This year, Google's co-founders, Larry Page and Sergey Brin, created an American multinational conglomerate as the parent company for Google and all of its companies tied to it, simply calling it Alphabet. The reorganization took place at the beginning of October, and investors will finally get to see how good Alphabet actually is, as Google will post its fourth-quarter earnings report. For those that want to see it for themselves, here is how to live stream the big event and watch online.
As mentioned before, this fourth quarter earnings report will be big, and not because of the numbers in the earnings. This is the first time where Google will disclose the costs and income of the collection of projects outside of Google's core business, according to The New York Times. In other words, investors will finally get to see how lucrative Alphabet actually is.
Google's own Larry Page is the chief executive of Alphabet, and the purpose is to make the company "cleaner and more accountable". In a letter to investors, Page wrote: "In general, our model is to have a strong C.E.O. who runs each business, with Sergey and me in service to them as needed." Page and Sergey Brin are responsible for picking the chief executives at Alphabet, and then monitor their progress as well as determine their pay.
There are several positions at Alphabet that are open to new ideas, and a lot of time is spent looking into new technologies. Page has said in the aforementioned investor letter that "Sergey and I are seriously in the business of starting new things". The lists of Alphabet projects are numerous, as what is separated under Alphabet are individually worth a few millions, and in some cases, billions, such as:
- Google, which includes the search, advertising, maps part, as well as YouTube and Android.
- Calico, an anti-aging biotech company
- Fiber, high-speed Internet service in a number of American cities
- Sidewalk, a company focused on smart cities
- Investment arms, such as Google Ventures and Google Capital
- Nest, a maker of Internet-connected devices for the home
- Incubator projects, such as Google X, which is developing self-driving cars and delivery drones
If you want to find out more about Alphabet, it is as easy as ABC because the URL is literally https://abc.xyz/ (xyz is one of the domains at the highest level in the Internet's Domain Name System). There is very little information on the Alphabet site itself, except a letter from Larry Page and a link to "Investors" which has some information about the date of the Fourth Quarter 2015 Financial Results Conference.
The time for the conference will be 1:30 PM Pacific Time (4:30 PM Eastern Time) on Monday, February 1st, and there will be a live webcast that can be accessed here. It is advised to visit the Investor Relations website at investor.google.com on that day to view the earnings before the conference call.