What Google’s Restructuring Will Mean

On Monday Google announced that it is reorganizing its business and will create a new company called “Alphabet.” The internet businesses that generate most of the current company’s revenue (such as its ubiquitous search engine and YouTube) will be put into a subsidiary called “Google” that will be owned by Alphabet. The current company’s other endeavors (such as its attempts to build self-driving cars and Nest, its internet-connected household products business) will also be subsidiaries owned by Alphabet but will be separate from the subsidiary called Google.

Topics: Google

What Just Happened to Google’s Stock?

If you own stock in Google, you may have noticed something a bit odd: what used to be shares in GOOG stock on Thursday became shares in both GOOG and GOOGL, each worth about half as much as the GOOG shares used to be worth. What happened?

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