Google to restructure into new company called Alphabet
August 10, 2015 9:33 PM Subscribe
"Google is dead. Long live Alphabet. The tech company announced on Monday that it would rebrand itself as Alphabet – a new holding company whose largest wholly owned subsidiary will be Google. ... [I]ts founders have used the enormous success of its search engine to fuel riskier bets on autonomous cars, smart household devices, internet-delivering balloons and cutting edge medical research. The major restructuring will ostensibly give investors greater insight into how the money is being spent." More from Larry Page here.
This post was deleted for the following reason: Double. -- LobsterMitten
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