Wednesday, August 12, 2015

Google now is a Part of ALPHABET




Lary Page
Now-former CEO Larry Page apparently agrees: as part of a big shake-up, Page announced  that he is now the CEO of "Alphabet," a brand-new company of which Google is just one part. Page will be CEO of Alphabet, and fellow Google co-founder Sergey Brin will be helping him run Alphabet in some capacity. Sundar Pichai is now the CEO of the subsidiary known as Google.



What is Alphabet? 
Alphabet is mostly a collection of companies. The largest of which, of course, is Google. This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main internet products contained in Alphabet instead. What do we mean by far afield? Good examples are our health efforts: Life Sciences (that works on the glucose-sensing contact lens), and Calico (focused on longevity). Fundamentally, we believe this allows us more management scale, as we can run things independently that aren’t very related.
Alphabet is about businesses prospering through strong leaders and independence. In general, our model is to have a strong CEO who runs each business, with Sergey and me in service to them as needed. We will rigorously handle capital allocation and work to make sure each business is executing well. We'll also make sure we have a great CEO for each business, and we’ll determine their compensation. In addition, with this new structure we plan to implement segment reporting for our Q4 results, where Google financials will be provided separately than those for the rest of Alphabet businesses as a whole.
Sundar Pichai
This new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of Google. A key part of this is Sundar Pichai. 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. He has really stepped up since October of last year, when he took on product and engineering responsibility for our internet businesses. Sergey and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google. I feel very fortunate to have someone as talented as he is to run the slightly slimmed down Google and this frees up time for me to continue to scale our aspirations. I have been spending quite a bit of time with Sundar, helping him and the company in any way I can, and I will of course continue to do that. Google itself is also making all sorts of new products, and I know Sundar will always be focused on innovation—continuing to stretch boundaries. I know he deeply cares that we can continue to make big strides on our core mission to organize the world's information. Recent launches like Google Photos and Google Now using machine learning are amazing progress. Google also has some services that are run with their own identity, like YouTube. Susan is doing a great job as CEO, running a strong brand and driving incredible growth.

Sergey and I are seriously in the business of starting new things. Alphabet will also include our X lab, which incubates new efforts like Wing, our drone delivery effort. We are also stoked about growing our investment arms, Ventures and Capital, as part of this new structure.
Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights. Google will become a wholly-owned subsidiary of Alphabet. Our two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.
For Sergey and me this is a very exciting new chapter in the life of Google—the birth of Alphabet. We liked the name Alphabet because it means a collection of letters that represent language, one of humanity's most important innovations, and is the core of how we index with Google search! We also like that it means alpha‑bet (Alpha is investment return above benchmark), which we strive for! I should add that we are not intending for this to be a big consumer brand with related products—the whole point is that Alphabet companies should have independence and develop their own brands.
source- https://investor.google.com/releases/2015/0810.html

Monday, August 3, 2015

Talent never let you wrong


Internet.org By Facebook

Internet.org

It is a partnership between social networking services company Facebook and six companies (Samsung, Ericsson, MediaTek, Opera Software, Nokia and Qualcomm) that plans to bring affordable access to selected Internet services to less developed countries by increasing efficiency, and facilitating the development of new business models around the provision of Internet access.

It has been criticized for violating net neutrality and favoring Facebook's own services over its rivals. An Indian journalist, in his reply to Mark Zuckerberg's article defending Internet.org in India, criticized Internet.org as "being just a Facebook proxy targeting India's poor" as it provides restricted Internet access to Reliance Telecom's subscribers in India.Until April 2015, Internet.org users could access (for free) only a few websites, and Facebook's role as gatekeeper in determining what websites were in that list was criticised for violating net neutrality. In May 2015, Facebook announced that the Internet.org Platform would be opened to websites that met its criteria.


History
Launch
Internet.org was launched on August 20, 2013. At the time of launch, Facebook's founder and CEO Mark Zuckerberg released a ten-page whitepaper he had written elaborating on the vision. In the paper, he wrote that Internet.org was a further step in the direction of Facebook's past initiatives, such as Facebook Zero, to improve Internet access for people around the world. He also said that "connectivity is a human right." A TechCrunch article about the launch compared Internet.org with Google's Project Loon.

Participants
Below is a selective history of launch dates and participating mobile networks:

July 2014: Zambia
October 2014: Tanzania
November 2014: Kenya
January 2015: Colombia
January 2015: Ghana, with Airtel
10 February 2015: India with Reliance Communications
18 March 2015: Philippines with Smart Communications
31 March 2015: Guatemala with Tigo 
20 April 2015: Indonesia with Indosat
10 May 2015: Bangladesh with Robi
13 May 2015: Malawi with TNM and Airtel 
28 May 2015: Pakistan with Telenor Pakistan 
5 June 2015: Senegal with Tigo
19 June 2015: Bolivia with VIVA
1 July 2015 : South Africa with Cell C

Source : https://en.wikipedia.org/wiki/Internet.org , https://internet.org/about