Google announced yesterday they’re creating a new parent company & getting a new CEO.
Alphabet is formed to maximize focus on core Google products -vs- Futuristic Businesses. Under the new structure, Google business will include search, ads, maps, apps, YouTube and Android & the related technical infrastructure (the “Google business”).
Businesses such as Calico, Nest, and Fiber, as well as its investing arms, such as Google Ventures, Google Capital, & incubator projects, such as Google X, are going to be managed separately from the Google business.
Sundar Pichai will be CEO of Google, Inc., Larry Page becomes the CEO of Alphabet, Sergey Brin becomes the President of Alphabet & Eric Schmidt will become the Executive Chairman of Alphabet.
I believe this is good news for all Google product users, partners, employees and shareholders. The only thing missing here is the list of products they should kill like Google+.
What’s your favorite or least favorite Google product?