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Google Announced New Company Called Alphabet

Google is updating its corporate structure to distinct its search operations, YouTube videos and other Web business from its research and enterprise divisions.
The new google company named as “Alphabet” lead by Larry page. He will be the chief executive officer(CEO) of Alphabet. Sergey Brin acting as president. Mr.Sundar Pichai will be promoted as CEO of Google Inc.

The business divisions under new company includes Google Inc. and Calico and also a separate wing include Google ventures, Google Capital, Google X and other organizations under those companies.

The main purpose of company separation is to make clearer the difference between main line business and Long-term endeavors and also give main operational duties to chief officials.

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