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You may or may not have heard the news that Google is creating a new parent company, Alphabet Inc.
Larry Page, founder of Google, said the move would help to create a more straightforward structure for their now diverse group of businesses. He will also move to become CEO of Alphabet, with his position at Google being taken over by Sundar Pichai, the current senior vice president.
A somewhat strange outcome from this change is the site’s address, which will be https://abc.xyz.
To read more about the full story, see these articles from the Guardian and BBC News