Google is restructuring itself under a new umbrella company called Alphabet, with CEO Larry Page and co-founder Sergey Brin as leaders overseeing a group of companies.
The largest of those companies will be a “slimmed-down” version of the old Google. Sundar Pichai, a beloved and trusted lieutenant to Page, will serve as Google’s new CEO.
The announcement came with news that Google is rebranding itself as Alphabet a “collection of companies,” the largest of which is Google. Page will be CEO of Alphabet and Google cofounder Sergey Brin will be its president.
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