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.
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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.
Eric Schmidt, the former CEO of Google and one of the largest stakeholders in parent company Alphabet, will step down from Alphabet’s board in June.
Alphabet’s directors were sued by shareholders for approving a $90-million exit payment to Andy Rubin, the creator of the Android mobile software, while helping cover up his alleged misconduct.
Google CEO Sundar Pichai told employees at a meeting that plans to re-enter China with a search engine are “exploratory” and in “early stages”, addressing a topic that has exploded with controversy.