SAN FRANCISCO Google Inc (GOOGL.O) 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.
The move appeared to be an attempt by the search engine giant to focus on its more creative and ambitious projects, while investors cheered the potential for more financial disclosures of its disparate business segments.
Also read: Tyson Seeks Lead in No-Antibiotics Poultry
19:44 Shadow president or mere shadow? In Europe, Pence seeks to reassure allies unnerved by Trump10
11:30 Pence and Merkel embrace NATO but differ on transatlantic partnership21
13:01 Many Twin Cities businesses closing Thursday for 'Day Without Immigrants' protest26
12:59 Sprint's new unlimited plan adds HD streaming, four lines for $9017