Oct 02 AT 2:50 PM Dima Aryeh 0 Comments

Google completes restructuring of company to Alphabet


Not long ago, Google announced that it would be restructuring the company using a new company called Alphabet to oversee the new, separate sub-companies. The premise was that each endeavor should have its own company under one parent company, so the failures of each endeavor won’t hurt Google as a whole. So Google is now focused on search and mobile, and different divisions are left to do what they do best.

The company announced that the restructuring will be completed by the end of the day today, October 2, and Google stocks will begin trading as Alphabet stocks on October 5. However, the previous ticker symbols of GOOG and GOOGL will remain.

Source: Google

Dima Aryeh is a Russian obsessed with all things tech. He does photography, is an avid phone modder (who uses an AT&T Galaxy Note II), a heavy gamer (both PC and 360), and an aspiring home mechanic. He is also an avid fan of music, especially power metal.

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