Yesterday Sundar Pichai is declared as the new CEO of the Google Inc. You may also heard about some new company Alphabet Inc. So what is actually Google doing? What is this Alphabet Company and many more doubts may be wondering in your mind.
What is Alphabet?
What is Alphabet?
Alphabet is mostly a collection of companies. The largest of which, of course, is Google. Alphabet will act as the umbrella under which various subsidiaries works. Alphabet's portfolio will spread through a wide spectrum of industries
including technology, the life sciences, investment capital, and
research. Some of its subsidiaries will include Google Inc, Calico, Google Ventures, Google Capital, Google X and Nest Labs.
So, Is Google is not a company now?
Actually, No. Google is single subsidiary of Alphabet Inc now. It includes YouTube, Gmail, Android and Google Maps etc.
So, What is not a part of Google but part of Alphabet?
Google is very known for it's Internet Search and it is about 60% of the total web search which also excludes around 10-20% of Searches on YouTube which is also part of Google. In this area Google quite renowned. But In the last few year back Google is also working on various R&D which includes Project Loon, Drone Delivery, Google X(Advance Robotics) etc. These projects are more than the Internet Search itself. So, these projects now part of Alphabet.
Larry Page : "Sergey and I are seriously in the business of starting new things. Alphabet will also include our X lab, which incubates new efforts like Wing, our drone delivery effort. We are also stoked about growing our investment arms, Ventures and Capital, as part of this new structure."
Who will lead these Alphabet?
Larry Page and Sergey Brin. Founder and Former Heads Google Inc.
What will happens to the shares holders of Google Inc. as it is converting into Alphabet?
Alphabet Inc. will 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. Google will become a wholly-owned subsidiary of Alphabet. Google's two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.
Does Alphabet has Website?
Yes. www.acb.xyz
Why Lary Page choose Sundar Pichai?
According to Lary Page : " I feel very fortunate to have someone as talented as he is to run the slightly slimmed down Google and this frees up time for me to continue to scale our aspirations. I have been spending quite a bit of time with Sundar, helping him and the company in any way I can, and I will of course continue to do that. Google itself is also making all sorts of new products, and I know Sundar will always be focused on innovation—continuing to stretch boundaries. I know he deeply cares that we can continue to make big strides on our core mission to organize the world's information."
I thinks this post will help you guys to figure out what is actually going on with google.
-@shivamnema05
So, Is Google is not a company now?
Actually, No. Google is single subsidiary of Alphabet Inc now. It includes YouTube, Gmail, Android and Google Maps etc.
So, What is not a part of Google but part of Alphabet?
Google is very known for it's Internet Search and it is about 60% of the total web search which also excludes around 10-20% of Searches on YouTube which is also part of Google. In this area Google quite renowned. But In the last few year back Google is also working on various R&D which includes Project Loon, Drone Delivery, Google X(Advance Robotics) etc. These projects are more than the Internet Search itself. So, these projects now part of Alphabet.
Larry Page : "Sergey and I are seriously in the business of starting new things. Alphabet will also include our X lab, which incubates new efforts like Wing, our drone delivery effort. We are also stoked about growing our investment arms, Ventures and Capital, as part of this new structure."
Who will lead these Alphabet?
Larry Page and Sergey Brin. Founder and Former Heads Google Inc.
What will happens to the shares holders of Google Inc. as it is converting into Alphabet?
Alphabet Inc. will 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. Google will become a wholly-owned subsidiary of Alphabet. Google's two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.
Does Alphabet has Website?
Yes. www.acb.xyz
Why Lary Page choose Sundar Pichai?
According to Lary Page : " I feel very fortunate to have someone as talented as he is to run the slightly slimmed down Google and this frees up time for me to continue to scale our aspirations. I have been spending quite a bit of time with Sundar, helping him and the company in any way I can, and I will of course continue to do that. Google itself is also making all sorts of new products, and I know Sundar will always be focused on innovation—continuing to stretch boundaries. I know he deeply cares that we can continue to make big strides on our core mission to organize the world's information."
I thinks this post will help you guys to figure out what is actually going on with google.
-@shivamnema05