Technology

● Funding of up to US$21 billion is described as coming from Japan.

● Adjusted EBITDA rose 62% to US$62.4 million, a 20.9% margin.

● The net loss narrowed to US$21.2 million from US$44.1 million a year earlier.

● Second-quarter core sales rose 17 per cent to US$4.74 billion.

● Second-quarter capital spending was $44.9 billion, leaving free cash flow negative at $5.9 billion.

● Google Cloud revenue rose 82% to $24.8 billion, with $8.8 billion of operating income.

● The price is US$190 million in cash and US$60 million in stock.