Google’s stock spikes 6% on news of Alphabet

What. The. Heck? Today Google unveiled a massive reorganization project, introducing a new umbrella company — Alphabet — which will include a number of entities, among them: Google, Google Ventures, Calico, Nest, Google X, and Fiber. Phew. Following the change, Sundar Pichai will become Google’s new CEO, following his appointment to “Product Chief” last year. It isn’t […]...