Google Unveils Restructuring

Google Inc. is adopting a new structure that makes it more of a holding company, giving the main Web businesses more independence while providing more transparency into executives� ambitious investments and spending on research. Alphabet Inc. will be the name of what will effectively be a new holding company. Google Inc. will be part of that and include YouTube, Android mobile software and other Web-based products. Alphabet will also include Calico, Google Ventures, Google Capital, Google X and other subsidiaries, the Web company said in a blog post Monday.

via planetweb

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