Today Google revealed reorganization project, introducing a new umbrella company Alphabet which will include a number of entities, among them: Google, Google Ventures, Calico, Nest, Google X, and Fiber. Phew.
- Advertisement -
As part of the change, Sundar Pichai will become Google’s new CEO, following his appointment to “Product Chief” last year. During after-hours trading, Google — which will eventually trade under the name “Alphabet” spiked 6 percent after closing slightly down for the day.
- Advertisement -