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Goodbye Google, hello Alphabet?

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Killmur
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2015/10/02 15:52:06 (permalink)
Seriously in one of the strangest moves I've seen a company ever do it seems Google has now made themselves a subsidiary of their new subsidiary which is now the main company that owns Google. From what I can understand they made a subsidiary named Alphabet Inc then managed to switch them around. So I guess now we won't be saying Google it, instead Alphabet it?


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    NordicJedi
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    Re: Goodbye Google, hello Alphabet? 2015/10/02 16:03:18 (permalink)
    https://abc.xyz/
     
    http://www.wired.com/2015/10/today-google-officially-becomes-alphabet/

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    #2
    Killmur
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    Re: Goodbye Google, hello Alphabet? 2015/10/02 16:07:56 (permalink)
    Heh I was in a hurry to provide links. Still I find this whole thing they did so... odd?


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    wmmills
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    Re: Goodbye Google, hello Alphabet? 2015/10/02 16:42:27 (permalink)
    Its probably for the huge tax advantages, essentially so they can grab the depreciation deductions under the asset rules. I don't know all their particulars but they may be trying to grab a exemption too. Maybe they are trying to offset the huge amounts of money they spent acquiring all the DARPA bot companys in the last year or so.

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    XrayMan
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    Re: Goodbye Google, hello Alphabet? 2015/10/02 19:32:16 (permalink)
     
    Moving to Computer Industry News.

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    Brad_Hawthorne
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    Re: Goodbye Google, hello Alphabet? 2015/10/02 19:41:04 (permalink)
    It's a play on them trying to own everything a to z. It reflects their interest in diversification that they've been doing for awhile now.

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    seth89
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    Re: Goodbye Google, hello Alphabet? 2015/10/04 09:41:24 (permalink)
    Hurray for Warren Buffett!


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