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Google's India-born Chief Executive Officer Sundar Pichai will assume the leadership role at its parent firm Alphabet after the internet giant's co-founders Larry Page and Sergey Brin stepped down from its active management, making him one of the most powerful corporate leaders of the world. Page and Brin are stepping down as CEO and president, respectively, of Alphabet, the company announced on Tuesday. Pichai, 47, the current CEO of Google and a longtime executive at the company, will take over as CEO of Alphabet in addition to his current role. Considered as a significant shakeup in the Silicon Valley company, the shuffle comes at a time when Google is facing mounting scrutiny over its size, data privacy practices and potential impact on society. With Alphabet now well-esta...

AFP- Google's parent company Alphabet on Thursday announced that Eric Schmidt will step down as chairman, remaining on the board but shifting into a role as a technical advisor. "In recent years, I've been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work," Schmidt said in a release. After ten years as CEO and seven as Executive Chairman, I can’t wait to dive into the latest in science, technology, and philanthropy. I look forward to working with Larry and Sergey on our future here at Alphabet. https://t.co/nVnZqMEHoI— Eric Schmidt (@ericschmidt) December 21, 2017 Schmidt's stint as executive chairman is to end at a regularly-scheduled board meeting next month, according to Alphabet. Google founders Larry Page ...

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Larry Page, Sergey Brin step down; Sundar Pichai promoted as Alphabet CEO

BREAKING: Eric Schmidt Stepping Down as Chairman of Alphabet