Google responds to coronavirus pandemic with relief fund

Google introduced in a weblog submit on March 27 that will probably be providing $340 million in Google Ads credit to small companies which have an account with them. 

“As the coronavirus outbreak continues to worsen around the world, it’s taking a devastating toll on lives and communities,” Google CEO Sundar Pichai wrote in a weblog submit.

The $340 million is a part of an $800 million package deal that it put collectively to assist assist small- and medium-sized companies, well being organizations and governments, in addition to well being employees on the frontline of the coronavirus pandemic. 

In addition to the $340 million in Google Ads credit for small companies, $250 million in advert grants will probably be put towards serving to the World Health Organization and greater than 100 world authorities businesses unfold essential details about COVID-19.

Google can even put $200 million into an funding fund that may “support NGOs and financial institutions around the world to help provide small businesses with access to capital.” And $20 million in Google Cloud credit has been put aside for educational establishments and researchers finding out potential vaccines and therapies for COVID-19.

The firm additionally introduced that will probably be growing the reward match it gives workers yearly, from $7,500 to $10,000.

Google is only one of a handful of tech giants working to relieve the financial stress brought on by the coronavirus. According to a report by CNBC, Apple, Salesforce, and Facebook have additionally funded relief efforts amid the worldwide pandemic.

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