Google Rebrands Itself As ALPHABET!!!
Fun times ahead!
ROCKSTAR BLOGGER, Life Opportunity connoisseur
PHOEBE
Fun times ahead!
Google
is taking significant steps in facing out the old and bringing in the new.
I
call it a “Shake-up”. It is indeed a profound shake–up. The Tech giants “Google”
announced on Monday 10th August 2015 about a major reorganization.
This will cover a name change, corporate and management restructuring. This
should not come as much surprise especially if you are familiar with the words of Sergey Bin “Google is not a conventional company. We do not intend to become one”
This move is a breath of fresh of air for the investors who would have
greater insight on how their money is used or sent. It will allow investors
have access to the Crux of "Google’s business".
Worried
about your Google’s shares? Oh well, Google shares will automatically convert to
Alphabet shares but will continue to trade under same stock sticker GOOG &
GOOGL.
I understand if you are still in dark as to what is really happening here! I
can read your thought!! Hehehehe... I am not psychic, far from it. But I can
just imagine the thoughts scrambling for attention in your mind right now.
Here is
something that will give you a clearer picture of what this “Profound Shake-up”
is about, it is similar to Warren Buffet’s Berkshire Hathaway where it wholly owns
a number of properties and has stakes in several others.
Here’s
what the management structure will be like, Sergey Brin is no longer a
Co-founder of Google but The President of Alphabet while Larry Page will’s be its
CEO. Eric Schmidt will be the executive chairman of Alphabet and my very own
David Drummond is the chief legal officer and secretary.
Overall,
I think this is a positive news and I bet you “then Google now Alphabet” has some
killer things coming up.
So
I can conclude by saying “The name Google may be dead but its legacy yet lives
and Alphabet rides on its wings.
The price of doing the same old thing is far higher than the price of change - Bill Clinton
ROCKSTAR BLOGGER, Life Opportunity connoisseur
PHOEBE
NICE ONE
ReplyDeleteHi Lawrr, appreciate your feedback.
DeleteWould love to see how this change would better the lives of people around the world. BMW is already gearing for a showdown cos they have a subsidiary with the name Alphabet.
ReplyDeleteYes, I am optimistic that it will, Sergey has given us a clue when he said " Google is not a conventional company. We do not intend to become one". There will be changes, positive changes
Delete@ Lawrence Aninye, appreciate your feedback.
ReplyDeleteInteresting @ Google, Thanks for the info @ Phee
ReplyDeleteAppreciate your feedback Benny
DeleteI interestingly read from a tech newsletter about this development on monday night. However with not as detailed information like this piece. Thanks Phoebe for enlightenment
ReplyDeleteMuchos Gracias Tobi, appreciate your feedback!
Delete