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4chan founder Chris Poole has left Google

4chan founder Chris Poole has left Google

Key PointsChris Poole, who founded controversial online community 4chan before joining Google in 2016, has left the search giant after jumping among several groups within the company, CNBC has learned.Poole's last official day at Google was April 13th, according to an internal repository viewed by CNBC, which described his last role as a product manager. Oftentimes, employee shares attached to hiring vest at the five-year mark, though it's unclear if that's a reason for Poole's departure now.Poole did not respond to multiple requests for comment. Google confirmed that Poole is no longer...

April 23, 2021
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Google is accelerating partial reopening of offices and putting limits on future of remote work

Google is accelerating partial reopening of offices and putting limits on future of remote work

Key PointsIn this articleGoogle and the future of remote work, one of the first major U.S. companies to send employees home last year because of the coronavirus, is setting new remote work guidelines as it speeds up plans to get staffers back to the office.As millions more Americans get vaccinated by the day, Google is accelerating reopening plans in some parts of the U.S. on a volunteer basis ahead of the Sept. 1 return , according to internal documents viewed by CNBC. Offices will reopen in a limited capacity in April based on vaccine availability and a downward trend in Covid-19...

March 31, 2021
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Google to spend $7 billion on data centers and office space in 2021

Google to spend $7 billion on data centers and office space in 2021

Key PointsIn this articleGoogle says it plans to spend more than $7 billion on real estate across the U.S. in 2021 as it resumes spending in the wake of the Covid-19 pandemic.The company said the money will go toward expanding offices and data centers across 19 states, creating what will amount to at least 10,000 full-time jobs. Some $1 billion will go specifically toward California."Coming together in person to collaborate and build community is core to Google's culture, and it will continue to be an important part of our future," CEO Sundar Pichai said in an blog post Thursday. "So we...

March 18, 2021
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Google Cloud lost $5.61 billion on $13.06 billion revenue last year

Google Cloud lost $5.61 billion on $13.06 billion revenue last year

Key Points's cloud business reported operating loss of $5.61 billion in 2020. It brought in $13.06 billion in revenue for the year.It's the first time the company revealed the operating income metric for its cloud business.The unit's losses appear to be growing as the company invests heavily in sales staff. The company said the cloud unit lost $4.65 billion on $8.92 billion in revenue in 2019, and lost $4.35 billion on $5.84 billion in revenue in 2018.It lost $1.24 billion on revenue of $3.83 billion in Q4 2020.Alphabet shares surge after beating on both top and bottom lineAlphabet's latest...

February 2, 2021
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Google says it won't fund members of Congress who voted against election results

Google says it won't fund members of Congress who voted against election results

Key PointsIn this articleGoogle's political action committee won't fund members of Congress who voted against the presidential election results, the company confirmed to CNBC on Monday evening."After the disturbing events at the Capitol, NetPAC paused all contributions while undertaking a review," a Google spokesperson said in an emailed statement to CNBC. "Following that review, the NetPAC board has decided that it will not be making any contributions this cycle to any member of Congress who voted against certification of the election results."Axios first reported the funding pause.Last...

January 26, 2021
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Alphabet cancels Loon, project to beam internet to earth from balloons

Alphabet cancels Loon, project to beam internet to earth from balloons

Key PointsIn this articleGoogle parent-company is saying goodbye to another one of its long-term experimental bets — this time, it's Loon, the gigantic balloons the company had hoped to beam internet to rural areas of the world."While we've found a number of willing partners along the way, we haven't found a way to get the costs low enough to build a long-term, sustainable business," said Loon CEO Alastair Westgarth said in a Thursday. "Developing radical new technology is inherently risky, but that doesn't make breaking this news any easier. Today, I'm sad to share that Loon will be...

January 22, 2021
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More than 50 police officers were hurt at pro-Trump riot at the Capitol that also killed 4

More than 50 police officers were hurt at pro-Trump riot at the Capitol that also killed 4

Key PointsDC mayor extends public emergency another 15 days to cover Inauguration DayAt least 50 police officers were injured in the Capitol riot that also killed four people after supporters of President Donald Trump invaded the building to prevent the confirmation of Joe Biden's electoral victory.One woman was shot by a police officer, while another woman and two men died from "medical emergencies," police said. Authorities later identified the woman who was shot as Ashli Babbitt, described in media as a pro-Trump, 35-year-old California native and Air Force veteran."As protesters were...

January 7, 2021
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Google CEO delays office return to next September, but axes idea of permanent remote work

Google CEO delays office return to next September, but axes idea of permanent remote work

Key PointsGoogle is delaying employees' return to offices to September 1, and will expect employees to report to work in-person for at least three days a week thereafter, according to an email from CEO Sundar Pichai.The email, which was viewed by CNBC and previously reported by , included a link to a FAQ that detailed further expectations for office returns, including that it expects workers to "live within commuting distance" of offices."When we closed most of our offices back in March, we didn't know what course the pandemic would take," Pichai said in the email to employees Sunday night....

December 14, 2020
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Google has begun allowing employees to hold some meetings outdoors on campus

Google has begun allowing employees to hold some meetings outdoors on campus

Key Points has begun holding in-person meetings outdoors on company campuses as it prepares for employees to return to offices next year.A company spokesperson told CNBC it's begun hosting "onsite off-sites," or socially distanced meetings, on lawns and other areas on its campuses where it's allowed by authorities. It's a way to bring aboard new hires and collaborate on important projects offline amid the pandemic, which has required most employees to work from home, the company said."Engineering leaders typically, when they wanted to collaborate and build a product plan for the next...

December 3, 2020
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Microsoft's search revenue decline could spell bad news for Google

Microsoft's search revenue decline could spell bad news for Google

Key PointsMicrosoft is forecasting a continued slowdown in its search ad revenue, which could spell bad news for Google parent-company , which reports its earnings on Thursday. 's latest results across the board, but the company saw a 10% year-over-year drop in search advertising revenue, and reported continued decrease for its guidance for the next quarter, according to its it released Tuesday. For the December quarter, Microsoft CFO Amy Hood said "in search excluding TAC, we expect revenue to decline in the mid to high single digit range" during a call with Microsoft investors...

October 28, 2020
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