asterisk2a + loon   2

Google CFO Ruth Porat Brings Fiscal Discipline - Bloomberg Business
- hire of Porat makes doubly sense in light of restructuring for the future to Alphabet Inc. holdings // w competition left and right, change in landscape, Europe antitrust, failed Google X project, and other failed acquisitions and internal (new) product launches ... making people able to move in a new landscape. Google is now and has been now for some time, the target for everyone.
Google  Inc.  Google  Google  Search  Alphabet  Inc.  conglomerate  Wall  Street  shareholder  value  profit  maximisation  competitive  competitiveness  Agile  capitalism  Don't  be  evil  Google  X  Google  Capital  Google  Ventures  Android  Sundar  Pichai  self-driving  cars  autonomous  car  Google  Fiber  Project  Loon  Makani  Nest  Labs  YouTube  Calico  business  management  R&D  competition  Google  Glass  Google  Wallet  Google  Play  Google  News 
august 2015 by asterisk2a
Google Creates New Company Called Alphabet, Restructures Stock - Bloomberg Business
[ Cracking under Wall Streets pressure ] The new structure [ holding company ] will give greater clarity into how Google invests in various ventures, including driverless cars, high-speed Internet service and health-related technologies. It also makes it easier to make any future acquisitions or potential divestments. [...] Sundar Pichai, Page’s deputy, will be promoted to become CEO of Google Inc., which generates the bulk of the company’s $60 billion in annual revenue. Omid Kordestani will transition from his role as chief business officer to become an adviser to Alphabet and Google. “Sergey and Larry will be able to allocate their time differently between the core and non-core businesses,” “You have Sundar focusing on the core business, and you will have Larry and Sergey kind of looking at the future growth businesses.” [...] [Larry Page] “Our company is operating well today, but we think we can make it cleaner and more accountable.” [ Google Inc. = Search worlds information. ]
Google  conglomerate  Wall  Street  shareholder  value  profit  maximisation  Alphabet  Inc.  Google  Search  Google  Inc.  capitalism  Don't  be  evil  Google  X  Google  Capital  Google  Ventures  Android  Sundar  Pichai  self-driving  cars  autonomous  car  Google  Fiber  Project  Loon  Makani  Nest  Labs  YouTube  Calico  business  management  R&D  competitive  competition  competitiveness  Agile  Google  Glass  Google  Wallet  Google  Play  Google  News 
august 2015 by asterisk2a

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