India-born Sundar Pichai is new CEO of Google.....
WASHINGTON: India-born Sundar Pichai was named CEO of Google on Tuesday by the company's founders Larry Page and Sergei Brin in course of a re-organization that created a mother company called Alphabet.
Pichai, 43, a Chennai native who went to IIT Kharagpur and later to Stanford and Wharton, will take charge of a slimmed down Google (quickly dubbed Google Minus) that Larry Page said will be stripped of companies "that are pretty far afield of our main Internet products," which will all go into Alphabet. Page will be CEO of Alphabet.
READ ALSO:
Search giant Google forms new parent, Alphabet, in massive shakeup
The new mother company will include, besides Google, units such as Calico (which focuses on Longevity), X lab (which incubates new efforts like Wing, Google's drone delivery effort) and units dealing with life sciences (such as the one working on smart contact lens that detects blood sugar level). Google's investment arms, Ventures and Capital, will also be part of Alphabet.
"We've long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant," Page said in a blog explaining the rational for the restructuring, adding that the "new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of Google."
REFRENCES=TIMES OF INDIA....
WASHINGTON: India-born Sundar Pichai was named CEO of Google on Tuesday by the company's founders Larry Page and Sergei Brin in course of a re-organization that created a mother company called Alphabet.
Pichai, 43, a Chennai native who went to IIT Kharagpur and later to Stanford and Wharton, will take charge of a slimmed down Google (quickly dubbed Google Minus) that Larry Page said will be stripped of companies "that are pretty far afield of our main Internet products," which will all go into Alphabet. Page will be CEO of Alphabet.
READ ALSO:
Search giant Google forms new parent, Alphabet, in massive shakeup
The new mother company will include, besides Google, units such as Calico (which focuses on Longevity), X lab (which incubates new efforts like Wing, Google's drone delivery effort) and units dealing with life sciences (such as the one working on smart contact lens that detects blood sugar level). Google's investment arms, Ventures and Capital, will also be part of Alphabet.
"We've long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant," Page said in a blog explaining the rational for the restructuring, adding that the "new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of Google."
REFRENCES=TIMES OF INDIA....
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