Google reorganizes under new company named alphabet
Google’s restructuring will enable the corporation to invest additional funds for the development of innovative projects. To remind, the Internet giant announced the unexpected reorganization of operating structure this week. In particular, it announced the creation of a new holding company Alphabet Inc. - Business groups, the largest of which is Google search engine with YouTube and Android. According to Wall Street Journal, less related businesses, such as Calico (research in the field of aging and longevity), Nest, Fiber, as well as Google Ventures and Google Capital investment divisions will be managed independently from the core business.