What is Alphabet?
In the words of Page: “Alphabet is mostly a collection of companies. The largest of which, of course, is Google. This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main Internet products contained in Alphabet instead.”
What are the companies under Alphabet?
Google: It will continue to include the search engine, ads, maps, apps, YouTube, the Android system and related technical infrastructure.
Life Sciences: Its work includes developing a glucose-sensing contact lens. Nest: It makes internet-connected smart home appliances. Google acquired Nest in 2014.
Calico: It is focused on research aimed at prolonging human life.Fiber: It is building high-speed broadband networks in several US cities.
Google X: It is the secretive special projects lab responsible for Google's self-driving car venture. It previously developed the controversial headset known as Glass and will now focus on new efforts like Project Wing, a drone delivery effort.
Alphabet will also oversee Google Ventures and Google Capital, two corporate investment entities that focus on early- and growth-stage start-ups.
Who will head Alphabet?
Page will be the CEO of Alphabet while his partner Sergey Brin will be its president. Chennai-born Pichai, the current vice-president who has worked on some of Google’s best-known products, will be the CEO of Google.
credit:google.