Tuesday, March 20, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Sets Tera-scale Machine Learning Benchmark Record with POWER9 and GPUs
Panasonic's Technics Organizes First Full Turntable Orchestra
Samsung Introduces 8TB PM883 SATA SSD For Datacenters
AMD Announces Real-Time Ray Tracing For ProRender Rendering Engine and Radeon GPU Profiler 1.2
Microsoft Promises to Make Windows 10 Update Faster to Install
BlackBerry and Microsoft Partner to Secure Mobile Workforce
Facebook is Testing New Tools for Creators
Google Introduces Google Play Instant
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Alphabe...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, September 02, 2017
Alphabet Establishes New XXVI Company

Alphabet Inc. is forming a new holding company designed as part of a reorganization plan and the finalization of its evolution from Google into a corporate parent with distinct arms that reach fields like health care and self-driving cars.

The new entity, called XXVI Holdings Inc., will own the equity of each Alphabet company, including Google. The new structure legally separates Google from other units such as Waymo, its self-driving car business, and Verily, a medical device and health data firm.

Google co-founder Larry Page announced Alphabet two years ago to foster new businesses that operate independently from Google. Technically, however, those units, called the "Other Bets," were still subsidiaries of Google. The new structure, unveiled Friday, lets the Other Bets become subsidiaries of Alphabet on the same legal footing as Google.

Google is also changing from a corporation to a limited liability company, or LLC. The switch is partly related to Google's transformation from a listed public company into a business owned by a holding company.

"We're updating our corporate structure to implement the changes we announced with the creation of Alphabet in 2015," Alphabet said, adding that the " legal formality won't affect ultimate shareholder control, operations, management or personnel."

IFA: Huawei Says it Has an Edge Over Apple With New Kirin 970 Mobile AI Chipset        All News        Roku Files For Initial Public Offering
Qualcomm's Request to Suspend Antitrust Order in South Korea Rejected     General Computing News      Roku Files For Initial Public Offering

Get RSS feed Easy Print E-Mail this Message

Related News
Alphabet's Earnings Miss Profit Estimates
Alphabet Launches Chronicle Cybersecurity Company
Eric Schmidt to Become Technical Advisor to Alphabet
Mobile Ad Growth Boosts Alphabet' s Revenue
Alphabet Invests $1 Billion to Lyft
Alphabet Could Invest in Lyft
Alphabet Earns More Cash Despite Antitrust Fine
Alphabet Posts 1Q Profit
Alphabet Earnings Surge on Mobile And YouTube
Alphabet To Shut Down Titan Drone Internet Project
Alphabet Announces New Self-Driving Cars Unit Called Waymo
Alphabet Reports Strong Sales As Mobile Search and Video Ads Drive Revenue Growth

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .