Google becomes part of mother company #Alphabet
CEO Larry Page becomes CEO of Alphabet, and Sundar Pichai, currently Google’s Product Chief, becomes Google’s new CEO
According to Page, Alphabet will become a collection of companies of which Google will be the largest. This is meant to allow them to better manage businesses that are not directly related. (eg #Life_Sciences and #Calico)
Part of Alphabet will also be Google’s incubator #X_Lab or #Google_X which includes Wing, Google’s drone delivery project.
▻http://googleblog.blogspot.com/2015/08/google-alphabet.html