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Google Founders Larry Page And Sergey Brin Exit Alphabet Exec Suite, Hand CEO Reins To Google’s Sundar Pichai
Larry Page and Sergey Brin, the founders of Google, have left their executive roles at its parent company, Alphabet. Google CEO Sundar Pichai will become CEO of Alphabet while remaining chief at Google.
Page had been CEO of Alphabet and Brin had been president. They will continue to be involved in the tech giant as…
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By Dade Hayes
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0 Comments Comment on Google Founders Larry Page And Sergey Brin Exit Alphabet Exec Suite, Hand CEO Reins To Google’s Sundar Pichai
Google To Become “Alphabet,” With Search And Businesses As Subsidiaries
Google has outgrown Google, it seems. The company says in a blog post and SEC filing that it’s re-establishing itself as a new entity called Alphabet — with Google as a subsidiary. You Tube will remain with Google, but Google Fiber — the cable-like TV and broadband service — will be separate.
The post doesn’t spell…
Oracle Chief Says Apple’s Headed Down Without Steve Jobs: Video
CBS This Morning‘s Charlie Rose has a fascinating interview this morning with Oracle CEO Larry Ellison. The billionaire describes the late Apple CEO Steve Jobs — his former best friend — as “our Edison…our Picasso” and adds that under Tim Cook the company “will not be nearly so successful.” Ellison also attacks Google…
Google CEO Apologizes For Earnings SNAFU As Company Talks Up Android
“I'm sorry for the scramble earlier today,” Google CEO Larry Page told analysts on a conference call. And that was that regarding the uproar today after the company’s earnings were prematurely released — resulting in a temporary halt in trading. Execs continued to cheer-lead, especially as they talked up progress in…
Google Shares Fall After Rare 4Q Earnings Miss
The search giant is down more than 9% after reporting 4Q earnings of $8.22 a share, below the Street’s $8.41 consensus forecast. Net profit came in at $2.7B, up 6.4% vs the same period last year, on revenues of $10.6B, up 25.4%. But when ad commissions are taken out, the revenue figure drops to $8.1B, which is short…
Google Wrapping Up Deals To Launch 25+ Pro-Produced YouTube Channels For January
EXCLUSIVE: I’ve learned that Google has put Hollywood on notice to keep mum as it prepares to announce its big plan to redefine YouTube with 25 or so channels that will offer professionally produced news, information and entertainment. Google plans to spend an estimated $150M for the services — top tier channels…
Google Up 11.5% In After-Hours Trading On Strong 2Q Earnings
The leading Internet search company says its 2Q net income of $2.5 billion is up 36.1% vs the same period last year on revenues of $9 billion, up 32%. Earnings, at $8.74 a share not counting employee stock costs, handily beat analyst expectations of $7.84. Most of the growth came from ad sales at Google-owned sites…
Outgoing Google CEO Eric Schmidt Keeps Door Open For TV Job
3rd UPDATE: Ever since it was announced last week that Google CEO Eric Schmidt would be stepping aside in April and that co-founder Larry Page would take over the day-to-day operation of the search giant, everyone’s been wondering if Schmidt would make the move to TV. Today in Germany, at the Digital-Life-Design…
SILICON VALLEY SCANDAL? Paul Allen Sues Google, Apple, AOL, Facebook, Yahoo, Ebay, Others For Patent Infringement
The lawsuit was filed today in Seattle’s U.S. District Court. The Microsoft co-founder has always been mercurial, to say the least, but this is like a bolt out of the blue. The implications are staggering — especially considering that the lawsuit, according to news reports, says Allen’s Interval Licensing LLC provided…
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By Nikki Finke
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Google Founders Will Get Film Treatment
EXCLUSIVE: The founders of Facebook aren’t the only game-changing geeks poised to have their story told on a movie screen. Michael London’s Groundswell Productions has teamed with producer John Morris to acquire movie rights to the Ken Auletta book Googled: The End of the World As We Know it. They will use the book as…
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