Google's new Parent company Alphabet ..!!
Google isn't going away, of course. It'll be slimmed down, with new directors at the top. This will allow Page(Google Co-founder Larry Page. He'll act as the Alphabet CEO) and Brin(Sergey Brin acts as the president) to focus on the collective's bigger picture, or more appropriately, mosaic.
What is the need of change ?
In an interview held with Larry page about the change he told "Sergey and I are seriously in the business of starting new things," .To do so, we viewed streamlining as the best way to do just that.
"We've long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes." Nothing says that more in Google's world than Android M, which features minor tweaks.
"But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant."
The Alphabet plan is to hire strong CEO's for each business running independently without having related to each other.
What will change with Google ?
Although google just don't vanish away but many of the project are no longer under its roof.
Search, Android, Chrome, YouTube, and Google Maps remain at the subsidiary. The same applies to new machine learning processes like Google Photos and Google Now.
Google is going to remain the focus of the tech world for the time being, with Search, Android and YouTube under its belt. We'll still be calling it the new Google Nexus 5 and Google Nexus 6 later this year, not the Alphabet Nexus phones.
Alphabet's priorities are for the future , providing a wide scope to what it does.
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