Alphabet Inc is the holding company behind Google and its products such as Access , Calico and Waymo . The Google sector of the company engages in advertising , sale of digital content , applications and cloud products , as well as sale of hardware . Alphabet is also involved in what it simply calls “ other bets ” including the sale of internet and TV services though Google Fiber , Nest products and services , and licensing and R & D services through Verily . Google ’ s founders stated from the outset they wanted to “ make smaller bets in areas that might seem very speculative …” and Alphabet recognises the need to “ be a bit uncomfortable to stay relevant ”. As a whole , Alphabet employs 72,050 people and its most recent revenue is $ 99.3bn according to the Financial Times . It became incorporated in 2015 and bases itself in California , with an impressive $ 167.5bn worth of assets . It comes just behind tech rival Apple with a market value of $ 579.5bn .

32 November 2017