[3][4][5] The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. In 2010, Pichai also announced the open-sourcing of the new video codec VP8 by Google and introduced the new video format, WebM. 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. Alphabet Inc. said in a regulatory filing that Chief Executive Officer Sundar Pichai was awarded $281 million in compensation last year, making him one of the world’s highest-paid executives. He went on to oversee the development of other applications such as Gmail and Google Maps. As per its 2017 annual report, 86% of Alphabet's revenues came from performance advertising (through user clicks using AdSense and Google Ads) and brand advertising. [14][15], In his announcement, Page described the planned holding company as follows:[4][16]. You may be owed some money from class-action privacy settlement", "In re Google Plus Profile Litigation District Court ND of California", "Justice Department Hits Google With Antitrust Lawsuit", "Google violated U.S. labor laws in clampdown on worker organizing, regulator says", https://en.wikipedia.org/w/index.php?title=Alphabet_Inc.&oldid=1011569238, Companies based in Mountain View, California, Conglomerate companies established in 2015, Conglomerate companies of the United States, Multinational companies headquartered in the United States, Technology companies based in the San Francisco Bay Area, Biotechnology companies of the United States, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles containing potentially dated statements from September 2017, All articles containing potentially dated statements, Articles containing potentially dated statements from 2019, Creative Commons Attribution-ShareAlike License, Internet access: via high-altitude balloons (Shutting down Jan 2021), Urban innovation: infrastructure through technological solutions, Research and development for "moonshot" technologies. [39] Of these, 53% came from its international operations. The largest of which, of course, is Google. The company has operations in Australia, the United States, and Finland. Overall, for large companies, this year Eric Yuan, CEO of Zoom Video Communications Inc. (Nasdaq: ZM), came into first place, followed by Brian Halligan, CEO of Cambridge-based HubSpot Inc… Business data for Alphabet Inc. (class A): Business data for Alphabet Inc. (class C): This page was last edited on 11 March 2021, at 16:25. In November 2017, Alphabet Inc. led a Series A round of $71 million along with Andreessen Horowitz and 20th Century Fox in music startup UnitedMasters, founded by Steve Stoute. At the same time, it was announced that Google will be reorganized as a limited liability company, Google LLC. Alphabet Inc A GOOGL Morningstar Rating Rating as of Mar 5, 2021. Following the announcement, BMW said it would be "necessary to examine the legal trademark implications" of the proposals. Page was the chief executive officer of Google from 1997 until August 2001 (stepping down in favor of Eric Schmidt) then from April 2011 until July 2015 when he moved to become CEO of Alphabet Inc. (created to deliver "major advancements" as Google's parent … According to a story published on Bloomberg.com Thursday, Alphabet Inc. executives have decided that the likelihood of the robotics company turning a … [29][30], In August 2017, Pichai drew publicity for firing a Google employee who wrote a ten-page manifesto criticizing the company's diversity policies and arguing that "distribution of preferences and abilities of men and women differ in part due to biological causes and ... these differences may explain why we don't see equal representation of women in tech and leadership". We also like that it means alpha‑bet (Alpha is investment return above benchmark), which we strive for! Eric Schmidt, Alphabet, Inc. Executive Chairman. [16] Pichai joined Google in 2004, where he led the product management and innovation efforts for a suite of Google's client software products, including Google Chrome[17] and Chrome OS, as well as being largely responsible for Google Drive. Android was formerly managed by Andy Rubin. MUNICH 29/05/2019 – Marco Lessacher will take up the position of Chief Executive Officer at Alphabet International on July 1 st 2019, succeeding long-standing CEO Norbert van den Eijnden. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies. Alphabet, Inc. acquired seven of its own capital-backed startups in the 2017 financial year, with Cisco second having acquired six of the company's previous investments. He is the chief executive officer (CEO) of Alphabet Inc. and its subsidiary Google. Chief Executive Officer, Alphabet and Google, and Director: Total Cash $650,000: Equity $276,612,072: Other $3,359,480: Total Compensation $280,621,552: Ruth M. Porat Senior Vice President, Chief Financial Officer, Alphabet and Google: Total Cash $650,000: Equity $0: Other $14,052: Total Compensation $664,052: Larry Page Co-Founder and Director: Total Cash $1: Equity $0: Other $0 Alphabet Inc has denied any wrongdoing and said it acted legally. Alphabet's board of directors has opened an investigation into how executives handled claims of sexual harassment and other misconduct, including … [46], In 2017, Alphabet Inc. sued Uber over technology similar to Alphabet's proprietary self-driving car technology. He also said he wanted to improve "the transparency and oversight of what we're doing", and to allow greater control of unrelated companies. [49], In October 2018, a class action lawsuit was filed against Google and Alphabet due to "non-public" Google+ account data being exposed as a result of a privacy bug that allowed app developers to gain access to the private information of users. Page explained the origin of the company's name:[16]. [6][7], The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Alphabet Inc. 1600 Amphitheatre Parkway Mountain View, California 94043 (650) 253-0000 . Pichai is included in Time magazine's 100 Most Influential People of 2020. The company completed their first real-world deliveries in 2014. Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. Alphabet is mostly a collection of companies. Moving to the United States, he attained an M.S. [2] Alphabet retains Google Inc.'s stock price history and continues to trade under Google Inc.'s former ticker symbols "GOOG" and "GOOGL"; both classes of stock are components of major stock market indices such as the S&P 500 and NASDAQ-100. [4] He is the chief executive officer (CEO) of Alphabet Inc. and its subsidiary Google. The company provides electronic medical records and analysis to identify improved treatments for oncology patients. Additionally, it does not own the domain abc.com, which is the domain of the Disney-owned American Broadcasting Company. He was subsequently responsible as Head of International Corporate, Direct and Special Sales at the BMW Group. It does not own the domain alphabet.com, which is owned by a fleet management division of BMW.