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Google Is Restructuring Under a New Company Called Alphabet

Aug 11

Mark Wilson writes: Sundar Pichai is the new CEO of Google as the company undergoes a huge restructuring. Co-founders Larry Page and Sergey Brin are moving to a new company called Google Alphabet which will serve as an umbrella company for Google and its various projects. Google itself is being, in Page’s words, “slimmed down” and the change is quite an extraordinary one. Page quotes the original founders’ letter that was written 11 years go. It states that “Google is not a conventional company”, and today’s announcement makes that perfectly clear. There’s a lot to take in…Google Alphabet is, essentially, the new face of Google. Page chose to make the announcement in a blog post that went live after the stock markets closed. This is more than just a rebranding, it is a complete shakeup, the scale of which is almost unprecedented.


Read more of this story at Slashdot.

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