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Symbol Company Name Price Change Change Volume
YHOO Yahoo! Inc. 46.78 +0.21 +0.45% 4391980
GOOG Alphabet Inc. 831.41 +10.49 +1.28% 956389
AAPL Apple Inc. 144.12 +0.32 +0.22% 6640718
MON Monsanto Company Common Stock 113.90 -0.26 -0.23% 1772333
BAC Bank of America Corporation Com 23.35 -0.13 -0.55% 66811929
HD Home Depot, Inc. (The) Common S 147.04 -0.16 -0.11% 3687419

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Google Finally A Holding Company Under Alphabet Name

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Google has decided to reorganize itself into a holding under the name of Alphabet. Google co-founder, Larry Page has announced the  change in Google corporate structure to become a  holding company with a disparate collection of businesses.b2ap3_thumbnail_GoogleLogo.png

The new company, Alphabet, will be run by Google co-founders, Larry Page and Sergey Brin. Based on Larry Page's announcement, it appears the new structure may look like this:

 Chief Executive officers of Alphabet: Larry Page and Sergey Brin

Alphabet will include: 

  • Google, under  Sundar Pichai, which will cover Internet Search, YouTube, and Gmail.
  • Google Fiber, the fast internet services provider
  • Nest the maker of smart thermostats
  • Calico, the longevity company
  • Google X, focusing on self-driving cars,  drone delivery service and Internet-connected balloons
  • Google Equity, which will include Google Ventures and Google Private Equity

Ruth Porar will remain Google CFO, and also become Alphabet CFO.

Source: AfroAmerica Network.

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