World News: 22:07 GMT Tuesday 3rd December 2019. [Yahoo Business News Feed via SPi World News]
Google chief executive Sundar Pichai will assume the CEO role at parent firm Alphabet in a shakeup at the top of the Silicon Valley titan, the company said Tuesday. Pichai will take over from Larry Page, a co-founder of the internet firm, at the parent company which includes Google as well as units focusing on 'other bets' in areas including self-driving cars and life sciences. Page and Google co-founder Sergey Brin 'will continue their involvement as co-founders, shareholders and members of Alphabet's board of directors,' the company said.
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