So all google divisions are now individual companies inside a conglomerated called Alphabet where Larry is the CEO and Sergei the President. Sundar Pichai is now the new CEO of Google. Is that right? Why do you think they are moving this way? Regulations? Taxes? What about Eric Schmidt?
EDIT: All google subsidiaries are now subsidiaries of a conglomerated called Alphabet. Google is a subsidiary too. Google stock will now be Alphabet stock.
I don't know much about trading, but look at that "after hours" spike! http://postimg.org/image/ho5ecyr99/
EDIT: All google subsidiaries are now subsidiaries of a conglomerated called Alphabet. Google is a subsidiary too. Google stock will now be Alphabet stock.