Thursday, April 29, 2021

Google saved over $1 billion with employees working from home, claims report

According to a report by Bloomberg, during the first quarter, Google parent company Alphabet saved $268 million in expenses “primarily as a result of COVID-19” compared to the same period a year earlier. This money is otherwise spent on promotions, travel and entertainment. https://ift.tt/2RcDpV6

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...