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Google CEO Pichai: Economic instability will affect tech sector

Internet giant looks to long term for hiring and investment, top exec says

Google CEO Sundar Pichai speaks at the company's annual developers conference, Google I/O, on May 11 in Mountainview, California. (Photo courtesy of Google)

PALO ALTO, U.S. -- With fears of a recession growing, macroeconomic factors "will affect the tech sector," said Google CEO Sundar Pichai in an interview with Nikkei and other news outlets on Tuesday.

He also said the company would speed up its response to tighter regulations being rolled out around the world to protect internet users, signaling that tech giants are at a turning point.

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