Alphabet Chief Executive Larry Page said on Thursday the holding company structure for search unit Google and a host of new businesses is working well.
As the two-year anniversary of Alphabet's corporate restructuring approaches, Page said the new model has empowered entrepreneurs at the Mountain View-based tech company.
"The new structure has helped entrepreneurs build and run companies with the autonomy and speed they need," he wrote in a letter published ahead of the company's earnings on Thursday. (Reporting by Julia Love; Editing by Richard Chang)
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Updated Date: Apr 27, 2017 23:15 PM