The Young Chronicle: For Grade 3 August 23rd, 2015 | Página 2

The Alphabet
Google has always been an innovative company and it remains
so, with the latest announcement that the founders Larry Page
and Sergey Brin would be moving to a larger role, that of heading Alphabet, an umbrella company that Google is only a part
of.
Alphabet’s portfolio will spread across several industries, including technology, the life sciences, investment capital, and research. Google will also be a part of Alphabet, along with
other companies that were under Google before, like Calico, Google Ventures,Google
Capital, Google X, and Nest Labs.

Sergey Brin will be President, and Larry Page will become CEO of Alphabet. Sundar Pichai,
an Indian, will take his position as CEO of Google.
This change came into play as Google had to become "cleaner and more accountable"
while allowing greater control of companies whose core business was unrelated to the core
business Google had started with. This control will now be possible under Alphabet.
Alphabet will not be responsible for producing tangible goods. It will instead own shares
of its own companies. Google will now trade under the name Alphabet.

Who is Sundar Pichai?
The India born Sundar Pichai has been appointed as the
CEO of the ‘slimmed-down’ Google Company. Pichai has
replaced the Google CEO Larry page who is now the Chief
Executive Officer of the new parent company called Alphabet Inc. Sergey Brin is appointed as the President of Alphabet Inc.
Pichai, born in Tamilnadu completed his Metallurgical Engineering from IIT, Kharagpur, after which he did his Masters from Stanford and went on to do his MBA at the prestigious Wharton School of Business. Pichai, has previously
served as the senior Vice-President of product at Google.
He was the driving force behind Google Chrome, Gmail,
Google Maps, Drive, Android, amongst other things. He will
now lead the slimmed down version of Google which holds the search business, YouTube, Android and
the Chrome operating systems.