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Google Inc. is no more! Now a subsidiary of another company.

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xenocity
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10 Aug 2015, 6:27 pm

http://googleblog.blogspot.com/2015/08/ ... habet.html

Google Inc. is officially no more!


Alphabet will be the name of what will effectively be a new holding company, the Web company said in a blog post Monday. It will include Google Inc. and Calico, a separate unit that includes Google Ventures, Google Capital, Google X and other subsidiaries.

Don't worry all the stock you own in Google Inc. is fully convertible into stock in the new company Alphabet Inc.

Eventually all the stock will trade under GOOG ticker.

Page will become CEO and Sergey will become President of Alphabet (both at Alphabet).
Sundar will become CEO of the new Google (subsidiary of Alphabet)


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Spiderpig
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10 Aug 2015, 6:40 pm

Sure this isn't an old thread from April Fools' accidentally revived? :jester:


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Fnord
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10 Aug 2015, 6:47 pm

All your search are now belong to us!



Andoras
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11 Aug 2015, 11:48 am

I have the feeling that Google made that step to escaping foward.



DailyPoutine1
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11 Aug 2015, 12:34 pm

So now youtube will be owned by... ...Alphabet? Idk what awaits us, but Hey, at least its not Microsoft :)


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slave
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11 Aug 2015, 2:12 pm

xenocity wrote:
http://googleblog.blogspot.com/2015/08/google-alphabet.html

Google Inc. is officially no more!


Alphabet will be the name of what will effectively be a new holding company, the Web company said in a blog post Monday. It will include Google Inc. and Calico, a separate unit that includes Google Ventures, Google Capital, Google X and other subsidiaries.

Don't worry all the stock you own in Google Inc. is fully convertible into stock in the new company Alphabet Inc.

Eventually all the stock will trade under GOOG ticker.

Page will become CEO and Sergey will become President of Alphabet (both at Alphabet).
Sundar will become CEO of the new Google (subsidiary of Alphabet)


Cui bono?
might be to create some liability separation or distance themselves from lawsuits or gain with some intl tax issues...fvck if I know :? :? :?


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xenocity
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11 Aug 2015, 4:45 pm

slave wrote:
xenocity wrote:
http://googleblog.blogspot.com/2015/08/google-alphabet.html

Google Inc. is officially no more!


Alphabet will be the name of what will effectively be a new holding company, the Web company said in a blog post Monday. It will include Google Inc. and Calico, a separate unit that includes Google Ventures, Google Capital, Google X and other subsidiaries.

Don't worry all the stock you own in Google Inc. is fully convertible into stock in the new company Alphabet Inc.

Eventually all the stock will trade under GOOG ticker.

Page will become CEO and Sergey will become President of Alphabet (both at Alphabet).
Sundar will become CEO of the new Google (subsidiary of Alphabet)


Cui bono?
might be to create some liability separation or distance themselves from lawsuits or gain with some intl tax issues...fvck if I know :? :? :?

More due to branding and structuring.
Each subsidiary will operate on it's own for the most part, acting as it's own company.
Alphabet will fund everything, be legally responsible for everything, market everything, and most other stuff.
Alphabet will also be able to intervene on each subsidiary.

The restructuring should make everything run more efficient.


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Xenocity on Wii U/Nintendo Network (just let me know where you are from).


glebel
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11 Aug 2015, 5:57 pm

Might this be why Google Chrome no longer supports Java Script?



DailyPoutine1
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11 Aug 2015, 6:00 pm

glebel wrote:
Might this be why Google Chrome no longer supports Java Script?

It doesn't? If its the case, I'm getting firefox; I won't stop watching live cams of random people in the streets on opentopia!


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slave
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12 Aug 2015, 1:47 pm

xenocity wrote:
slave wrote:
xenocity wrote:
http://googleblog.blogspot.com/2015/08/google-alphabet.html

Google Inc. is officially no more!


Alphabet will be the name of what will effectively be a new holding company, the Web company said in a blog post Monday. It will include Google Inc. and Calico, a separate unit that includes Google Ventures, Google Capital, Google X and other subsidiaries.

Don't worry all the stock you own in Google Inc. is fully convertible into stock in the new company Alphabet Inc.

Eventually all the stock will trade under GOOG ticker.

Page will become CEO and Sergey will become President of Alphabet (both at Alphabet).
Sundar will become CEO of the new Google (subsidiary of Alphabet)


Cui bono?
might be to create some liability separation or distance themselves from lawsuits or gain with some intl tax issues...fvck if I know :? :? :?

More due to branding and structuring.
Each subsidiary will operate on it's own for the most part, acting as it's own company.
Alphabet will fund everything, be legally responsible for everything, market everything, and most other stuff.
Alphabet will also be able to intervene on each subsidiary.

The restructuring should make everything run more efficient.


great answer!
thanks!


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xenocity
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12 Aug 2015, 3:58 pm

slave wrote:
xenocity wrote:
slave wrote:
xenocity wrote:
http://googleblog.blogspot.com/2015/08/google-alphabet.html

Google Inc. is officially no more!


Alphabet will be the name of what will effectively be a new holding company, the Web company said in a blog post Monday. It will include Google Inc. and Calico, a separate unit that includes Google Ventures, Google Capital, Google X and other subsidiaries.

Don't worry all the stock you own in Google Inc. is fully convertible into stock in the new company Alphabet Inc.

Eventually all the stock will trade under GOOG ticker.

Page will become CEO and Sergey will become President of Alphabet (both at Alphabet).
Sundar will become CEO of the new Google (subsidiary of Alphabet)


Cui bono?
might be to create some liability separation or distance themselves from lawsuits or gain with some intl tax issues...fvck if I know :? :? :?

More due to branding and structuring.
Each subsidiary will operate on it's own for the most part, acting as it's own company.
Alphabet will fund everything, be legally responsible for everything, market everything, and most other stuff.
Alphabet will also be able to intervene on each subsidiary.

The restructuring should make everything run more efficient.


great answer!
thanks!

No problem.
Also it should allow better reporting to Investors who have been after Google to get rid of the other lackluster and money losing parts.


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Xenocity on Wii U/Nintendo Network (just let me know where you are from).


alex
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12 Aug 2015, 4:01 pm

Doesn't Google, Inc. still exist? Isn't it now just going to be a subsidiary of Alphabet?


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xenocity
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12 Aug 2015, 4:17 pm

alex wrote:
Doesn't Google, Inc. still exist? Isn't it now just going to be a subsidiary of Alphabet?

Nope Google Inc is dead!
Google subsidiary will take it's place on Monday, once the stock of Google Inc. halts trading.


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The ruler of Crystal Delta, mayor of Eisagle, the owner of Eagle Island, the regular poster on Nintendo Network's Miiverse, and anything else you can make stick.

3394-3545-1029 on 3DS
Xenocity on Wii U/Nintendo Network (just let me know where you are from).


K_Kelly
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17 Aug 2015, 1:42 am

Wasn't Calico an old 80s movie studio company? :D