– Who is Google’s new CEO?
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Being the new chief, Google’s advancements in machine learning will also be under Pichai’s leadership and bring the power of supercomputers into smartphones.
In a simultaneous development, Google Inc. yesterday morphed into Alphabet Inc. with founder Larry Page moving over as the CEO of the new parent company, leaving for Mr Pichai to take his place.
Page, in a blog post, announced the formation of the new parent company Alphabet, of which he will be the CEO and Google co-founder Sergey Brin will be its President.
By separating moonshots from moneymakers, Google founders Larry Page and Sergey Brin are now free to pursue more quixotic business ideas such as glucose-monitoring contact lenses, Internet-connected, high-altitude balloons and even immortality.
Pichai, 43, originally from Tamil Nadu, a southeast state in India, had very modest beginnings, having been raised in a two-room apartment that required him and his brother to sleep on the living-room floor, according to a profile in the The Telegraph.
In a filing with federal regulator Securities and Exchange Commission, Google informed about its organizational restructuring.
Back then, he was one of a small group of product managers, but his responsibilities escalated from working on new versions of the Google tool bar to overseeing the building of Chrome. Page said this will allow him and Brin to get “more ambitious things done” and “take the long term view”.
Politicians, teachers and people from all walks life in Tamil Nadu on Tuesday greeted Sundar Pichai, who has been named as Google’s new CEO. Google’s corporate motto is famously “don’t be evil”, although that hasn’t stopped the company from getting into strife with the European Union, which has been trying to break up Google for years, over its market dominance, or being criticised by various countries (including Australia) for not paying much tax.
First is the core Google brand, which will retain control of Android, YouTube, search, and maps, among other businesses.
Waxing eloquent about Pichai, Page said, “Sundar has been saying the things I would have said (and sometimes better!) for quite some time now, and I’ve been tremendously enjoying our work together”. The segmentation of Google divisions under the Alphabet banner helps the name fit too.
Analysts from most firms agree that greater transparency is pretty much a given with Google’s new structure.
“It basically gives a formal name to what is already been happening inside Google”. However, there could be one problem: BMW owns the trademark and.com domain for “Alphabet“. The largest of which, of course, is Google.
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Speculation is that Twitter made an offer to Pichai, who has headed up Google’s core businesses since last October. Pivotal Research analyst Brian Wieser thinks most of Wall Street is being “overly optimistic” this early after the announcement in hoping for “discrete business unit break-outs for the display network business, YouTube, Doubleclick-related activities, Google Play, Android and Google’s other internet segments”.
