Google is now a wholly owned subsidiary of a new company called "Alphabet", to be run by Larry Page and Sergei Brin. Sundar Pichai will be CEO of Google, which will remain focused on its core of web-related products. Alphabet will serve as and umbrella for Google's now quite diverse projects, with a separate CEO for each. By way of example, the announcement cites a Life Sciences group, and a group called Calico which is focused on longevity.
All stock in Google will be converted to Alphabet stock, with the same rights and number of shares.
takyon: The Register, The New York Times, Wired, MarketWatch.
(Score: 0) by Anonymous Coward on Tuesday August 11 2015, @03:24PM
I'm not sure what the easter egg is supposed to be, but I found this part interesting:
That's interesting, given that Google (or Alphabet) also develops a self-driving car. I foresee trademark issues.
And, of course, Google couldn't get http://abc.com/ [abc.com] either.