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Google CEO Sundar Pichai announcing the Grow with Google program. Photo: Google

Google CEO Sundar Pichai was in Pittsburgh Wednesday to announce a new five-year, $1 billion program to help close the global education gap. Part of the program was a new "Grow with Google" program to work with U.S. cities as well as a $10 million grant to Goodwill that will see Google employees working with the nonprofit to train people in digital skills.

Why it matters: Google, along with Apple, Microsoft and other big tech companies, have all launched significant efforts in recent months to demonstrate their commitment to education and U.S. jobs.

Here are the key components of Google's effort:

  • The U.S. Grow with Google initiative will allow communities to access trainings and other resources from Google. A multi-city tour to kick off the effort will start Nov. 10 in Indianapolis.
  • The partnership with Goodwill aims to have 1,000 Google employees training 1.2 million people in digital skills and job opportunities over the next three years.
  • The global effort will provide $1 billion in grants to nonprofits around the world. Google is pledging 1 million employee volunteer hours as well.

Other companies: Microsoft last week announced its TechSpark effort to work with a variety of rural communities and smaller cities to expand their tech job potential. Apple has been touting the number of U.S. jobs it has created and also launched a $1 billion fund designed to spur more advanced manufacturing here.

Go deeper

Updated 39 mins ago - Economy & Business

Ubisoft workers demand company accountability in open letter

Photo: Frederic Brown / Getty Images

Close to 500 current and former employees of “Assassin’s Creed” publisher Ubisoft are standing in solidarity with protesting game developers at Activision Blizzard with a letter that criticizes their company's handling of sexual misconduct.

Why it matters: Ubisoft and Activision Blizzard workers are framing the actions as part of a bigger movement meant to have lasting change in the industry and its culture.

Companies deploy tech to prevent retail crime

Customers in a Home Depot in Pleasanton, California, in February 2021. Photo: David Paul Morris/Bloomberg via Getty Images

Retailers have a new edge for fighting theft: They're using technology to disable stolen goods — from iPhones to Black & Decker drills — and render them useless.

Why it matters: Organized retail crime has a considerable affect on retailers every year, costing them an average of $719,000 per $1 billion dollars in sales, according to estimates from the National Retail Federation.

Dan Primack, author of Pro Rata
1 hour ago - Podcasts

Spotify CEO Daniel Ek does a podcast on the future of podcasts

Spotify on Wednesday reported significant ad revenue growth from its podcast business, as part of its quarterly earnings disclosure.

Take a listen: Company founder and CEO Daniel Ek appeared on the Axios Re:Cap podcast to discuss how the podcast business model is changing, why he's spending big on exclusive shows and his personal favorites in both podcasting and music.