Google will invest $ 1 billion in housing construction in the San Francisco Bay area in the next ten years. The company will do so as the region’s largest employer. This was announced in the company's blog by its general director Sundar Pichai. He called the problem of the lack of affordable housing for people with low and middle incomes particularly acute and difficult for the city. Google has...

The most anticipated debut at the Cannes Lions-2019 festival will be the Chinese video application TikTok. It began testing ad placement features and is going to compete for advertisers with Instagram and Snapchat. TikTok has begun testing various products for advertisers, the Financial Times reported, citing several sources familiar with the company's plans. According to them, TikTok is testing...

Representatives of 661 US companies and trade associations sent an open letter to US President Donald Trump asking to seek an urgent solution to the problem of trade disputes with China. The business believes that the current confrontation is having a negative impact not only on companies, but also on consumers. On Thursday evening, participants of the Tariffs Hurt the Heartland public business...

American oil and gas company ExxonMobil and Saudi Basic Industries Corporation (SABIC) Petrochemical Corporation of Saudi Arabia will build a petrochemical plant in the US and the world's largest ethane steam cracking unit, the joint release of the companies says. "ExxonMobil and SABIC today announced a decision to begin construction of a chemical plant and ethane steam cracking unit with a...

IT company Salesforce.com concluded the largest deal in the field of mergers and acquisitions in its history by purchasing Tableau Software for $ 15.3 billion. Salesforce is known worldwide for its cloud-based CRM, and Tableau Software specializes in cloud computing, database processing, infographic construction, and data visualization for analysis. Tableau is headquartered in Seattle, and its...

American Intel has agreed to buy a startup Barefoot Networks in order to expand the scale of its network technology and better compete with Broadcom, said the IT giant. Although Intel is the largest manufacturer of computer chips in the United States, the company has not yet released chips that support data transmission over Ethernet, a widely used technology for connecting computers and servers....

According to WPP and Kantar, the most expensive brand in 2019 is Amazon. The value of the online retailer's brand has increased by 51% to $ 315.5 billion over the year. Thus, Amazon pushed away Google and Apple corporations, which had been sharing the first two places in the ranking since 2007. In general, the rating included 54 US companies and 15 Chinese companies. For the first time since...

Large technology companies, including Intel and Qualcomm, have prohibited their employees from communicating with employees of Chinese Huawei because of the US Department of Commerce sanctions. Such a policy may slow down creation of a global 5G network. Intel, Qualcomm and a number of other technology companies have banned employees from communicating informally with employees of the Chinese...

According to Bain consulting company, almost 30% of retailers in the United States will find themselves at risk of bankruptcy or absorption by competitors in the near future. Researchers believe that in order to avoid such a scenario, retailers need to urgently adapt to the new realities of the market and build promising business models. American consulting company Bain&Company has released a...