Google chief executive Larry Page announced the change, saying he would hold the same title at Alphabet, the new holding company for the technology giant’s newer ventures including research arm X Lab, investment unit Google Ventures and health and science operations.
The new chief executive at the search unit – Google – will be the current vice president, Sundar Pichai.
Alphabet will include units focusing on life sciences such as a glucose-sensing contact lenses and the health research firm Calico. Google X, which handles research on self-driving cars and internet balloons, will also be a separate unit.
Other units to be separated include the drone delivery project Wing, Google Fiber’s high-speed internet, the home automation unit Nest and investment arms.
But Ooops… Google’s new holding company – Alphabet’s – website is abc.xyz because Alphabet.com is owned by Alphabet, a BMW-owned fleet management service. Even though only a few people had ever heard of BMW’s Alphabet before, the company clearly isn’t going to let all of this free publicity just sit there unfettered, BMW says it has no intention of letting go of the domain name :: Read the full article »»»»