Larry Page, former CEO of Google, just announced a new restructure of Google Inc., to stay under a new company, Alphabet Inc., that will not do only Internet of Things but more kinds of products and services.
Alphabet is using the domain of http://abc.xyz that would already give us a sign what they are going to do.
Alphabet will operate by Larry Page as CEO and Sergey as president, and promoted Sundar Pichai, an Indian origin, as a new Google CEO to run various products such as Google search, Android, Chrome, YouTube etc.
The structures of Alphabet runs with following subsidiaries: Google, Calico (Fight age-released disease), Google Capital, Nest (Smart home), Google X, Fiber (Provide super fast Internet).
Welcome to Alphabet.
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Source: abc.xyz, CNN, BusinessInsider