Headline Roundup • December 4th, 2019
Google Co-founders Step Down From Parent Company
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Al Jazeera
Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, the company said in a blog post on Tuesday, reflecting the increasingly diminished public role of Page and Sergey Brin at the company they cofounded 21 years ago.
"While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it's time to assume the role of proud parents - offering advice and love, but not daily nagging!" Page and Brin wrote in the...
Congrats to Sundar Pichai, who just got promoted to the worst job in Silicon Valley.
On Tuesday, Google’s parent company Alphabet dropped the bombshell that co-founders Larry Page and Sergey Brin are stepping down as CEO and president, respectively, and that the 47-year-old Pichai will become CEO of all of Alphabet.
MarketWatch
The departure of Google co-founders Larry Page and Sergey Brin from managerial roles at Alphabet Inc. marks the end of an era for the search-engine giant, though analysts doubt there will be meaningful changes in the way the company is run.
Investors, though, may take comfort in the chance of a shift in how the company approaches its financials now that Google CEO Sundar Pichai has been elevated to the top role at parent company Alphabet GOOG, +2.00% GOOGL, +1.89% as well. Analysts say the leadership transition could prompt a...
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