Google Shares Spike 5% After ‘Alphabet’ Restucturing
August 10, 2015 at 17:52 PM EDT
Google just announced a big restructuring of the company, sending shares up 5% in extended trading. As part of the restructuring, Larry page is now the new CEO of a parent company called Alphabet, while Sundar Pichai will be CEO of Google. According to a regulatory filing, Google’s business will include “search, ads, maps, apps, YouTube and Android and the related technical… Read More