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Google formally becomes Alphabet, on the inside

2015-10-05 08:59:00| Telecompaper Headlines

(Telecompaper) Google's reinvention as tech holding company Alphabet, announced in August, legally took place on 2 October, with the company telling the Financial Times that the legal formalit will have no immediate outward effects. When the stock market opens on 5 October, the old Google will have been replaced by the new Alphabet, though its two classes of publicly traded shares will continue under their old ticker symbols, GOOG and GOOGL. The company said that, now the new legal form was in place, it would start to carve out its different divisions into wholly owned subsidiaries, including the Google internet business, the source of almost all its income. These include "smart city" venture Sidewalk Labs; "smart home" company Nest; biotech arm Calico; and Google Life Sciences. Google Ventures, Google Capital and the Google X research labs will also become subsidiaries.

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Transit union ad shows de Blasio hopping the turnstile

2015-10-05 07:37:21| Railroads - Topix.net

The ad from Transport Workers Union Local 100 - its third in a month - that appears in the Daily News on Monday tells de Blasio to "Stop farebeating New York City's working families." The "farebeating" refers to calls from the TWU - as well as from Gov. Cuomo and the Metropolitan Transportation Authority - for de Blasio to put in $3.2 billion for transit repair needs.

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Oxea names Specialty Chemical Sales as Distributor for Oxfilm 351 Coalescing Agent in the U.S.

2015-10-05 07:00:00| Coatings World Breaking News

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O'Leary: I'll campaign to keep Britain in the EU

2015-10-05 05:37:33| Airlines - Topix.net

Ryanair's Michael O'Leary has said it is in both Britain's and Ireland's interest for the United Kingdom to vote against leaving the European Union in the forthcoming referendum Ryanair boss Michael O'Leary will take a leading role in the campaign to keep Britain in the EU. Despite being an outspoken critic of Brussels in the past, Mr O'Leary said all businesses should take part in the campaign.

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Daimler tests first self-driving truck on the Autobahn

2015-10-05 03:58:30| Automakers - Topix.net

Daimler has received a permit allowing it to test the first Mercedes-Benz automated truck on the Autobahn in Germany on Friday. We've been hearing about self-driving cars for quite a while now, and many of the world's major technology companies are all stepping up with prototypes that will change the way we drive for good.

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