Google officially becomes part of AlphabetOctober 3, 2015 - 11:05 AMT PanARMENIAN.Net - Google is now a wholly-owned subsidiary of a new parent company called Alphabet, TechCrunch reports. The company announced its plans for a new corporate structure back in August. Google itself will continue to exist under the leadership of CEO Sundar Pichai, while Alphabet serves as “a collection of companies” led by CEO Larry Page. According to a new filing with the Securities and Exchange Commission, Google has “implemented the Alphabet Merger.” That means Google stock has been converted into Alphabet stock (though the stock ticker symbol remains the same), with trading of Alphabet stock expected to begin when the market opens on Monday, October 5’s morning. Why the change? Well, Page wrote that the structure will allow the company to “run things independently that aren’t very related” while also keeping “tremendous focus on the extraordinary opportunities we have inside of Google.” Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. U.S. reacts to Russia’s criticism of upcoming Armenia-EU-U.S. meeting Matthew Miller has weighed in on Russia’s criticism of an upcoming Armenia-EU-U.S. meeting. Lavrov sees ‘collapse’ of Russia’s ties with Armenia Russian Foreign Minister Sergey Lavrov has underscored heightened tensions between Russia and Armenia. Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine |