Google Creates New Parent Company, ‘Alphabet’

Some changes coming to Google.

FOX News Radio’s Kerin McCue reports:

It’s Google’s operating structure that’ll be changing. Henceforth, it’ll become part of a holding company called ‘Alphabet’. Users will still be able search, use the maps and watch YouTube as Alphabet will house those main Google businesses. Couple all that with businesses managed separately: Like Fiber and Nest… Even Google Ventures.

There’ll be some changes in the front offices, too, with Larry Page becoming the CEO of Alphabet, Sergey Brin will become President while Eric Schmidt will wear the Executive Chairman’s hat.

Kerin McCue, FOX News Radio.