Google earmarks $740 million for Australia to mend ties after exit threat

Google earmarks $740 million for Australia to mend ties after exit threat

Information about Google earmarks $740 million for Australia to mend ties after exit threat

Kevin David


SYDNEY (Reuters) -Google will spend A$1 billion ($736 million) in Australia over five years, the internet giant said on Tuesday, resetting ties months after a threat https://www.reuters.com/article/us-australia-media-google-idUSKBN29R04O to pull its services to avoid tougher government regulation.
The main operating unit of Alphabet Inc said it planned to expand cloud infrastructure, set up a research hub staffed by Australian researchers and engineers, and partner with science agency the Commonwealth Scientific and Industrial Research Organisation (CSIRO).
Google Australia Managing Director Mel Silva, who earlier this year threatened to block Google’s search engine in the country, said the spending plan would bring significant technology resources and investment.
Prime Minister Scott Morrison called the plan a “A$1 billion vote of confidence” in Australia, and said it would “bring more STEM jobs to our shores”, using the acronym for science, technology, engineering and mathematics.

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