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When the company changed names to Overture Services, it sued Google over alleged infringements of the company's pay-per-click and bidding patents. The complex became known as the Googleplex, a play on the word googolplex, the number one followed by a googol zeroes.
Google's initial public offering (IPO) took place five years later on August 19, 2004.The company leads the development of the Android mobile operating system, the Google Chrome web browser and Chrome OS, a lightweight operating system based around the Chrome browser.Google has moved increasingly into hardware; from 2010 to 2015, it partnered with major electronics manufacturers in the production of its Nexus devices, While conventional search engines ranked results by counting how many times the search terms appeared on the page, the two theorized about a better system that analyzed the relationships between websites.Google is an American multinational technology company specializing in Internet-related services and products that include online advertising technologies, search, cloud computing, software, and hardware. Together, they own about 14 percent of its shares and control 56 percent of the stockholder voting power through supervoting stock.Google was founded in 1996 by Larry Page and Sergey Brin while they were Ph. They incorporated Google as a privately held company on September 4, 1998.Google, Alphabet's leading subsidiary, will continue to be the umbrella company for Alphabet's Internet interests.
Upon completion of the restructure, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.
An initial public offering (IPO) took place on August 19, 2004, and Google moved to its new headquarters in Mountain View, California, nicknamed the Googleplex.
In August 2015, Google announced plans to reorganize its various interests as a conglomerate called Alphabet.
In an effort to maintain the company's unique culture, Google designated a Chief Culture Officer, who also serves as the Director of Human Resources.
The purpose of the Chief Culture Officer is to develop and maintain the culture and work on ways to keep true to the core values that the company was founded on: a flat organization with a collaborative environment.
There were concerns that Google's IPO would lead to changes in company culture.