Alphabet soups up Google's stock..targets corporate health

[Don1]

Google turns a page with new Alphabet parent
Wednesday, August 12, 2015


Google Alphabet parent graphic

WASHINGTON, United States (AFP) -- The surprise reorganisation of Google under newly formed parent Alphabet gives the tech giant the ability to focus on its core business, while offering startup-like flexibility to its other projects.

The announcement Monday of the new corporate structure was generally welcomed in Silicon Valley and on Wall Street, where Google shares shot up some 3.6 per cent in early trade on the news.

The plan calls for Alphabet to be the corporate parent, with an operating unit for Google and its related search operations, and a handful of other operating firms created for projects in health, Internet delivery, investment and research.

[Islandman]

Makes sense. The corporate suits were never comfortable with the idea of them dabbling in all different things. Yet that is a part of their DNA.

Even Gmail started out as a little project somebody was fooling around with.

[Don1]

Makes sense. The corporate suits were never comfortable with the idea of them dabbling in all different things. Yet that is a part of their DNA.

Even Gmail started out as a little project somebody was fooling around with.

Yep...an important step towards SkyNet dominating all the world's information