Google is restructuring. Here's a breakdown: http://t.co/nmFezP8XyEpic.twitter.com/t1rLr1QlH9
— NYTimes Bits (@nytimesbits) August 10, 2015
-Current Google ceos Larry Page and Sergey Brin have announced plans to leave google for their new company Alphabet.
-Current vice president Sundar Pichai is the new head of google, while Page is the new ceo of alphabet and Brin is alphabet's president.
-Alphabet is a holding company for google and other services e.g. Fiber, Google's previous research division and Nest.
-No change is set to occur to core google services such as search and maps.
-Alphabet's website is https://abc.xyz/
-Larry Page's full statement can be read here
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