Alphabet Inc.

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Alphabet is an American company based in California. It holds Google and 12[1] other projects.[2] The CEO is Sundar Pichai.

Alphabet Inc.

History

Alphabet was founded as a Google parent holding company on August 10, 2015.[3] It included 9 businesses.[4][5][6]

On December 3, 2019, the Google CEO Sundar Pichai became the Alphabet CEO too.[7]

That year the company was ranked #15 on the Fortune 500 list of global US corporations by revenue.[8]

In 2020, Alphabet net income was $40,269 million.

On January 16, 2020, Alphabet reached a $1 trillion market value.[9]

Critics

In October 2020, the United States Government Department of Justice filed an Anti-Trust Lawsuit against Alphabet Inc over Google’s monopoly on Search.

References

  1. ↑ Hartmans, Avery. All the companies and divisions under Google's parent company, Alphabet, which just made yet another shake-up to its structure (in en-US). Business Insider. Retrieved 2021-10-04.
  2. ↑ Google's Loon brings internet-by-balloon to Kenya - BBC News. BBC (2018-07-19). Retrieved 2021-10-04.
  3. ↑ Kelly, Heather. Meet Google Alphabet - Google's new parent company. CNNMoney (2015-08-10). Retrieved 2021-10-04.
  4. ↑ "Google Rises After Creating Holding Company Called Alphabet" (in en). Bloomberg.com. 2015-08-10. https://www.bloomberg.com/news/articles/2015-08-10/google-to-adopt-new-holding-structure-under-name-alphabet-. Retrieved 2021-10-04. 
  5. ↑ Greenberg, Julia. "What Google, I Mean Alphabet, Looks Like Now" (in en-US). Wired. ISSN 1059-1028 . https://www.wired.com/2015/08/google-mean-alphabet-looks-like-now/. Retrieved 2021-10-04. 
  6. ↑ Rosoff, Matt. What is Alphabet, Google's new company? (in en-US). Business Insider. Retrieved 2021-10-04.
  7. ↑ Feiner, Lauren. Larry Page steps down as CEO of Alphabet, Sundar Pichai to take over (in en). CNBC (2019-12-03). Retrieved 2021-10-04.
  8. ↑ Fortune 500 (in en). Fortune. Retrieved 2021-10-04.
  9. ↑ Ramkumar, Amrith (2020-01-16). "Alphabet Becomes Fourth U.S. Company to Reach $1 Trillion Market Value" (in en-US). Wall Street Journal. ISSN 0099-9660 . https://www.wsj.com/articles/alphabet-becomes-fourth-u-s-company-to-ever-reach-1-trillion-market-value-11579208802. Retrieved 2021-10-04.