What Is Alphabet? Alphabet Is Mostly A Collection Of Companies. The Largest Of Which, Of Course, Is Google.
In an official blog post, former Google CEO Larry Page claimed that the major restructuring is to make “things cleaner and more accountable.” The official Google announcement on its blog, suggest that there will be a new placeholder site called abc.xyz. However, the entire list of companies that come under Alphabet is unclear.
“The Whole Point Is That Alphabet Companies Should Have Independence And Develop Their Own Brands” – Says Larry Page, CEO Of Alphabet.
Alphabet’s aim, as mentioned in their official blog – is to have a strong CEO who runs each business, while the CEO and President of the umbrella company, handles capital allocation and work, to make sure that each business is doing well. This seems like a more consolidated administrative measure, more than anything else. It will help the founders to have a better hold over all the companies along with competent leadership. As of now there are no reports suggesting that this interior change would in any way affect the user’s day to day dealings.
A draft list of the companies under Alphabet
- Alphabet (the main company)
- B (possibly Boston Dynamics, but whether it’s remaining under Google is unclear at this point)
- Calico (focused on longevity), Capital (investment)
- Google (now led by Sundar Pichai and includes search, ads, maps, apps, YouTube, and Android)
- Life Sciences (“that works on the glucose-sensing contact lens”)
- Ventures (investment)
- X lab (“which incubates new efforts like Wing, our drone delivery effort”)