CURRENT AFFAIRS

Detailed explanation-1: -Google will become a wholly-owned subsidiary of Alphabet. Our two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.

Detailed explanation-2: -Alphabet, Google’s parent company, is a tech giant with a $1.7 trillion market cap. While Google is the flagship subsidiary, Alphabet has grown through a series of key acquisitions across the domains of hardware and software.

Detailed explanation-3: -Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.

Detailed explanation-4: -Google, in full Google LLC formerly Google Inc. (1998–2017), American search engine company, founded in 1998 by Sergey Brin and Larry Page, that is a subsidiary of the holding company Alphabet Inc.