Ron Burgundy Posted August 11, 2015 Share Posted August 11, 2015 By Mari Saito and Julia Love SAN FRANCISCO (Reuters) - Google Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars. "It suggests that in all likelihood, Google is not going to slow the pace of their experimental processes like self-driving cars," said Michael Yoshikami, head of Destination Wealth Management, which has $1.5 billion under management. The surprise news sent shares of Google up as much as 7 percent to $708 in after hours trading. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.