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Google Forms Alphabet Parent Company

The creators of Google have announced plans for a new parent company named Alphabet. The new entity will encompass not only Google but other units previously categorized as being part of Google, such as its capital investments arm and Google X laboratory. Google co-founder Larry Page will become CEO of Alphabet, with fellow founder Sergey Brin being named its president. Sundar Pichai, a key lieutenant to both co-founders, will become CEO of Google.

Read the whole story at The Mirror UK »

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