Google forms a new holding company, 'Alphabet'

SAN FRANCISCO (AP) -- Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some -- like building self-driving cars and researching ways to prolong human life -- that are known more for their ambition than for turning an immediate profit. The new company will be called "Alphabet," Google CEO and co-founder Larry Page announced Monday. Page said he'll be CEO of the new holding company, while longtime Google executive Su...