The world’s fourth richest person has exercised expiring options and sold $640-million of Oracle shares.
Browsing: Sergey Brin
Alphabet lost US$100-billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video.
Elon Musk denied he had an affair with Sergey Brin’s wife, after the Wall Street Journal reported that the liaison led the Google co-founder to sell his investments in Musk’s companies.
The effects of the fundamentally different approaches to management and culture at Alphabet and Meta Platforms have proven to be far-reaching.
The Google parent breached $2-trillion in market value for the first time on Monday, fuelled by digital ads and cloud services.
The rally in tech shares has taken the number of people with fortunes of more than $100-billion to eight.
India’s richest man surged past Silicon Valley tech titan Elon Musk as well as Google co-founders Sergey Brin and Larry Page to become the world’s sixth-richest person.
Google’s idealistic history increases the burden on its executives to bring along reluctant employees as it adopts more conventional corporate practices. It’s not going to be easy as tensions boil over.
If you want to know how Alphabet’s new CEO, Sundar Pichai, will run the company you don’t need to look very far – he’s essentially been doing it for several years already.
Google founders Larry Page and Sergey Brin are stepping down as leaders of parent company Alphabet, ending day-to-day involvement as regulators intensify scrutiny of an Internet industry the two men helped create.