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Google shares were up 5.4 percent at $698.74 Tuesday in early trading as investors anticipated -- as MKM Partners analyst Rob Sanderson put it -- "a new era of shareholder friendliness."
On August 10, 2015, Google announced plans to create a new public holding company, Alphabet Inc. Google co-founder and CEO Larry Page made this announcement in a blog post on Google's official blog. [10] Alphabet was created to restructure Google by moving subsidiaries from Google to Alphabet, thus narrowing Google's scope.
On August 10, 2015, Google announced plans to reorganize its various interests as a conglomerate named Alphabet Inc. Google became Alphabet's largest subsidiary and the umbrella company for Alphabet's Internet interests. Upon completion of the restructuring, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.
Google's logo. Google is a computer software and a web search engine company that acquired, on average, more than one company per week in 2010 and 2011. [1] The table below is an incomplete list of acquisitions, with each acquisition listed being for the respective company in its entirety, unless otherwise specified.
A breakup of Alphabet into several smaller companies. Forcing Google to share the data that underpins its search results. Restrictions on how it mines data from other sites to fuel its search ...
A U.S. federal judge has ruled that Google, owned by Alphabet (NASDAQ: GOOGL), has violated Section 2 of the Sherman Act, indicating that the company has unfairly acted to maintain a monopoly.
Fix references to Google or Alphabet when the other is more appropriate. Update information on the corporate restructuring of Google and Alphabet as reliable sources become available. Expand and improve Alphabet Inc. and other articles directly related to the holding company. Improve articles on the Priority List.
(Reuters) - Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.