Alphabet And The Rewriting Of Google's Business Model

For the last two months, the media has been carrying news about our dysfunctional Parliament, terrorist attacks in Gurdaspur and Udhampur and various scams. We yearned to hear some good news and it did indeed come, when on 10 August. Larry Page, founder of Google, announced the name of Sundar Pichai, as the company's new chief executive officer. He also announced the formation of a new umbrella organisation called "Alphabet" of which Google will now be a wholly owned subsidiary.