Sergey Brin and Larry Page. Photo by AP
News Analysis
Google

As Alphabet Grows Obsolete, Page and Brin Step Aside

Photo: Sergey Brin and Larry Page. Photo by AP

The days of Alphabet, the Google parent company that Larry Page and Sergey Brin created as a playground for ambitious new bets, may be numbered. 

A little over four years after Page and Brin formed Alphabet, the two made a surprise announcement on Tuesday that Google CEO Sundar Pichai will become Alphabet’s CEO, replacing Page. Brin will give up the title of president of Alphabet. The two Google founders will remain as board members and controlling shareholders. But the moves distance the two from the management of the company they created in 1998. 

“While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents—offering advice and love, but not daily nagging!” Page and Brin wrote in a post about the change. 

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Takeaway Media/Telecom
The Next Big News Disruption
Anyone who works in media—and especially in news—can feel the change. Everything about this business, from the editorial content to the talent to the (restless) energy of virtual newsrooms, is growing more intense.The pandemic is obviously a big part of the story. But there’s something bigger going on: a new phase of disruption as powerful as the last—if not more powerful. The last sea...
Latest Briefs
 
Splunk Adopts Permanent Remote Work Policy
New Software Platform The Archivist Raises $2 Million From Ashton Kutcher, Edward Norton
Ant Group Looks to Revamp Healthcare Service Amid Beijing’s Crackdown
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Org Charts Google
At Booming Google, Search Chief Gives More Love to Product Managers
Even as Google’s business booms and hiring accelerates, senior leaders have made changes to the unit housing its biggest moneymakers—web search and advertising.
Photos by Bloomberg; Illustration by Mike Sullivan
Exclusive Facebook
Zuckerberg’s Plan to Repair Facebook’s Image: More Zuckerberg
During a companywide Q&A with Facebook employees last Thursday, CEO Mark Zuckerberg turned to a question about a recent uptick in posts on his Facebook page, including a joke he made referencing the actor Vin Diesel a few days prior.
Photo: Bloomberg
Opinion Venture Capital Startups
Why the Smart Money Is Headed to Europe
For years, Europe has run a distant second to the U.S. when it comes to creating and supporting tech startups.
Branded president Michael Ronen. Photo provided by Branded
The Big Interview Venture Capital Startups
Branded Joins Frenzy of Startups Acquiring Amazon Merchants, Finds Profits
Michael Ronen recently learned more than he ever thought he’d know about soap. Ronen runs Branded, a startup that buys up successful small businesses who sell their wares on Amazon.
Data Point
Inside Rounds Hit Record $30 Billion as Investors Double Down
Venture capitalists may be getting too comfortable with marking up their own portfolios. The number of inside rounds, or VC deals in which only a startup’s previous investors participate, reached a high of over 1,000 in the U.S.
Didi’s offices in Hangzhou, China. Photo: Bloomberg
Exclusive Asia E-commerce
China’s Ride-Hailing Giant Didi Plans Separate IPO of Grocery Business
Didi Chuxing, a Chinese ride-hailing giant that plans to go public in New York this summer, is already making plans to spin off its newly created grocery-delivery service a year or two after the initial public offering.