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:

It Will be Hard to Measure AI Impact on Knowledge Worker "Productivity"

There are over 100 million knowledge workers in the United States, and more than 1.25 billion knowledge workers globally, according to one A...