Mountain View. The Internet giant Google is facing the largest reconstruction in its history. The lucrative web business in the search engine and online advertising will be separated from new projects such as self-propelled cars or drones. The core business is still Google, but migrates under the roof of a newly created parent group named Alphabet. Other sectors such as the specialist for home-networking Nest or the innovation lab Google X become independent companies in Alphabet Holding. The conversion should make the company’s business more transparent, wrote Google co-founder Larry Page in a blog post late on Monday. He changes from the top job at Google to the top of the alphabet.
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