Google Creates New Parent Company Called Alphabet
9 years, 7 months ago

Google Creates New Parent Company Called Alphabet

NPR  

Google Creates New Parent Company Called Alphabet Enlarge this image toggle caption Seth Wenig/AP Seth Wenig/AP On Monday, Google CEO Larry Page announced the formation of a new parent company for Google called Alphabet. Page says that he will be CEO of Alphabet and that Google co-founder Sergey Brin will be president of the new company. Page wrote that the new structure will allow Google "more management scale," by allowing leadership at the company to "run things independently that aren't very related." Alphabet will also replace Google Inc. as the publicly traded entity and "all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights," Page wrote, with Google becoming a wholly owned subsidiary of Alphabet.

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History of this topic

Alphabet share price dips 5% this week. Erodes $200 billion Mcap of Google brand owner
1 month, 3 weeks ago

Alphabet share price dips 5% this week. Erodes $200 billion Mcap of Google brand owner

Live Mint  

The multinational technology conglomerate and Google's holding company, Alphabet Inc., shares have lost 5 per cent this week, wiping off nearly $200 billion in market capitalisation, according to stock market data. The results showed that the company's growth slowed down in the Cloud segment compared to the market expectations, and the massive spending structure upset stock market investors as the …

Google’s corporate parent still prospering amid shift injecting more AI technology in search
8 months, 1 week ago

Google’s corporate parent still prospering amid shift injecting more AI technology in search

Associated Press  

SAN FRANCISCO — Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire. Although the change sparked fear and outrage among online publishers worried their traffic will plummet, Google is still thriving and propelling Alphabet’s success. That division, Google’s fastest growing segment, …

Google wants a piece of Microsoft’s cyber-security business
8 months, 2 weeks ago

Google wants a piece of Microsoft’s cyber-security business

The Economist  

Listen to this story. I N LATE 2022 Wiz, a cyber-security startup, boasted that it was “the fastest-growing software company ever”. And whereas many cyber-security incumbents, such as Palo Alto Networks and Fortinet, mostly sell firewalls and other safeguards for older IT systems, Wiz has from the start specialised in protecting the cloud. Wiz would enable Google’s clients to assess …

Here's how much Google's parent company, Alphabet, earned per second in first 3 months of 2024
10 months, 1 week ago

Here's how much Google's parent company, Alphabet, earned per second in first 3 months of 2024

India TV News  

Here's how much Google's parent company, Alphabet, earned per second in first 3 months of 2024 Google's parent company, Alphabet, net profit dropped in 2022 due to various factors. According to a report on Tuesday, Google's parent company's net income increased by 615 percent over the past decade, which is 8 times more than Apple's and twice as much as …

From dorm room to global giant: Google's inspirational 25 years journey
1 year, 6 months ago

From dorm room to global giant: Google's inspirational 25 years journey

India TV News  

On Google's 25th Anniversary, the tech giant, in a blog post, expressed a sense of reflection, highlighting the importance of birthdays as an occasion to reminisce. Google's story commenced with doctoral students Sergey Brin and Larry Page, who serendipitously met during Stanford University's computer science program in the late 1990s. From Dorm Rooms to Garages: The Birth of Google Inc. …

Google parent Alphabet lays off ‘hundreds’ from global recruitment team
1 year, 6 months ago

Google parent Alphabet lays off ‘hundreds’ from global recruitment team

Hindustan Times  

Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to slow hiring, it said on Wednesday. The company's decision to let go of a few hundred employees is not part of a wide-scale layoff and will retain a significant majority of the team for hiring critical roles. Alphabet is the first "Big …

Google parent company Alphabet announces nearly 12,000 job cuts worldwide
2 years, 2 months ago

Google parent company Alphabet announces nearly 12,000 job cuts worldwide

Hindustan Times  

Google's parent company Alphabet announced about 12,000 job cuts globally on Friday, becoming the latest US tech giant to enact large-scale restructuring. "We've decided to reduce our workforce by approximately 12,000 roles," Alphabet CEO Sundar Pichai said in an email to employees. "We've decided to reduce our workforce by approximately 12,000 roles," Alphabet CEO Sundar Pichai said in an email …

Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce
2 years, 2 months ago

Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce

Live Mint  

Google parent Alphabet Inc on Friday announced 12,000 job cuts, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring. The cuts will affect jobs globally and across the entire company, its Chief Executive Officer Sundar Pichai said in a staff memo on Friday. Pichai said Alphabet would be …

Google parent Alphabet beats earnings expectations
3 years, 2 months ago

Google parent Alphabet beats earnings expectations

Al Jazeera  

The search-engine giant’s internet advertising and cloud computing businesses benefitted from a surge in online shopping. Alphabet Inc and its Google unit on Tuesday reported higher-than-expected fourth-quarter sales as the search-engine giant’s internet advertising and cloud computing businesses benefitted over the holiday season from the growing surge in online shopping. The company’s third straight quarter of record sales reflects the …

Facebook Inc to rename the company by next week
3 years, 5 months ago

Facebook Inc to rename the company by next week

Op India  

Social media giant Facebook Inc, which owns popular apps like Facebook, Instagram, WhatsApp, Oculus, is planning to change its name to reflect that it is no longer a one-app company. In July, Mark Zuckerberg had told The Verge, “We will effectively transition from people seeing us as primarily being a social media company to being a metaverse company.” Another benefit …

Google’s Parent Alphabet to Launch Robotics Firm Intrinsic
3 years, 8 months ago

Google’s Parent Alphabet to Launch Robotics Firm Intrinsic

News 18  

Alphabet’s secretive research unit said on Friday it will launch Intrinsic, its new robotics software and artificial intelligence project, under the Google parent’s segment that houses futuristic businesses such as Verily and Waymo. To expand beyond its main search and advertising business, Google in 2015 established Alphabet as a holding company overseeing various “other bets”, ranging from its autonomous vehicle …

Eric Schmidt leaves Google's parent company Alphabet after 19 years
4 years, 10 months ago

Eric Schmidt leaves Google's parent company Alphabet after 19 years

India TV News  

Former Google CEO Eric Schmidt who was a member of Alphabets board for over 18 years has finally resigned from the company. In May last year, Sundar Pichai-run Alphabet announced that after over 18 years on the Board, "Eric Schmidt is not seeking re-election at the expiration of his current term on June 19". Schmidt exited as a technical advisor …

Google's parent company Alphabet is now worth $1 trillion, joins Apple, Microsoft and Amazon
5 years, 2 months ago

Google's parent company Alphabet is now worth $1 trillion, joins Apple, Microsoft and Amazon

India Today  

When it comes to business volumes, Google is one of the few brands in the tech industry to operate on many fronts. In a latest report from CNBC, Google's parent company Alphabet has finally reached the $1 trillion mark, thereby becoming the fourth company in the world to be a part of the exclusive $1 trillion companies club. For Alphabet, …

Google’s parent, Alphabet Inc, valued at more than $1 trillion
5 years, 2 months ago

Google’s parent, Alphabet Inc, valued at more than $1 trillion

Al Jazeera  

Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street. Globally, the list is topped by Saudi Aramco, Saudi Arabia’s national oil company, which went public last month and currently has …

Alphabet legal head Drummond exits, giving its new CEO chance to shake up team
5 years, 2 months ago

Alphabet legal head Drummond exits, giving its new CEO chance to shake up team

Firstpost  

Drummond, also senior vice president of corporate development, had been with Google since its start in 1998. Alphabet’s new Chief Executive Sundar Pichai on Friday gained the opportunity to reshape the leadership of Google’s parent with the exit of Chief Legal Officer David Drummond, whose outsized strategic role was overshadowed by employee concerns about his personal relationship with a subordinate. …

#Newsmaker: Sundar Pichai and the Alphabet soup
5 years, 3 months ago

#Newsmaker: Sundar Pichai and the Alphabet soup

Hindustan Times  

Now that the euphoria about Sundar Pichai, a man of Indian origin, taking over as CEO of Alphabet, Google’s parent company, has somewhat abated, things must be stated as is. As Pichai takes over as CEO of Alphabet as well as Google, he could be heading for a clash with founders Larry Page and Sergey Brin. Regulatory authorities in the …

From Alphabet to Google Fiber - Here are 8 companies Sundar Pichai heads
5 years, 3 months ago

From Alphabet to Google Fiber - Here are 8 companies Sundar Pichai heads

India TV News  

Google chief Sundar Pichai has now taken over as the Chief Executive Officer of Alphabet, Google's parent company. GV GV, formerly Google Ventures, is the venture capital investment arm of Alphabet Inc., founded by Bill Maris, that provides seed, venture and growth-stage funding to technology companies. X - The Moonshot Factory X Development is an American semi-secret research and development …

Here's how founders Larry Page and Sergey Brin slowly moved away from Google's operations
5 years, 3 months ago

Here's how founders Larry Page and Sergey Brin slowly moved away from Google's operations

Firstpost  

Page and Brin still hold 51% of Alphabet’s voting shares, giving them effective control over the company. On Tuesday, Page and Sergey Brin, his Google co-founder, said they were stepping down from day-to-day executive roles at Alphabet, Google’s parent company. “It’s an impossible job now,” said Shane Greenstein, a professor at Harvard Business School who has studied Google and its …

Google co-founders Larry Page, Sergey Brin step down, Sundar Pichai takes over
5 years, 3 months ago

Google co-founders Larry Page, Sergey Brin step down, Sundar Pichai takes over

India TV News  

Google’s co-founders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress, are taking a keen interest in possible abuse of its privacy practices and market power. Larry Page and Sergey Brin are stepping down as CEO and president, respectively, of Google parent company Alphabet. Offended lawmakers derided Google as …

Google co-founders Larry Page and Sergey Brin have passed on the Alphabet baton
5 years, 3 months ago

Google co-founders Larry Page and Sergey Brin have passed on the Alphabet baton

Firstpost  

Larry Page and Sergey Brin, the Stanford graduate students who founded Google more than two decades ago, are stepping down from executive roles at Google’s parent company, Alphabet, they announced Tuesday. While he has run the core Google business for four years, he has still reported to Page, Alphabet’s chief executive, and Brin, its president. “Instead of righting the sinking …

'Sundar Pichai brings humility, passion for technology to our users': Google co-founders Larry Page And Sergey Brin on new Alphabet CEO
5 years, 3 months ago

'Sundar Pichai brings humility, passion for technology to our users': Google co-founders Larry Page And Sergey Brin on new Alphabet CEO

Firstpost  

Google co-founders Larry Page and Sergey Brin stepped down from their posts as CEO and President respectively from Google’s parent company Alphabet. With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it’s the natural time to simplify our management structure. He will be the executive responsible and accountable for leading Google, and managing Alphabet’s …

Google CEO Sundar Pichai will now head both Google and parent company Alphabet
5 years, 3 months ago

Google CEO Sundar Pichai will now head both Google and parent company Alphabet

Firstpost  

Google’s parent company Alphabet has a new CEO and it’s none other than Sundar Pichai. In a public letter, both the co-founders wrote, “With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it’s the natural time to simplify our management structure. “We are deeply committed to Google and Alphabet for the long term and …

Sundar Pichai To Be Alphabet CEO As Google Co-Founders Leave Leadership Roles At Company
5 years, 3 months ago

Sundar Pichai To Be Alphabet CEO As Google Co-Founders Leave Leadership Roles At Company

Huff Post  

Current Google CEO Sundar Pichai is set to absorb their current responsibilities and become CEO of both Alphabet and Google. “While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents - offering advice and love, but not daily …

Google chief Sundar Pichai takes over as CEO of parent company Alphabet
5 years, 3 months ago

Google chief Sundar Pichai takes over as CEO of parent company Alphabet

India TV News  

Indian-origin Sundar Pichai was appointed the Chief Executive Officer of Alphabet by tech giant Google on Tuesday. Established in 2015, Alphabet is a "collection of companies" that separates Google from Other Bets which are not part of its core businesses like Waymo, Verily, Calico, Sidewalk Labs and Loon, according to TechCrunch. Google co-founders Larry Page and Brin, the CEO and …

Google founders Larry Page, Sergey Brin resign, Sundar Pichai is now CEO at Alphabet: Story in 10 points
5 years, 3 months ago

Google founders Larry Page, Sergey Brin resign, Sundar Pichai is now CEO at Alphabet: Story in 10 points

India Today  

Four years after Google changed its corporate structure, created Alphabet and appointed Sundar Pichai CEO of Google, the company is again making big changes. 1- The big news is that Google founders Larry Page and Sergey Brin are taking a step back. Larry Page until today was the CEO of Alphabet since Google carried out its corporate restructuring in 2015. …

Google CEO Sundar Pichai will head parent company Alphabet: Quick facts about him
5 years, 3 months ago

Google CEO Sundar Pichai will head parent company Alphabet: Quick facts about him

Firstpost  

Sundar Pichai first interviewed in Google in April 2004 and it was the same day that the company launched Gmail. Google Chief Executive Officer Sundar Pichai will replace company co-founder Larry Page as CEO of parent Alphabet Inc, the company said in a blog post on Tuesday. Below are some key facts about Pichai: * Born in Madurai, Tamil Nadu, …

Google co-founders Larry Page and Sergey Brin step down from Alphabet
5 years, 3 months ago

Google co-founders Larry Page and Sergey Brin step down from Alphabet

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Larry Page and Sergey …

Google co-founders step down as execs of parent Alphabet
5 years, 3 months ago

Google co-founders step down as execs of parent Alphabet

Daily Mail  

Google co-founders Larry Page and Sergey Brin are stepping down from their roles within the parent company, Alphabet. Larry Page and Sergey Brin have announced they will be stepping down as CEO and President of Google parent company Alphabet The pair, who founded the search engine from a rented garage in 1998, said the move is to allow the company …

Google Founders Sergey Brin And Larry Page Step Down From Top Roles
5 years, 3 months ago

Google Founders Sergey Brin And Larry Page Step Down From Top Roles

NPR  

Google Founders Sergey Brin And Larry Page Step Down From Top Roles Enlarge this image toggle caption Paul Sakuma/AP Paul Sakuma/AP Updated at 6:07 p.m. ET Ending an era at the Internet's biggest search company, Google co-founders Sergey Brin and Larry Page are leaving their leadership roles and CEO Sundar Pichai will become chief executive of both Google and its …

Why Google is missing out on the tech rally
5 years, 8 months ago

Why Google is missing out on the tech rally

CNN  

New York CNN Business — Google got rid of its “don’t be evil” motto last year. For the sake of investors, it may want to try out a new slogan: “Don’t be boring.” Google parent company Alphabet has become one of the most boring Big Tech companies on the market, to the detriment of its stock. And perhaps the company’s …

Eric Schmidt to step down as Alphabet executive chairman
7 years, 3 months ago

Eric Schmidt to step down as Alphabet executive chairman

Live Mint  

San Francisco: Alphabet Inc. said on Thursday its executive chairman Eric Schmidt will step down in January, ending a 17-year-run in which he played a central role in building a promising start-up called Google into a global technology powerhouse. Schmidt, who was recruited to the company by Google co-founders Page and Sergey Brin, served as chief executive from 2001 through …

Google parent Alphabet’s profit up 29% on strong ad sales
7 years, 11 months ago

Google parent Alphabet’s profit up 29% on strong ad sales

Live Mint  

Bengaluru/San Francisco: Google parent Alphabet posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact. “Our great properties—like Search, Maps, YouTube and Google Play—are the ‘prime time’ for the mobile world, where people are actively engaged and …

Google parent Alphabet profit surges on mobile, video ads
8 years, 5 months ago

Google parent Alphabet profit surges on mobile, video ads

Live Mint  

Bengaluru: Google parent Alphabet Inc. bested analysts’ estimates for third-quarter profit and revenue on Thursday as the search company showed it has honed its core business for the mobile era and is closing in on the next wave of computing. Google has been dogged by concerns about how it would nudge its vast web advertising business towards mobile, but the …

Alphabet reorganisation has worked great for Google except projects including cars and balloons
8 years, 6 months ago

Alphabet reorganisation has worked great for Google except projects including cars and balloons

Firstpost  

Reorganizing itself under the umbrella company Alphabet has done wonders for Google - but less so for a grab bag of eclectic projects ranging from robotic cars to internet-beaming balloons, which are suffering costly growing pains. That success, however, also underscores Alphabet’s dependence on the fickle business of placing digital ads in core Google products like search, Gmail and YouTube …

In letter to employees, CEO Sundar Pichai lists Google’s vision to capitalise on Artificial Intelligence
8 years, 11 months ago

In letter to employees, CEO Sundar Pichai lists Google’s vision to capitalise on Artificial Intelligence

India TV News  

New Delhi: Back in April 2004, when Larry Page and Sergey Brin, co-founders of Google, wrote their first and now famous Founders’ Letter, Sundar Pichai was a new employee who had just joined the company. This year, Google's new CEO Sundar Pichai got to write the letter after twelve years, which is an update on the company’s progress and priorities …

Google's Alphabet Transition Has Been Tougher Than A-B-C
9 years ago

Google's Alphabet Transition Has Been Tougher Than A-B-C

Wired  

Tomorrow will mark six months since Google's grand experiment in corporate restructuring known as Alphabet was officially listed on the stock exchange. Google’s eclectic founders, Larry Page and Sergey Brin, had a pair of goals in mind when they announced plans last summer to split the search giant into a collection of companies under the Alphabet moniker. And now that …

Google's parent company Alphabet overtakes Apple to become most valuable traded US company
9 years, 2 months ago

Google's parent company Alphabet overtakes Apple to become most valuable traded US company

Firstpost  

Google’s parent company, Alphabet Inc surpassed Apple Inc as the most valuable company in the United States in after-hours trading on Monday, knocking the iPhone maker from the top spot that it has held for the better part of four years. Alphabet Inc surpassed Apple Inc as the most valuable company in the United States in after-hours trading on 1 …

Google founder hopes Alphabet spells innovation
9 years, 4 months ago

Google founder hopes Alphabet spells innovation

Associated Press  

SAN FRANCISCO — Google founder Larry Page is hoping his newly created company called Alphabet becomes synonymous with innovation. “It’s not like a lot of people wake up in the morning and say, ‘I want to go work for a company.’ They do it because they have to.” Monday’s 20-minute appearance marked Page’s first public remarks since he announced in …

Alphabet may do business in China, says president Sergey Brin
9 years, 5 months ago

Alphabet may do business in China, says president Sergey Brin

Firstpost  

Google’s parent company Alphabet may do business in China, following the reorganisation of the technology giant, co-founder Sergey Brin has said. Brin, who is president of Alphabet, told the Wall Street Journal yesterday that the new organisational structure would allow each unit autonomy on the matter. The two firms previously announced an agreement earlier this year to bring the Google …

After Today, Google Officially Becomes Alphabet
9 years, 5 months ago

After Today, Google Officially Becomes Alphabet

Wired  

Goodbye Google, and hello Alphabet. In a post on its investor relations site today, Google announced that its reorganization as Alphabet will be finalized officially by the close of business today, and its stock will transition from Google shares to Alphabet shares. But before we declare this to be a Really Big Change, it’s worth noting that shares of Google …

Larry Page and Sergey Brin looking to create amazing products with Alphabet
9 years, 7 months ago

Larry Page and Sergey Brin looking to create amazing products with Alphabet

Firstpost  

With the launch of its new holding company, Alphabet, Google is trying its hardest not to be Microsoft. By Chana, R and Schoenberger With the launch of its new holding company, Alphabet, Google is trying its hardest not to be Microsoft. Google’s wackier projects have the potential to be earth-shaking: Driverless cars could reinvent the way we get around; even …

Google's Alphabet: Creating the tech version of Warren Buffett's Berkshire
9 years, 7 months ago

Google's Alphabet: Creating the tech version of Warren Buffett's Berkshire

Firstpost  

What drove Google to create a new parent company in Alphabet? Answer: founders Larry Page and Sergey Brin are attempting to create the tech equivalent of Warren Buffett’s Berkshire Hathaway - a holding company that would be greater than the sum of the parts, which too could separately rise in value as investors get to see what they are buying. …

The ABCs of Google’s new name Alphabet
9 years, 7 months ago

The ABCs of Google’s new name Alphabet

Associated Press  

NEW YORK — What’s in a name? Most corporate naming experts say Google’s decision to reorganize its businesses under a new holding company called “Alphabet” is close to letter perfect. But the name Alphabet itself is simple and fits with Google’s reputation as being “user friendly and elementary,” says Tom Sepanski, naming and verbal identity director of branding firm Landor. …

Alphabet Is the Worst Name the New Google Could Have Called Itself
9 years, 7 months ago

Alphabet Is the Worst Name the New Google Could Have Called Itself

Slate  

In a surprise Monday statement, Google announced it will subordinate itself to a newly created parent company named Alphabet, whose holdings will include former Google departments like its experimental research and fiber optics arms. Compare the plodding, striving, uncool Alphabet with its subsidiary, the Dadaist Google, which as the story goes is a bastardization of Googol, itself a word invented …

Google forms a new holding company, 'Alphabet'
9 years, 7 months ago

Google forms a new holding company, 'Alphabet'

India TV News  

San Fransisco: Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit. The new company will be called "Alphabet," Google CEO and …

Google is now Alphabet: Search giant changes name to avoid becoming a 'conventional company'
9 years, 7 months ago

Google is now Alphabet: Search giant changes name to avoid becoming a 'conventional company'

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. "Alphabet will also include our X lab, which incubates new efforts like Wing, our drone delivery effort," …

Alphabet Lets Google Chase Moonshots and Stay Profitable
9 years, 7 months ago

Alphabet Lets Google Chase Moonshots and Stay Profitable

Wired  

Colorful blocks with alphabet letters Daniel Grill/Getty Images Google is now many Googles. Company co-founder Larry Page said in a blog post Monday that Google is reorganizing into multiple companies that will sit under a new umbrella operation called Alphabet. Core businesses---Search, YouTube, and Android---will operate semi-separately from Google's myriad "moonshots," including the X lab and Page's various life science …

India-born Sundar Pichai named new CEO of restructured Google
9 years, 7 months ago

India-born Sundar Pichai named new CEO of restructured Google

India TV News  

New York: In a significant restructuring at Google, India-born Sundar Pichai has been named the new CEO of the technology giant as the company co-founder Larry Page today announced the formation of a new umbrella firm Alphabet, of which Google will be a part. Page, in a blog post, announced the formation of the new parent company Alphabet, of which …

Larry Page Wants to Return Google to Its Startup Roots
14 years ago

Larry Page Wants to Return Google to Its Startup Roots

Wired  

One afternoon about 12 years ago, Larry Page and Sergey Brin gave John Doerr a call. When they took the cash, they agreed that they would hire an outsider to replace Page as CEO, a common strategy to provide "adult supervision" to inexperienced founders. Page and Brin took a Magical Mystery Tour of high tech royalty: Apple's Steve Jobs, Intel's …

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