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Then Chairman and CEO Eric Schmidt (left) with co-founders Sergey Brin (center) and Larry Page (right) in 2008. Google LLC (/ ˈ ɡ uː ɡ əl / ⓘ, GOO-gəl) is an American-based multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial ...
On August 10, 2015, Page announced on Google's official blog that Google had restructured into a number of subsidiaries of a new holding company known as Alphabet Inc with Page becoming CEO of Alphabet Inc and Sundar Pichai assuming the position of CEO of Google Inc. In his announcement, Page described the planned holding company as follows: [86]
[1] [2] He bought 160,000 Google shares for $800 when the company was founded in 1998, which would be valued at more than $200 million when Google went public in 2004, and more than $13 billion as of 2021. [3] In 1997 Hassan founded FindMail, later renamed to eGroups.com, an email list management web site.
On August 10, 2015, Google announced plans to create a new public holding company, Alphabet Inc. Google co-founder and CEO Larry Page made this announcement in a blog post on Google's official blog. [10] Alphabet was created to restructure Google by moving subsidiaries from Google to Alphabet, thus narrowing Google's scope.
Scott Hassan and Alan Steremberg were cited by Page and Brin as being critical to the development of Google. Rajeev Motwani and Terry Winograd later co-authored with Page and Brin the first paper about the project, describing PageRank and the initial prototype of the Google search engine, published in 1998. Héctor García-Molina and Jeff Ullman were also cited as contributors to the project ...
On January 20, 2011, Google announced that Schmidt would step down as the CEO of Google but would take new title as executive chairman of the company and act as an adviser to co-founders Page and Brin. [47] Google gave him a $100 million equity award in 2011 when he stepped down as CEO. [48] On April 4, 2011, Page replaced Schmidt as the CEO. [49]
Wayne Osborne (left) has overseen Larry Page's life and finances since 2012, as head of the Google founder's family fund. Dre Waltizer; Jeff Chiu/AP Photo; Google; Getty Images; Alyssa Powell/BI
Google is one the biggest companies in the world. The company name may be lesser known, but its brands like YouTube and Wave are blockbusters.