Google Founders Create New Parent Company — Alphabet

As Google's mission has evolved from a search engine to a social network, self-driving cars, drone delivery, a mobile operating system, its co-founders decided it was time for a new company to accurately reflect their focus.

As Google’s mission has evolved from a search engine to a social network, self-driving cars, drone delivery, a mobile operating system (and much more) its co-founders decided it was time for a new company to accurately reflect their focus.

Alphabet, announced Monday, is a collection of companies, the largest of which is Google.

But what will Alphabet do? (Hold your Alphabet+ jokes.)

CEO Larry Page explained the mission in a blog post:

What is Alphabet? Alphabet is mostly a collection of companies.

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