What’s going on at Google, and what is Alphabet?

“Our company is operating well today, but we think we can make it cleaner and more accountable”, Page said on Google’s public relations Web site. Page said he’ll be CEO of the new holding company, while longtime Google executive Sundar Pichai will become CEO of Google’s core business, including its search engine, online advertising operation and YouTube video service. BMW Alphabet operates in 18 countries and supplied vehicles to many major companies, totally at well over 500,000 vehicles.

Google’s cofounders will be focused on initiatives that are intended to foster, in some way, its next big hit.

Other departments spinning off into their own sub-companies including research focused Life Sciences (Google contact lenses), the Google X lab (driverless cars, Google Glass, drone delivery), Calico (increasing longevity), and the company’s robotics division.

Google is about to impose a new organization structure, creating a parent holding company called Alphabet. Page has suggested previously that he is a fan of Warren Buffett, the famed financier and CEO of Berkshire Hathaway.

With this move, investors will get more details on how the businesses are operating, a long-standing request from Wall Street.

Alphabet, a collection of companies, to nurture Google, YouTube and many other brands. Also, Pichai and crew already have some unspecified new products in the pipeline (When doesn’t Google have new products in the pipeline?).

Elated over the meteoric rise of Pichai in Google, who will succeed its co-founder Larry Page a decade after joining the Silicon Valley behemoth in 2004, a top industry executive said on Tuesday that the IIT graduate symbolized new India, representing talent, technology, innovation and managerial acumen.

Despite the name change, Google will remain the largest subsidiary within the Alphabet umbrella.

Alphabet will replace Google as the publicly-traded entity and all shares will be transferred automatically.

-Investing at the scale of the opportunities and resources we see.

“This event will at the very least help investors better assess the revenue growth trajectory, as well as the capital intensity of the company’s more mature versus emerging businesses”, analysts at Credit Suisse said. He also explained how this management change will impact how Google announces its quarterly earnings. After all, the Google that we know and love is staying exactly the same as it used to be, including all Google-owned websites and services.

Google discussed increasing its transparency in the last year, which lifted its stock.

Google made a huge surprise announcement on Monday night that calls for a complete corporate restructuring. We saw this earlier this year when Internet retailer Amazon (AMZN) broke out the results of its cloud-computing business, but candidly Google’s step goes far further.