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An Android statue is displayed in front of a building on the Google campus on January 31, 2022 in Mountain View, California. Google parent company Alphabet will report fourth quarter earnings on Tuesday after the closing bell.

Justin Sullivan | Getty Images

Google no longer requires people to be vaccinated against Covid in order to enter its buildings.

In a companywide email sent to employees Tuesday, which was viewed by CNBC, Google VP of global security Chris Rackow said “vaccines will no longer be required as a condition of entry to any of our buildings.”

“Last month marks three years since the World Health Organization declared a global pandemic,” Rackow wrote in his memo. “We put in place emergency measures such as our Covid-19 vaccine policy to keep everyone safe, but now the world is in a very different place. Most people today have some level of immunity against COVID-19, case rates and hospitalizations have stabilized for many months now, and governments all around the world — including the U.S. — are ending emergency declarations, lifting restrictions and ending vaccination mandates.”

In December 2021, Google told employees that they must comply with vaccine policies or they’d face losing pay and then eventually losing their job, citing rules for government contractors. Then, in February, ahead of asking employees to come back to offices and the U.S. appeals court deciding that rule’s legal standing, the company relaxed policies around requiring vaccines for employment, as well as other rules around testing, social distancing and masks.

However, it still required employees to be vaccinated to enter company sites.

Several hundred Google employees at the time signed and circulated a manifesto opposing the company’s Covid vaccine mandate, arguing leadership’s decision will have an outsized influence in corporate America. It also noted outbreaks kept happening at Google offices among vaccinated employees while those who declined to declare their vaccination status were still banned from offices and other gatherings including off-sites, summits and team events.

In his email, Rackow encouraged employees to remain up to date with their Covid vaccines going forward, “just as we encourage everyone to get a flu shot every year,” adding that the vaccines have been “critical” to keeping Google employees safe in the workplace.

The mandate change comes after President Joe Biden signed a bill Monday to end the national emergency declared during the Covid pandemic that has been in place for more than three years. In January, WHO Director-General Tedros Adhanom Ghebreyesus said Covid remains a global health emergency, though weekly Covid deaths have dropped 70% since the peak of the first massive omicron wave in February 2022. However, deaths started increasing again in December as China, the world’s most populous country, faced its largest wave of infection yet.

The mandate change also comes as Google has struggled to get employees back into physical offices and as the company has begun downsizing its real estate amid broader cost-cutting efforts. A CNBC report last month showed Google plans to ask cloud employees and partners to share desks at the division’s five largest locations, which include New York and San Francisco.

Google declined to comment.

Read the full memo below:

“Last month marks three years since the World Health Organization declared a global pandemic. We put in place emergency measures such as our Covid-19 vaccine policy to keep everyone safe, but now the world is in a very different place. Most people today have some level of immunity against Covid-19, case rates and hospitalizations have stabilized for many months now, and governments all around the world — including the U.S. — are ending emergency declarations, lifting restrictions and ending vaccination mandates.

Based on this, we’re now lifting our global vaccine policy. This means that vaccines will no longer be required as a condition of entry to any of our buildings. Those with existing accommodations will receive an email with further guidance.

Covid-19 vaccines have been a critical part of our overall strategy to keep Googlers safe, especially in the workplace. They also have the benefit of reducing the risk of severe disease if you get infected and have helped to protect vulnerable members of our community. We encourage everyone to remain up to date with their Covid-19 vaccines going forward, just as we encourage everyone to get a flu shot every year.

We’ll continue to follow all local regulations and will maintain our cleaning and ventilation standards in the office, and we ask that you do your part by monitoring your health and staying home if you feel sick.

We’ve come through an extraordinary time, which called on us to adapt and come together in ways we couldn’t have imagined. I am proud and grateful for the resilience you’ve all shown as we navigated so much uncertainty—for our company and the world—over the past few years. 

Thank you again for everything you do to keep your colleagues and communities safe.

Chris”

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U.S. lifts chip software curbs on China amid trade truce, Synopsys says

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U.S. lifts chip software curbs on China amid trade truce, Synopsys says

Synopsys logo is seen displayed on a smartphone with the flag of China in the background.

Sopa Images | Lightrocket | Getty Images

The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced Thursday. 

“Synopsys is working to restore access to the recently restricted products in China,” it said in a statement

The U.S. had reportedly told several chip design software companies, including Synopsys, in May that they were required to obtain licenses before exporting goods, such as software and chemicals for semiconductors, to China. 

The U.S. Commerce Department did not immediately respond to a request for comment from CNBC.

The news comes after China signaled last week that they are making progress on a trade truce with the U.S. and confirmed conditional agreements to resume some exchanges of rare earths and advanced technology.

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Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

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Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

The Datadog stand is being displayed on day one of the AWS Summit Seoul 2024 at the COEX Convention and Exhibition Center in Seoul, South Korea, on May 16, 2024.

Chris Jung | Nurphoto | Getty Images

Datadog shares were up 10% in extended trading on Wednesday after S&P Global said the monitoring software provider will replace Juniper Networks in the S&P 500 U.S. stock index.

S&P Global is making the change effective before the beginning of trading on July 9, according to a statement.

Computer server maker Hewlett Packard Enterprise, also a constituent of the index, said earlier on Wednesday that it had completed its acquisition of Juniper, which makes data center networking hardware. HPE disclosed in a filing that it paid $13.4 billion to Juniper shareholders.

Over the weekend, the two companies reached a settlement with the U.S. Justice Department, which had sued in opposition to the deal. As part of the settlement, HPE agreed to divest its global Instant On campus and branch business.

While tech already makes up an outsized portion of the S&P 500, the index has has been continuously lifting its exposure as the industry expands into more areas of society.

DoorDash was the latest tech company to join during the last rebalancing in March. Cloud software vendor Workday was added in December, and that was preceded earlier in 2024 with the additions of Palantir, Dell, CrowdStrike, GoDaddy and Super Micro Computer.

Stocks often rally when they’re added to a major index, as fund managers need to rebalance their portfolios to reflect the changes.

New York-based Datadog went public in 2019. The company generated $24.6 million in net income on $761.6 million in revenue in the first quarter of 2025, according to a statement. Competitors include Cisco, which bought Splunk last year, as well as Elastic and cloud infrastructure providers such as Amazon and Microsoft.

Datadog has underperformed the broader tech sector so far this year. The stock was down 5.5% as of Wednesday’s close, while the Nasdaq was up 5.6%. Still, with a market cap of $46.6 billion, Datadog’s valuation is significantly higher than the median for that index.

— CNBC’s Ari Levy contributed to this report.

CNBC: Datadog CEO Olivier Pomel on the cloud computing outlook

Datadog CEO Olivier Pomel on the cloud computing outlook

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Ether and related stocks gain amid the latest crypto craze: Tokenization

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Ether and related stocks gain amid the latest crypto craze: Tokenization

A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023.

Dado Ruvic | Reuters

Stocks tied to the price of ether, better known as ETH, were higher on Wednesday, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization.

BitMine Immersion Technologies, a bitcoin miner that announced plans this week to make ETH its primary treasury reserve asset, jumped about 20%. It’s gained more than 1,000% since the announcement. Betting platform SharpLink Gaming, which has also initiated an ETH treasury strategy, added more than 11%. Bit Digital, which last week exited bitcoin mining to focus on its ETH treasury and staking plans, jumped more than 6%.

“We’re finally at the point where real use cases are emerging, and stablecoins have been the first version of that at scale but they’re going to open the door to a much bigger story around tokenizing other assets and using digital assets in new ways,” Devin Ryan, head of financial technology research at Citizens.

On Tuesday, as bitcoin ETFs snapped a 15-day streak of inflows, ether ETFs saw $40 million in inflows led by BlackRock’s iShares Ethereum Trust. ETH ETFs came back to life in June after much concern that they were becoming zombie funds.

The price of the coin itself was last higher by 5%, according to Coin Metrics, though it’s still down 24% this year.

Ethereum has been struggling with an identity crisis fueled by uncertainty about the network’s value proposition, weaker revenue since its last big technical upgrade and increasing competition from Solana. Market volatility, driven by geopolitical uncertainty this year, has not helped.

The Ethereum network’s smart contracts capability makes it a prominent platform for the tokenization of traditional assets, which includes U.S. dollar-pegged stablecoins. Fundstrat’s Tom Lee this week called Ethereum “the backbone and architecture” of stablecoins. Both Tether (USDT) and Circle‘s USD Coin (USDC) are issued on the network.

Fundstrat's Tom Lee on being named chairman of BitMine Immersion Technologies

BlackRock’s tokenized money market fund (known as BUIDL, which stands for USD Institutional Digital Liquidity Fund) also launched on Ethereum last year before expanding to other blockchain networks.

Tokenization is the process of issuing digital representations on a blockchain network of publicly traded securities, real world assets or any other form of value. Holders of tokenized assets don’t have outright ownership of the assets themselves.

The latest wave of interest in ETH-related assets follows an announcement by Robinhood this week that it will enable trading of tokenized U.S. stocks and ETFs across Europe, after a groundswell of interest in stablecoins throughout June following Circle’s IPO and the Senate passage of its proposed stablecoin bill, the GENIUS Act.

Ether, which turns 10 years old at the end of July, is sitting about 75% off its all-time high.

Don’t miss these cryptocurrency insights from CNBC Pro:

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