Google just dropped a bombshell announcement that the operating structure of the company is getting seriously shaken up. To start, co-founder Larry Page broke the news of Alphabet: a new holding company which Google will operate under moving forward. Page will operate as the CEO with Sergey Brin as President effective immediately.
Google’s co-founder Larry Page partook in a wide-ranging interview with the Financial Times, published Friday. Among other topics, he talks about Google’s oppository approach to business compared to Apple — epitomized by a story about Steve Jobs.
“He would always tell me, You’re doing too much stuff,” Page says. “I’d be like, You’re not doing enough stuff.”
Facebook CEO Mark Zuckerberg has replaced Tim Cook as the highest-rated CEO in tech, according to employee approval ratings on Glassdoor. Cook’s 97% approval rating from 2012 has dropped down to 93%, which takes him from first position all the way down to 18th. Zuckerberg now has an impressive 99% approval rating.