Meet Alphabet, The New Corporate Entity To Oversee Sundar Pichai CEOed Google
Pichai, 43, was named CEO of a newly organised Google, becoming only the third chief executive of the company after Schmidt and cofounder Larry Page.
“We are examining whether there are any implications over trademarks”, a BMW spokeswoman said on Tuesday.
Google’s new parent does have its own website which can be found at abc.xyz.
Even stranger for an internet company, Alphabet won’t have control of the www.alphabet.com domain, which has already been taken by a business mobility company.
Google was not immediately available for comment.
In a filing with federal regulator Securities and Exchange Commission, Google informed about its organizational restructuring.
The shuffle also looked to have the markings of Ruth Porat, who joined Google as its chief financial officer in March from Morgan Stanley.
“Since joining Google in 2004, Sundar has led a number of key consumer products which are now used by hundreds of millions of people and, prior to his current role, served as Google’s SVP of Android, Chrome and Apps”, the company said in the filing in which it also noted that Pichai received a B.Tech from the IIT-Kharagpur, a MS from Stanford University, and an MBA from the University of Pennsylvania. “This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main internet products contained in Alphabet instead”.
“Fundamentally, we believe this allows us more management scale, as we can run things independently that aren’t very related [to search]”, he adds. Google’s other co-founder, Sergey Brin, will be president of the new holding company.
Mr Page said Alphabet was “mostly a collection of companies”, the largest of which was Google. From Android, Youtube, Google Cars and Wing drones.
The new mother company will include Calico, X lab, and other units that deal with life sciences, along with Google’s investment arms, Ventures and Capital will all be under the umbrella of the Alphabet. Speaking with CNBC, Negari reported that following Google’s announcement he was witnessing all kinds of names being registered and got 250 registrations in just 60 seconds. According to human resource experts, the significant rise of India-born executives at global companies can largely be attributed to the technical skills and the behavioural patterns which make them very much adaptable to any kind of situation they come across.
On top of that, Page promised segmented reporting from Alphabet’s fourth quarter results, which will enable investors and analysts to better determine how each part of the businesses. But the two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.