Google has announced on Tuesday morning that it would be restructuring it's core business from Google Inc. to Alphabet Inc. What does this all mean? Simply put, Google is become a wholly-owned subsidiary of Alphabet (the parent company) alongside other companies such as Nest and Calico.
What does this mean for you?
Don't worry, the engine you know and love will still be around, but it'll be slimmer and smaller and back to basics. Google won't disappear completely from the face of the earth but it'll just become a child company for Alphabet.
Who would have imagined that a large company like Google will become a subsidiary of another company. Well, it just did. Welcome, Alphabet.