Google morphs into Alphabet, Sundar Pichai new Google CEO

Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.

Under the new corporate structure, the Google unit will encompass the core search engine as well Google Maps and YouTube. "This new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of Google," Larry Page, the.....

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