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New York Markets After Hours

March 31, 2020, 1:32 p.m. EDT

Google Cloud CEO says video-conferencing use is soaring into the clouds

The head of Alphabet Inc.'s (NAS:GOOGL) (NAS:GOOG) Google Cloud division issued a blog post Tuesday in which he said daily usage of its premium video-conferencing product Google Meet is more than 25 times what it was in January. The outbreak of COVID-19 crisis has resulted in a flood of educators using it and the free service, Google Hangouts, according to Thomas Kurian. Over the last few weeks, he said, Meet's day-over-day growth surpassed 60%.

Link to MarketWatch's Slice.