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August 11, 2015, 2:05 PM
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Larry Page / Google:
Google creates holding company called Alphabet with Larry Page as CEO; Sundar Pichai now CEO of Google, other subsidiaries will have own CEOs  —  Google Announces Plans for New Operating Structure  —  G is for Google.  —  As Sergey and I wrote in the original founders letter 11 years ago, “Google is not a conventional company.
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Tweets: @narendramodi, @alphabet, @sundarpichai, @hunterwalk, @pkafka, @sundarpichai, @satyanadella, @tim_cook, @hblodget, @dannysullivan, @reckless, @jessicalessin, @naval, @sal19, @shiraovide, @aiphabetinc, @thegurbs, @mattcutts, @sacca, @laur_katz, @chen_liyan, @stripe, @msquinn, @ryan, @amir, @smashdawg and @nycsouthpaw
Steven Levy / Backchannel:
Buried in the Wordplay: Life Sciences Graduates From Google X  —  Buried in the Alphabet announcement was a significant piece of news: one of the new portfolio companies in Larry Page's Scrabble game is Life Sciences.  Until yesterday, the medical research operation had been one of the major …
Danny Sullivan / Marketing Land:
Alphabet holds Calico, Fiber, Google, Google Ventures, Google Capital, Google X, Life Sciences, Nest; Google contains YouTube, Android, search, ads, maps, apps
Jordan Novet / VentureBeat:
Source: StumbleUpon to lay off about 70 of its 100 employees this week after failing to raise new round  —  StumbleUpon lays off dozens after failing to raise new round, source says  —  Content discovery company StumbleUpon was unable to secure additional venture capital funding …
Biz Carson / Business Insider:
Zirtual, a virtual assistant startup that raised $5.5M, dissolved overnight and laid off its 400 employees via email with no warning  —  A startup blew up overnight and laid off its 400 employees via email with no warning  —  In the middle of the night, a startup that had raised $5.5 million dissolved and disappeared.
Zac Hall / 9to5Mac:
CurrentC-backer Rite Aid to reverse its stance, start accepting Apple Pay, as well as Google Wallet and Android Pay  —  CurrentC backer Rite Aid will soon start accepting Apple Pay after initially blocking it  —  [Update: Statement from CVS below the fold...]
Eriq Gardner / Hollywood Reporter:
Google, Yahoo, Facebook, Twitter, and Tumblr ask to file amicus brief in movie studio suit against MovieTube, which seeks broad site-blocking SOPA-like power  —  Tech Giants to Hollywood: Stop Trying to Resurrect SOPA  —  Google, Yahoo, Facebook, Twitter and Tumblr file a brief with the MPAA …
See also Mediagazer
Dan Primack / Fortune:
E-commerce startup Jet.com to seek $2B valuation in Series B next month  —  E-commerce startup Jet.com to seek $2 billion valuation  —  Jet, the online e-commerce startup led by Diapers.com co-founder Marc Lore, is preparing to speak with prospective investors on a new Series B funding round …
Brett Howse / AnandTech:
Lenovo announces laptops with new mobile Xeon processors starting at $1599, available Q4 2015  —  Lenovo Launches New P50 And P70 Mobile Workstations With First Mobile Xeon Chips  —  Today at the SIGGRAPH 2015 Conference and Exhibition, Lenovo unveiled some new mobile workstations.

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From Mediagazer

Wall Street Journal:
Sources: the DOJ closed an investigation of Paramount's bid for WBD before career staffers who were concerned about the acquisition had an opportunity to object

Todd Spangler / Variety:
Netflix expands its iHeartMedia partnership to stream video episodes of podcasts from Martha Stewart and others; the episodes will no longer be on YouTube

Kerry Flynn / Axios:
Substack hires former Roku exec Dan Robbins as its first head of brand sponsorships, and launches Creator Kits for publishers interested in brand collaborations

More News

Earlier Picks

Mark Gurman / 9to5Mac:
Sources explain how Force Touch on iPhone 6S will be different from Watch or MacBook, and they say it will work with the upcoming 12.9" iPad stylus
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