Google-parent Alphabet to donate $800 million in response to coronavirus disaster

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FILE PHOTO: The emblem of Google is seen in Davos, Switzerland Januar 20, 2020. REUTERS/Arnd Wiegmann/File Picture

(Reuters) – Alphabet Inc (GOOGL.O) will donate greater than $800 million in funds in the direction of producing medical provides used to battle COVID-19, and in advert credit to authorities and well being organizations and companies, Chief Govt Officer Sundar Pichai stated on Friday.

The corporate is working with Magid Glove and Security to supply 2 million to three million face masks, and can financially help efforts to spice up the manufacturing capability for lifesaving medical gadgets and private protecting tools, Pichai stated.

The speedy outbreak, which has killed practically 25,000 folks globally, has strained healthcare methods all over the world and led to a scarcity of medical tools together with face masks and ventilators.

The corporate will present $340 million in Google advert credit to small and medium companies energetic on its platform and $250 million in advert grants for the World Well being Group and lots of authorities companies, Pichai stated in a weblog submit.

Reporting by Munsif Vengattil in Bengaluru; Enhancing by Shinjini Ganguli

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