Trump thanks Google for coronavirus collaboration
President Trump discusses working with Google to set up a website to facilitate coronavirus testing across the country.
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Google is pledging more than $800 million to help with the worldwide response to the coronavirus pandemic, including free advertising credits for small businesses, CEO Sundar Pichai announced Friday.
“As the coronavirus outbreak continues to worsen around the world, it’s taking a devastating toll on lives and communities,” Pichai wrote in a blog post announcing the financial commitment.
Google committed to providing $250 million in ad grants to help the World Health Organization and more than 100 world government agencies to provide information about preventing the virus’s spread on top of $25 million the company announced last month and $20 million in ad grants for nongovernment organizations and community financial institutions to run public service announcements.
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The company also promised a $200 million investment fund to support those NGOs and financial institutions providing small businesses with capital.
“As one example, we’re working with the Opportunity Finance Network in the U.S. to help fill gaps in financing for people and communities underserved by mainstream financial institutions,” Pichai wrote.
For small- and medium-sized businesses with active Google Ads accounts over the past year, the company pledged to provide a total of $340 million in credits usable at any point this year.
“We hope it will help to alleviate some of the cost of staying in touch with their customers,” Pichai wrote.
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