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The new cameras will mean a huge leap forward in image quality for those using drones for professional videography and for enterprise customers who require a drone to show thermal imaging or generate 3D maps. By utilizing the standard MFT mount, one of the most popular lens...

According to Page, Alphabet will be a collection of companies, one of which will still be named Google, albeit a more “slimmed down” version. He said Alphabet is “mostly a collection of companies”, the largest of which is Google.

Larry Page and Sergey Brin, who founded Google 18 years ago as students at Stanford University, will become chief executive and president of Alphabet respectively, while Sundar Pichai will head up Google.

Google’s new operating structure will emulate that of noted U.S. financier Warren Buffet, who owns dozens of companies through his Berkshire Hathaway holding company, all of which operate independently.

“Our company is operating well today, but we think we can make it cleaner and more accountable”, Page wrote on Monday in a blog post.

After completion of the Alphabet merger, Page will become Alphabet’s CEO, and Sergey Brin, who cofounded Google with Page, will become president of Alphabet.

Buffett runs a very diverse set of businesses that are all independently controlled through a single parent company.

The old Google that dominates the search engine market and brought us Chrome and YouTube has been somewhat demoted to one of many subsidiary companies under Alphabet – the brand new parent company of Google applications and services, experimental projects, and investing...

“Google is not a conventional company“.

“Our company is operating well today, but we think we can make it cleaner and more accountable”, said a statement from Page, who co-founded the tech giant with Sergey Brin 17 years ago.

The Alphabet name was chosen “because it means a collection of letters that represent language… the core of how we index with Google search”. Meanwhile, Page and co-founder Sergey Brin are becoming the new CEO and president at Alphabet.

IIT-Kharagpur on Tuesday morning opened a Facebook page to congratulate its 1989-batch student Sundar Pichai, who was on Monday elevated to the post of the CEO at Google.

Looking at Google before the transition to Alphabet, it was a company with very diverse interests from life sciences and media to maps and search engines.

The current CEO of Google (NASDAQ:GOOG), Larry Page, announced on Monday that the board has decided to form a new umbrella company called Alphabet, which would be a holding company for all the existing units within Google. Alphabet, which will be looked after by Google exec...

Ville Hellman, head of development at digital agency Rawnet, said: “Google has extended their operations to cover a lot of new fields for several years now, and some of the new fields it is entering are only very loosely related to their core business“. Alphabet Inc...