Sydney: Google has announced that it will invest A$1bn ($740m, £550m) in Australia over the next five years.
The development came ten months, it had threatened to pull Search out of Australia and it would be the US technology giant’s largest investment in the country to date.
“Money shall be used to build a research hub, increase its cloud computing capacity and fund partnerships with local organisations,” Google said in a statement.
The move – named the Digital Future Initiative – is expected to directly create 6,000 jobs and support 28,000 overall.
Related posts:
Vows to replace ‘drug syringes’ with ‘tiffin boxes’ by opening new vistas of employment
Cricketer Rishabh Pant meets with a road accident, condition critical
Soldier's five-year-old daughter burnt alive in car in Ferozepur
Man arrested for illegal mining, damaging plantation at forest land in Chamkaur Sahib