Google CEO Sundar Pichai Becomes Focus of Regulators as Founders Step Down

Reuters reports that this week, Google co-founders Larry Page and Sergey Brin stepped down from their roles as the CEO and President of Googles parent company, Alphabet.

Google received criticism in recent years after Page failed to appear at a Senate hearing in Washington, the departure of Alphabets Executive Chairman Eric Schmidt also damaged the companys relationship with D.C.

Alphabet shareholder King Lip, the chief investment strategist at Baker Avenue Asset Management in San Francisco, commented that the Alphabet was going through a transformation and facing new challenges such as regulatory scrutiny and political attacks.

With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, its the natural time to simplify our management structure.

He will be the executive responsible and accountable for leading Google, and managing Alphabets investment in our portfolio of Other Bets.

Original article
Author: Lucasnolan

From breaking news and entertainment to sports and politics, get the full story with all the live commentary.

Lucasnolan has recently written 11 articles on similar topics including :
  1. "A recent study published by the Pew Research Center states that the majority of Americans surveyed believe that social media firms wield too much power in the world of politics. 72 percent of Americans believe companies like Facebook, Google, and Twitter are too powerful, including 63 percent of Democrats". (July 23, 2020)
  2. "Google has promised to change the default settings on its services to store less user browser history and location data on its servers. The default setting will only apply to new users existing users will need to change the settings themselves". (June 25, 2020)
  3. "Google announced on Sunday that it will be donating $1 million to help San Francisco Bay Area families affected by the Wuhan coronavirus pandemic, the company's CEO Sundar Pichai will also donate another $1 million. Twitter CEO Jack Dorsey announced he would devote $1 billion of his personal fortune to fight the Chinese virus around the world". (April 13, 2020)
  4. "Google-affiliated company Sidewalk Labs has reportedly abandoned its plan to build a high-tech "smart town" on Toronto's waterfront due to "unprecedented economic uncertainty." The project had already faced controversy around the tech giant's data collection plans, with the Canadian Civil Liberties Association called it a "data surveillance test bed". (May 8, 2020)
  5. "Google has claimed that its Chinese virus contact tracing technology would not track users' locations, but in order for the tech to work on Google's Android smartphones, users must turn on the devices' location tracking enabling Google to track them". (July 21, 2020)
  6. "Google Translate, the tech giant's translation app, listed "a police officer" as the primary definition of "demon." The secondary definition of demon, according to the Masters of the Universe in Silicon Valley, is "an evil spirit or devil." The web giant removed the definitions altogether after Breitbart News requested comment on the company's strange definition". (July 28, 2020)
  7. "Vice President Mike Pence appeared with Breitbart News Editor-in-Chief Alex Marlow on SiriusXM's Breitbart News Daily today to discuss how the Silicon Valley Masters of the Universe are censoring conservative voices online". (August 4, 2020)
  8. "A recent report from theWall Street Journal alleges that the Chinese-owned social media app TikTok circumvented a privacy safeguard in Google's Android operating system to collect user data". (August 12, 2020)
  9. "Tech giant Google is under fire after it revealed that it blocked some Australian news sites from search results as part of an "experiment." Critics call it a"chilling illustration" of Google's stranglehold over internet search". (January 14, 2021)
  10. "Australia's plans to force Google and Facebook to compensate publishers for access to news content has received bipartisan support across the political aisle". (February 16, 2021)
  11. "Tech giant Google has promised to block certain autocomplete search suggestions ahead of the November election in an effort to fight "misinformation". (September 11, 2020)
Posted on  , , , , ,