Monday, August 10, 2015

Google Creates New "Alphabet" Holding Company

As part of a major reorganization, Google will become part of Alphabet, a new entity a bit like a holding company that provides greater transparency for investors.


Alphabet will be a collection of companies, the largest of which is Google, and ABC.xyz will be parent's new web address.


The more speculative entities--moonshots--will be housed separately in Alphabet.
Life Sciences (that works on the glucose-sensing contact lens), and Calico (focused on longevity) are examples.



No comments:

Divesting DirecTV Might Cost AT&T 13% or So of Free Cash Flow

A possible move by AT&T to divest DirecTV --a move favored by many financial analysts--could have huge consequences for AT&T’s fre...