With the launch of its new holding company, Alphabet, Google is trying its hardest not to be Microsoft. And Chief Executive Officer Larry Page is signaling that he does not want to be Bill Gates.
The software startup that Gates founded morphed into a tech giant and gradually took over nearly every computer desktop in the world. Its core products — Windows, still the dominant desktop operating system, and productivity software like Office, which made computers invaluable to office workers.
The concept behind the reorganization seems to be anointing several non-search divisions as equally important as the core Google business. That’s just optics, because the company will continue to make its money in the same way for the near future. The most important change is in Page’s role, which is shifting to a spot at the top, with Brin, of the new Alphabet entity.
Page is inviting the coolest and most innovative engineers to come work for him. He’s saying that he does not know, as no executive ever does, what his company’s next big product will be.
Google remains one of the coolest companies on earth, measured by the number of people clamoring for jobs there. For the last six years it’s ranked number one on Fortune’s list of the best companies to work for. But Google is not the only hot company, and it faces hiring competition from Facebook, Twitter, and a phalanx of newer startups
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.