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Alphabet joins the trillion-dollar club

The Next Web Friday, 17 January 2020
Alphabet joins the trillion-dollar clubAt last: Google‘s parent company, Alphabet, is now the fourth company in the US to attain a market value of more than $1 trillion, after Apple, Amazon, and Microsoft. The company achieved this milestone just over a month after Google founders Larry Page and Sergey Brin stepped down from their respective CEO and President positions at Alphabet (founded in 2015), and handed the reins over to Google CEO Sundar Pichai last December (making him CEO of both Google and Alphabet). [Read: Pichai is a mistake] The holding company includes several businesses, including Google, Sidewalk Labs (which focuses on smart city tech),…

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News video: Alphabet Hits Market Cap Milestone of $1 Trillion

Alphabet Hits Market Cap Milestone of $1 Trillion 00:56

Alphabet Hits Market Cap Milestone of $1 Trillion Google's parent company is the fourth U.S. business to reach the plateau. It joins Apple and Amazon, who both hit the mark in 2018. In April 2019, Microsoft joined the trillion-dollar club. The news comes following a few major changes at the company's...

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