Home / NewTech / Google co-founders Larry Page and Sergey Brin have shared the Alphabet baton technology news (Firstpost)

Google co-founders Larry Page and Sergey Brin have shared the Alphabet baton technology news (Firstpost)

Larry Page and Sergey Brin, the Stanford graduates who founded Google over two decades ago, are stepping down from their leadership positions at Google's parent company Alphabet, they announced Tuesday.

Sundar Pichai, Google's CEO, becomes the boss of Google and Alphabet.

The move is the end of an era for Google. Page and Brin have embodied the company since its inception and are two of the most influential figures in the technology industry on par with the founders of Apple and Microsoft, Steve Jobs and Bill Gates.

  Google co-founders Larry Page and Sergey Brin passed the alphabet on

Larry Page and Google's co-founder Larry Page and Sergey Brin show in New York on September 23, 2008, the new G1 phone with Google's Android software. Image: Reuters

Your Early Work on The Google Search Engine helped correct an undue cloud of information on the World Wide Web. And her ideas on how to run an Internet business – such as offering generous perks to employees, such as free shuttle buses to the office, and making it easy for ordinary employees to be involved in the business – have become Silicon Valley's standard. [19659004] Page and Brin took less of a role in their day-to-day business in 2015, when they turned Google Alphabet into a holding company that owns the self-driving car company Waymo.

Since then, they have spent more Pichai led Google and its vast search and advertising business. The business has grown and Alphabet is one of the most valuable companies in the world. However, the Internet giant, with antitrust control, employee strikes and growing public skepticism about its power, enters one of the most turbulent periods in its history. [19659004] Page and Brin, both 46 years old, remain board members of Alphabet and the company's two largest individual shareholders. They retain the majority of the voting shares of the company, giving them effective control over the board and a say in the future of the company.

"If the company were a person in 2019 today, it would be a young adult of 21 and it's time to leave the neighborhood," the founders wrote in a public letter on Tuesday. "Although it has been a great privilege to be involved in the daily management of the company for so long, we believe it is time to take on the role of proud parents – offering advice and love, but not daily nagging!"

The move confirms the rise of Pichai, 47, as one of the most powerful people in technology. While managing Google's core business for four years, he still contacted Page, the managing director of Alphabet, and Brin, his president.

Now he is the sole managing director of a company that has huge companies looking for. Advertising, maps, smartphone software and online video, and a variety of far-field bets such as drone deliveries and balloons with Internet rays.

In recent years, Page and Brin seemed to have lost interest in running the business they founded. With the conversion into a holding company this should be partially corrected. While Pichai took charge of Google's often messy business, Page and Brin focused on practical science projects.

Brin relocated his desk to X for some time, the so-called Moon Shot Laboratory, where engineers were working on projects that involved it, had probably failed – but had great potential if they did not. Page was rarely on Google's campus, working on technical issues and personal side projects such as his flying startup, Kitty Hawk.

  Larry Page, former CEO of Alphabet, speaks during a meeting of technology industry leaders at President Select Donald Trump's offices at Trump Tower in Manhattan, December 14, 2016. (By Kevin Hagen, © 2019 The New York Times) [19659016] Larry Page, former CEO of Alphabet, speaks during a meeting of technology industry executives at the offices of elected President Donald Trump at the Trump Tower in Manhattan, December 14, 2016. (By Kevin Hagen © 2019 The New York Times) [19659008] They have largely disappeared from the public, at least as company representatives. Page did not talk about Alphabet's quarterly profits, but last year, like other tech executives, appeared as a congressional testimonial or participated in interviews with journalists. </p>
<p>  One of the few written comments by Brin to journalists in recent years came in San Francisco International Airport, as he protested against the immigration policies of President Donald Trump. He told reporters that he was present as a private person. </p>
<p>  While Page and Brin had regularly attended weekly staff meetings in Google's early years, they barely appeared last year. </p>
<p>  One of Page's last appearances at the corporate meeting last year was when he apologized to the staff for handling the departure of Andy Rubin, a former senior executive who received a $ 90 million payout after the company found that sexual harassment claims against him were credible. Page surprised investors and employees in June when he did not attend Alphabet's shareholder meeting. </p>
<p>  In recent years, Page and Brin's working freewheeling culture has been in trouble. Employees publicly protested the company's handling of complaints about sexual harassment of executives, the treatment of contract workers, and cooperation with the Department of Defense, the federal border authorities, and the Chinese government. </p>
<p>  The quietly pronounced Pichai refused to face the protests head-on, but he quietly quelled rioting from the staff. Google has stopped the weekly business meetings and set restrictions on what employees in message boards can discuss. </p>
<p>  "Some had seriously hoped that Sergey and Larry would intervene in Google and fix it," Google's Walkout for Real Change, the organizer behind last year's employee strike, wrote on Twitter. "Instead of correcting the sinking ship, they jumped the ship." </p>
<p>  Although Google's work is more and more similar to working with other large companies, Page and Brin's interests and styles – such as focusing on passion projects and mathematical jokes – have become part of Silicon Valley's iconography. </p>
<p>  While other tech titans, such as Jobs and Gates, were known for their sometimes bold and odd leadership style, Page and Brin were cautious and cerebral. But not always. Brin was excited about a corporate event that featured one of the company's most disappointing products: the wearable Google Glass device. He was often spotted to work with an elliptical bike. </p>
<p>  This idiosyncratic style, this "googliness", was recommended by managers to look at applicants. </p>
<p>  Page is the son of academics from Michigan, while Brin's family emigrated as a child from the Soviet Union to Maryland and sees himself as a refugee. They met in Stanford, where in 1996 they invented the invention that Google produced. Page was the visionary, while Brin, a child prodigy of mathematics, was in charge of the technique. </p>
<p>  "Sergey said," Is that the best way to solve this problem? "Larry always said," Is that the right problem to solve? said Michael Jones, a co-founder of Google Earth, who has worked for the company for 11 years, often working closely with the couple. "They are different and together they form a whole person." </p>
<p>  Page and Brin retain their share of voting rights This is due to a stock structure in which one class of shares has far more voting rights than the other, holding approximately 84% of these voting shares, with Page and Brin Pichai, the </p>
<div id=  Sergey Brin wears Google Glass during the Corporate Conference in San Francisco on June 27, 2012. (Contributed by Kevin Hagen © 2019 The New York Times)

Sergey Brin wears Google Glass during the corporate conference in San Francisco on June 27, 2012. (By Kevin Hagen © 2019, The New York Times)

by: Dad gives you the S but Dad still owns the company, "said Jones, the former Google manager.

Page and Brin are among the few tech start-up founders who've broken away from their day-to-day responsibilities in the business they've founded, making them billionaires. The same thing happened to Gates when he transferred Steve Ballmer to the position of chief executive at Microsoft in 2000 during his company's longstanding antitrust battle with the Ministry of Justice.

While Google is now preparing for its own antitrust battle and investigating its power There are notable differences with Microsoft in Congress, the Department of Justice, and nearly all states.

When Ballmer took over the management there in 2000, it was just established that the company had repeatedly violated national antitrust laws by the Ministry of Justice in a seminal case. Pichai is still not sure what the regulators and lawmakers expect him to do. The review covers Google's dominant Internet search engine and its competition with smaller competitors in the digital advertising space.

"Google still needs to determine what antitrust law is," said David Readerman, a longtime technology analyst and portfolio manager at Endurance Capital Partners. "But that's a clear and present risk."

In their letter from Tuesday, Page and Brin said they would remain committed to the company for the long term and continue to actively participate as board members, shareholders and co-founders. In addition, we plan to engage in regular discussions with Sundar, especially on topics for which we have a passion! "

Whatever they decide, they will not have any problems financing it. According to Forbes, Page has a value of approximately $ 58.9 billion and Brin approximately $ 56.8 billion.

Jack Nicas and Daisuke Wakabayashi c.2019 The New York Times Company

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