These brands range cover a wide range of areas, including software, smart home products, health and fitness research and artificial intelligence, to name a few. In conclusion, the ownership landscape of Alphabet Inc., epitomizes a symbiotic relationship between pioneering individuals and astute institutional investors. With figures like Sergey Brin, Larry Page, and Sundar Pichai at the helm, Alphabet’s journey from a Stanford dorm room project to a global conglomerate is a testament to relentless innovation and strategic vision. Furthermore, the substantial holdings of institutional giants like Vanguard Group, BlackRock, and others underscore the market’s confidence in Alphabet’s who own google now trajectory and potential. This blend of visionary leadership and strategic investment positions Alphabet for sustained dominance and groundbreaking innovation in the ever-evolving tech landscape. Google was officially launched on 4 September 1998 from their friend’s garage in Menlo Park, California, United States.
Who is Sundar Pichai and what does Alphabet do?
So she moved fast to buy it while Google still had an upper hand at the negotiation table. “I saw an opportunity to combine the two services,” Wojcicki recalled in venture capitalist John Doerr’s book Measure What Matters. And convinced Larry and Sergey.” Sounds like listening to Wojcicki was a smart decision, discounting of course the never-ending YouTube controversies of late. If you someone from the year 2019 traveled back in time and told you about the eventual fate of Yahoo, it would have been hard to believe. In 2002, Yahoo was an internet giant of unprecedented size, and it wanted in on Google’s fast-growing search business.
The company’s products include smartwatches, armband fitness trackers, a digital fitness tracking application, and related gear, accessories, and services. In general, it could be argued from the consumer point of view that the better the search engine is, the fewer advertisements will be needed for the consumer to find what they want. This of course erodes the advertising supported business model of the existing search engines. However, there will always be money from advertisers who want a customer to switch products, or have something that is genuinely new.
Google’s parent company, Alphabet, is an American multinational technology conglomerate holding company. A few of its offerings include an advertising business; its Android phone products; and the Google Chrome web browser, search, Google Maps, and Google Photos. Alphabet also sells apps and in-app purchases through Google Play and YouTube, and offers cybersecurity, databases, and analytics. Its Google Workspace business includes cloud-based communication and collaboration tools for businesses, such as Gmail, Docs, Drive, Calendar, and Meet. Google is a well-known multinational company focusing on internet-related services and products, including AI, search engine technology, online ads, computer software, cloud computing, quantum computing, e-commerce, and consumer electronics. Google stands as a colossus in the tech world, a digital titan whose influence spans across search engines, artificial intelligence, cloud computing, and more.
Advertising
Rosenberg herself was publicly dating Android vice president Hugo Barra, who later moved to China to take a job with Xiaomi. After Page and Brin hired a number of developers from Mozilla Firefox, and at the suggestion of superstar product manager Sundar Pichai, Google embarked on its quest to build a better web browser. This was despite then-CEO Schmidt’s insistence that Google stay out of what he later categorized as the “bruising browser wars.” The eventual product was Chrome. The browser’s eventual domination of the market is one of Pichai’s most stunning business successes, and it helped push the product chief toward the CEO role years later. Wojcicki, who oversaw Google’s own fledging video platform, quickly and early on identified YouTube as the clear winner in what would become a contested online video race.
But early engineer and future Yahoo CEO Marissa Mayer was once quoted as saying early engineer Amit Patel wrote it on a whiteboard in 1999. Buchheit also corroborates a portion of that account, saying after the corporate values meeting, in which he says both he and Patel lobbied for “don’t be evil,” that Patel went around the company scribbling the phrase on whiteboards to help spread it around the company. It aims to bring internet access to areas with poor connectivity, by floating solar-powered hotspots over regions where building phone masts would be too expensive.
It’s not quite clear why he’s so interested in this technology or why he has spent his years post-Alphabet restructuring putting his money toward this particular market — he has not given an interview about his interest. But it does have the air of an older, rich celebrity developing a fondness for luxury cars, with an appropriate tech twist. Page more or less disappeared off the face of the Earth after relinquishing control of Google proper to Pichai and taking on his new role as Alphabet CEO.
After dropping out of Stanford, the two founded Google in 1998
Rubin was sent on his way with a $90 million exit package an addition $150 million stock grant. None of this would be made public until The New York Times published a story in October of 2018 detailing the allegations against Rubin and how it was handled at upper levels of Google leadership. Rubin went on to found smartphone company Essential, while Google decided to disband its robotics division and sell off its most valuable asset, robot maker Boston Dynamics, to SoftBank. Page was largely silent for most of 2012, a product of vocal chord paralysis that the newly re-minted CEO revealed the following year in a Google+ post. The condition has affected Page at various points in his life, but it hit him particularly hard the year after he took the reins back at Google. Brin, who at this point held the official title of “Co-Founder” and who was responsible mostly for exploring new products, will forever be remembered for being the person to debut Google Glass, the first mass-produced face computer.
- Holding a commanding 366,967,000 shares as of May 2023, Brin’s vision extends beyond his board member role, focusing now on Alphabet’s ventures into artificial intelligence and beyond.
- All three men retained their super-voting class stock that gave them complete control of the company’s direction, but the move signaled a big shift for Google.
- In December 2022, Google debuted OSV-Scanner,131132 a Go tool for finding security holes in open source software, which pulls from the largest open source vulnerability database of its kind to defend against supply chain attacks.
- While Page and Brin had officially incorporated Google, and smartly changed its name from Backrub, in 1998, the two men shortly after thought they might sell the company, apparently not quite aware of the potential of the product.
But we believe the issue of advertising causes enough mixed incentives that it is crucial to have a competitive search engine that is transparent and in the academic realm. Sundar Pichai, the chief executive of Google, has been put in charge of its parent company Alphabet, after co-founders Larry Page and Sergey Brin announced they were stepping down. Google has undergone structural changes since its inception; thus, its partnership has changed over time. So, today, Google is owned by Alphabet Inc., a conglomerate, the holding company of Google and its other diverse portfolio of businesses and brands, established in 2015. YouTube was founded in 2005 by three former PayPal employees who believed ordinary people would enjoy sharing their homemade videos online.
More from Tech
In that context, it’s important to look back at the big moments in both men’s careers and how the actions they took have had an outsized impact not just on the tech industry, but on the internet and society itself. What Page and Brin have built will likely last for decades to come, and knowing how Google got to where it is today will be an important piece in the puzzle of figuring out where it goes in the future. Previously, he wrote about technology and gaming for Naavik, Protocol, and The Verge. Acquired by Google in 2014, DeepMind is a UK-based company researching artificial intelligence and machine learning.
This translated to a total revenue of US$110,855 million in 2017 and a net income of US$12,662 million.
