久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Google co-founders step aside as Pichai takes helm of parent Alphabet

Updated: 2019-12-04 08:55
Share
Share - WeChat
Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. [Photo/VCG]

SAN FRANCISCO - Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago.

"While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it's time to assume the role of proud parents — offering advice and love, but not daily nagging!" Page and Brin wrote in a blog https://bit.ly/2sA9tGb post on Tuesday.

Page, Brin and Pichai have all shared an emphasis on developing artificial intelligence software to make web searching and other tasks faster, while long-time product leader Pichai has increased efforts to make such technology available globally.

But the vision faces unprecedented scrutiny, with governments on five continents demanding better safeguards, less anticompetitive conduct and more taxes from the world's largest online advertising company. Thousands of employees have protested, and some have even resigned, over ongoing uncertainty over why the "don't be evil" dogma famous to Google - and once embraced by Page and Brin - appears to be cracking.

Larry Page (L) and Sergey Brin, co-founders of Google, show the new G1 phone running Google's Android software in New York, Sept 23, 2008. [Photo/Agencies]

Streamlining management could help Alphabet better respond to the challenges and focus on growing profits, investors said.

"This signals a shift away from the more fringy efforts – like Project Loon – and more towards a company focused on technology that makes money," said Kim Caughey Forrest, chief investment officer at Bokeh Capital Partners, referring to Alphabet's internet-by-balloons business.

Alphabet, which owns more than a dozen companies including self-driving car technology business Waymo and health care software company Verily, emerged in 2015 as part of a restructuring of Google.

Page, who is known for having big expectations and strong thoughts on technological details, had wanted to focus on developing those newer businesses, which collectively lose money. He left Alphabet's biggest and most profitable unit, Google, to the similarly soft-spoken Pichai, who heavily delegates to direct reports to manage various product lines.

Brin had stayed on as Alphabet's president, spending some time on robotics and other research projects.

But Page and Brin, once regular sights at public events and at Google headquarters, are now seen much less often. The pair of 46-year-olds' retreat into the background, particularly for Page as CEO, had drawn criticism in the last two years from employees and US lawmakers that demanded answers from him rather than Pichai about controversial company projects such as an experimental search app for Chinese users.

Meanwhile, Page's oversight job has largely fallen to Alphabet Chief Financial Officer Ruth Porat for the startup businesses and Alphabet Chief Legal Officer David Drummond for the company's two big investment funds.

Page and Brin will remain directors, but will cede their CEO and president titles, respectively, immediately, Alphabet said.

The president role will not be filled, the company said, describing the changes as long discussed.

Page's voice has been impaired for years because of a chronic condition, but his health did not play a role in the decision to step aside, Alphabet said.

"With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it's the natural time to simplify our management structure," the co-founders said. "We are deeply committed to Google and Alphabet for the long term."

While publicly stepping back, the co-founders still control more than 51 percent of shares. As of April, Page held 26.1 percent of Alphabet's total voting power, Brin 25.25 percent and Pichai less than 1 percent.

Alphabet shares rose 0.64 percent following the after-hours announcement to $1,303.

The company had used the separation between Page's and Pichai's roles to defend its limited financial disclosures about YouTube and other businesses owned by Google when the practice was questioned by US securities regulators in 2017.

It contended that publicly reported financial results were in line with what Page reviewed as Alphabet CEO. Regulators did not take further action, but the company's stance has frustrated investors looking to deeply evaluate the company's performance.

Alphabet declined to comment on whether public financial reporting would change with Pichai assuming both CEO positions.

Pichai, 47, who has spent 15 years at Google, rose to prominence while leading development of Google's Chrome browser.

He later led product development and engineering across all of Google's services for a year before gaining the CEO title and adding with it oversight of Google's advertising and cloud computing business.

Page and Brin are active in other ventures. Page's funding kickstarted a company attempting to develop flying cars, and Brin at a conference last year discussed a budding interest in cryptocurrency.

Reuters

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲一级毛片免费观看 | 欧美亚洲一区 | 最新欧美精品一区二区三区 | 222aaa天堂 | 国产精品免费aⅴ片在线观看 | 成人做爰视频www视频 | 午夜三级网 | 欧美精品xxx | 一级毛片免费视频观看 | 免费一级成人免费观看 | 在线a亚洲视频播放在线观看 | 日韩毛片欧美一级a | 国产三级成人 | aaaaaa级特色特黄的毛片 | 日韩一级生活片 | 特级一级毛片视频免费观看 | 自拍理论片| 久久久久久毛片免费观看 | 国产成人3p视频免费观看 | 午夜日b视频 | 天堂8资源在线官网资源 | 日本久久不射 | dy888午夜国产午夜精品 | 国产成人精品日本亚洲专区6 | 精品欧美一区视频在线观看 | 久久精品成人 | 国产成人免费在线 | 日本午夜vr影院新入口 | 亚洲国产高清一区二区三区 | 黄色三级网址 | 最新怡红院全部视频在线 | 欧美一区二区三区高清视频 | 一男一女的一级毛片 | 久久机热综合久久国产 | 18视频免费网站 | 欧美日本在线视频 | 一区二区三区 亚洲区 | 午夜大片免费男女爽爽影院久久 | 国产成人一区二区三区精品久久 | 在线はじめてのおるすばん | 久草手机在线观看 |