Loon, a unit of Google’s owner Alphabet Inc , which uses high-altitude balloons to provide mobile internet to remote areas, has signed a deal with Vodacom to expand the South African mobile operator’s network in Mozambique.
Google-parent Alphabet Inc’s worst fourth-quarter revenue growth since 2015 sent shares down nearly 5% on Monday, overshadowing the disclosure for the first time of YouTube advertising revenue.
Five of the world’s largest tech companies have been accused of being complicit in the death of children in the Democratic Republic of Congo forced to mine cobalt, a metal used to make telephones and computers, in a landmark lawsuit.
Google has increased spending in recent years on areas including cloud computing and consumer electronics that it views as essential to maintaining its industry leadership.
French investigators have been seeking to establish whether Google, whose European headquarters are based in Dublin, failed to pay its dues.