One chart that explains Alphabet, Google's parent company
In August 2015, the California tech giant announced a monumental reorganisation: Google would become a wholly owned subsidiary of a new parent company, Alphabet - with other Google projects and teams not part of the core products spun out into separate "Alphabet companies," each with their own CEO.
The change came into effect in October 2015, with former Google CEO Larry Page becoming chief executive of Alphabet, and Sundar Pichai taking up the reins at Google.
Alphabet gives Page and the senior leadership significantly more freedom to chase exciting projects and acquisition - regardless of how they fit into Google's mission "to organise the world's information and make it universally accessible and useful."
Healthcare research? Sure. Improving cities? Why not. Radical life extension? Sounds like fun!
As of January 2016, there are nine confirmed Alphabet companies - with another, the Self-Driving Car Project, reportedly becoming one this year (Google declined to confirm or deny this). Replicant - Alphabet's robotics division - was formerly a separate unit, but was recently folded into Google X, the moonshot lab.
Here's how it all looks:
Mike Nudelman/Business Insider
- Crypto FAQs answered — everything you need to know about crypto regulations, trading, taxes and CBDC in India
- Google and Microsoft hiring interns in India — Check out eligibility, job descriptions and other details
- AWS appears to be down, and it's taken popular services like Ring smart-home systems, Netflix, and Disney+ with it
- With the metaverse, NFTs and DeFi on the rise, Ethereum miners rake in $2 billion in revenue — a jump of 11% over October
- Gen Bipin Rawat, his wife, and 11 others killed in chopper crash near Coonoor in Tamil Nadu
- RBI keeps lending rates intact, remains accommodative
- India remains to be ranked as the fourth most powerful country as per Asia Power Index 2021
- Although Shriram Properties has solid future prospects, Omicron may mess things in the near term