Alphabet’s code of conduct is slightly less strict than Google’sGoogle is now Alphabet. Temporary Holding Company Number Two is now Google. And “don’t be evil” is now one step closer to being a thing of the past.
Following the corporate reshuffle at Google,the world’s largest search firm is now owned by a holding company called “Alphabet” – which, confusingly, and was temporarily a subsidiary of Google but then executed a “reverse takeover” of its parent company to become the recent boss,at which point Google spun off a number of its own subsidiaries such as its life sciences subsidiary Calico and “moonshot” division X to sit under Alphabet.
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Source: theguardian.com