Following the release of its Q4 earnings earlier this week, Alphabet saw it stock prices surge to upwards of $800, increasing by 8 percent thanks to its strong earnings report. This jump on Alphabet’s part caused the company’s market capitalization to increase as well, rising to over $540 billion. This increase meant that Alphabet surpassed Apple to become the world’s most valuable company. Two days later, however, Alphabet’s stock has fallen back down, giving the crown of the world’s most valuable company back to Apple.
alphabet Stories February 3, 2016
alphabet Stories September 14, 2015
Eric Schmidt, executive chairman of Google parent company Alphabet, has made a thinly-veiled attack on Apple Music in a BBC op-ed on artificial intelligence. He described human-curated music selections as a decade out of data and an elitist approach.
A decade ago, to launch a digital music service, you probably would have enlisted a handful of elite tastemakers to pick the hottest new music.
Today, you’re much better off building a smart system that can learn from the real world – what actual listeners are most likely to like next – and help you predict who and where the next Adele might be …
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alphabet Stories August 10, 2015
Google announces major restructuring with new parent company ‘Alphabet’, Sundar Pichai named CEO of Google subsidiary
Google has announced a major restructuring of the entire organization, starting with the creation of an all-new company called Alphabet, Inc., which will now serve as the parent company of Google and all of its previous projects.
The Google brand will be “slimmed down” and focus on web products like Search and Gmail, with SVP of Android/Chrome/Google Apps Sundar Pichai serving as CEO. Other endeavours like health research, will belong to other companies that will be broken out of Google.