Alphabet Inc’s Google plans to invest more than US$13 billion this year on new and expanded data centers and offices across the US.
Chief executive Sundar Pichai in a blog post on Wednesday announcing the news said that the company is growing outside its Mountain View, California, home and across the midwest and south.
“2019 marks the second year in a row we’ll be growing faster outside of the [San Francisco] Bay Area than in it,” he wrote.
Google is to build new data centers in Nevada, Texas, Oklahoma, Nebraska, Ohio, South Carolina and Virginia.
Pichai estimated that the construction of the new centers would employ 10,000 workers.
It makes good political sense for Google to highlight its expansions outside coastal cities, CFRA Research analyst Scott Kessler said.
US legislators have paid increasing attention to Google and other big tech companies over the past year and are considering passing privacy laws to regulate the companies’ reach, he said, adding that investing more widely across the US could help it curry favor with federal politicians and officials.
Google is focused on expanding its cloud computing business, a market where it faces stiff competition from larger rivals Amazon.com Inc and Microsoft Corp.
The company would have a physical presence in 24 states by the end of the year. It currently has locations in 21 states, and is expanding into Nevada, Ohio and Nebraska.
Its expansion is likely also a way to attract new employees, Kessler said.
Google is add an office in Georgia, and expand its offices in several cities, including in Seattle and Chicago.
Google said it spent more than US$9 billion on similar expansions across the country last year.
The company did not give an exact number of employees it expects to hire as a result of the expansions, but said that it would hire “tens of thousands” of full-time workers.
Taiwan’s rapidly aging population is fueling a sharp increase in homes occupied solely by elderly people, a trend that is reshaping the nation’s housing market and social fabric, real-estate brokers said yesterday. About 850,000 residences were occupied by elderly people in the first quarter, including 655,000 that housed only one resident, the Ministry of the Interior said. The figures have nearly doubled from a decade earlier, Great Home Realty Co (大家房屋) said, as people aged 65 and older now make up 20.8 percent of the population. “The so-called silver tsunami represents more than just a demographic shift — it could fundamentally redefine the
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare earth materials, represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry, threatening to stall the chips powering the artificial intelligence (AI) boom. They prompted US President Donald Trump on Friday to announce that he would impose an additional
China Airlines Ltd (CAL, 中華航空) said it expects peak season effects in the fourth quarter to continue to boost demand for passenger flights and cargo services, after reporting its second-highest-ever September sales on Monday. The carrier said it posted NT$15.88 billion (US$517 million) in consolidated sales last month, trailing only September last year’s NT$16.01 billion. Last month, CAL generated NT$8.77 billion from its passenger flights and NT$5.37 billion from cargo services, it said. In the first nine months of this year, the carrier posted NT$154.93 billion in cumulative sales, up 2.62 percent from a year earlier, marking the second-highest level for the January-September
Asian e-commerce giant Shein’s (希音) decision to set up shop in a historic Parisian department store has ruffled feathers in the fashion capital. Anger has been boiling since Shein announced last week that it would open its first permanent physical store next month at BHV Marais, an iconic building that has stood across from Paris City Hall since 1856. The move prompted some French brands to announce they would leave BHV Marais, but the department store had already been losing tenants over late payments. Aime cosmetics line cofounder Mathilde Lacombe, whose brand was among those that decided to leave following
RSS