This means that there will be an extra eye on Google as a company and Alphabet is mostly a collection of companies and according to Google the move was meant to make their operations cleaner and more accountable as they push new technologies like their glucose detecting smart contact lenses and drone delivery service.
This of course, will be affecting users on a more subtle level for now, but the new company wants to make a real difference in the long term view. So we might be seeing changes in the way Google operates (as they say this new Google is “slimmer” than it used to be) and perhaps even more growth as they are going to be focusing on pushing on potentials they already have.
Alphabet Inc. will be replacing Google Inc. as will Google shares convert into the same number of shares for Alphabet, essentially making Google a wholly-owned subsidiary of said company. But don’t worry, all the apps we know and love will be staying the same for now. In terms of leadership, co-founder Larry Page will be the CEO of Alphablet Inc while Sergey Brin holds the President position. Meanwhile Sundar Pichai which used to head Android has now been appointed as CEO of Google Inc.
What do you think this big change will bring for Google?