Google to come under new holding company called Alphabet
Google has a new holding company called Alphabet. In a move that is likely to have repercussions on how Google goes ahead, it today announced a new operating structure. Google CEO Larry Page said the company was operating well but the move to bring in a holding company was to make things “more cleaner & more accountable”. Sergey Bin will be President.
Reports: New York Times, ABC Online, The Strait Times