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Google is an original name. Google’s corporate motto is famously “don’t be evil”, although that hasn’t stopped the company from getting into strife with the European Union, which has been trying to break up Google for years, over its market...

To do that, Page and co-founder Sergey Brin are planning to give Google a new parent company called Alphabet.

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...

“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...

In his post, Page explained that restructuring the company would provide better management scale by running unrelated projects independently.

Moreover, each division of Alphabet will have its own CEO and the holding company will be led by Larry Page, while Google, which will be the largest part of the new conglomerate, will be managed by its new executive Sundar Pichai. Alphabet will become a holding company –...

All the shares of Google will be converted automatically into Alphabet shares and the same rights will be retained by shareholders.

Google CEO Larry Page has announced a restructuring of the Internet giant in which Sundar Pichai will become the new CEO while he and Sergey Brin will run a new umbrella company called Alphabet.

Google Inc. on Monday said it will create a new company called Alphabet, with Sundar Pichai becoming CEO of Google and Larry Page running the new company. The Google logo is seen at the Google headquarters in Brussels, March 23, 2010.