in the…
Glance, lock screen platform, has closed a $145 million investment round from Google and existing investor Mithril Capital. Glance is a subsidiary of InMobi Group and owner of the video-sharing social media platform Roposo. Glance delivers AI-driven personalized content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android…
Google has hired Fiona Clare Cicconi, a top executive from pharmaceutical company AstraZeneca, to oversee its personnel policies. Cicconi will replace Eileen Naughton. Google announced that Cicconi is leaving AstraZeneca to become its head of people operations during a meeting with employees, according to media reports. In her new role, Cicconi will have to make…
Google plans to extend work from home for employees till September, 2021, according to a report by Reuters quoting New York Times. The company is testing the idea of a ‘flexible workweek’ once it is safe for staff to return to offices physically. An email was sent by Chief Executive Officer Sundar Pichai to the…
Google announced that it has entered into a definitive agreement to acquire Actifio, a leader in backup and disaster recovery (DR)—offering customers the opportunity to protect virtual copies of data in their native format, manage these copies throughout their entire lifecycle, and use these copies for scenarios like development and test. With this acquisition, Google…
Dunzo, an all-in-one 24X7 delivery platform that picks and delivers anything and everything within the city, announced that it has raised $28 million in its ongoing Series E funding round led by Google and Lightstone Fund, according to YourStory report. Dunzo has issued compulsorily convertible preference shares (CCPS) to both Google and Lightstone with each…
ADT, a leading provider of security and smart home solutions, and Google announced they are entering into a long-term partnership to create the next generation of smart home security offerings. The partnership will combine Nest’s award-winning hardware and services, powered by Google’s machine learning technology, with ADT’s installation, service and professional monitoring network to create…
Reliance Industries Limited, Jio Platforms Limited and Google LLC announced the signing of binding agreements for an investment of ₹ 33,737 crore by Google into Jio Platforms. This investment by Google values Jio Platforms at an equity value of ₹ 4.36 lakh crore. Google’s investment will translate into a 7.73% equity stake in Jio Platforms…
Internet giant Google recently said that it would spend around $10bn in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done through a digitization fund, highlighting Google’s focus on the rapid pace of growth of apps and…
Google announced that it will invest $10 billion in India over the next five to seven years, the search giant’s CEO Sundar Pichai said, according to media reports. Google said that it will use this investment to buy stakes in large Indian companies as well as niche digital service providers. According to Google’s blog post,…
The death of an unarmed black man George Floyd in police custody in Minneapolis, U.S last month has once again sparked a debate on how racial discrimination still prevails in our society. The death of Floyd has started a row of protests across the United States and people have now taken to the streets demanding…
The death of an unarmed man of colour in police custody in Minneapolis, U.S last week have sparked a row of protests across the country. The alleged killing of George Floyd by four Minneapolis police officers have once again highlighted the racial inequality in the United States and people have now taken to the streets…
Google has announced recently that the company will be offering financial support to local newsrooms hit by the economic fallout of the COVID-19 pandemic, as part of its Google News Initiative. The company, however, did not disclose the size of the funding it would offer through the relief fund. The company made the announcement in…