Sure, Google only funds things that are related to what they care about, but of course that's the case. And these days the NSF is partnering with Intel, VMware, and others to give out grants on things that align with those companies.
The WSJ has been sniffing around for this for a long time, and actually was trying to get professors' private email claiming that their email should be in the public domain. (I don't know if they succeeded.) I actually see this as part of the larger trend of trying to discredit research.
Edited to add: the story focuses on policy and law research, which is easier to attack, and I don't have any interest in defending that. But I'm willing to bet that the amount of grant money Google gives out for that work is probably tiny compared to funding they give for CS research. And it's the latter I'm familiar with.