Alphabet Inc.

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Alphabet Inc.
Conglomerate and public holding company[1][2]
Traded asGOOG, GOOGL (NASDAQ)
Industry
Founders
Headquarters
United States
Key people
Subsidiaries
Websiteabc.xyz

Alphabet is an American company based in California. It holds Google and 12[3] other projects.[4] The CEO is Larry Page.

History[change | change source]

Alphabet was founded as a Google parent holding company on August 10, 2015.[5] It included 9 businesses.[6][7][8]

On December 3, 2019, the Google CEO Sundar Pichai became the Alphabet CEO too.[9]

That year the company was ranked #15 on the Fortune 500 list of global US corporations by revenue.[10]

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

On January 16, 2020, Alphabet reached a $1 trillion market value.[11]

Critics[change | change source]

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

References[change | change source]

  1. "Google Rebrands As Alphabet". Forbes. Retrieved August 11, 2015.
  2. Solsman, Joan E. "Google's Alphabet: Brought to you by...Hooli?". CNET.
  3. Meisenzahl, Avery Hartmans, Mary. "All the companies and divisions under Google's parent company, Alphabet, which just made yet another shake-up to its structure". Business Insider. Retrieved 2021-10-04.
  4. "Google's Loon brings internet-by-balloon to Kenya - BBC News". web.archive.org. 2018-07-19. Retrieved 2021-10-04.
  5. Kelly, Heather (2015-08-10). "Meet Google Alphabet - Google's new parent company". CNNMoney. Retrieved 2021-10-04.
  6. "Google Rises After Creating Holding Company Called Alphabet". Bloomberg.com. 2015-08-10. Retrieved 2021-10-04.
  7. Greenberg, Julia. "What Google, I Mean Alphabet, Looks Like Now". Wired. ISSN 1059-1028. Retrieved 2021-10-04.
  8. Rosoff, Matt. "What is Alphabet, Google's new company?". Business Insider. Retrieved 2021-10-04.
  9. Feiner, Lauren (2019-12-03). "Larry Page steps down as CEO of Alphabet, Sundar Pichai to take over". CNBC. Retrieved 2021-10-04.
  10. "Fortune 500". Fortune. Retrieved 2021-10-04.
  11. Ramkumar, Amrith (2020-01-16). "Alphabet Becomes Fourth U.S. Company to Reach $1 Trillion Market Value". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-10-04.