Google parent business Alphabet has moved its Jigsaw technology incubator under Google management, The Information reports It’s the very first previous Alphabet business to be moved under Google given that Sergey Brin and Larry Page stepped down from their management functions in December. Since the two were behind the development of Alphabet in 2015, The Details recommends it may be an indication that Alphabet has outlived its effectiveness as a holding business.
Previously called Google Ideas, Jigsaw was concentrated on online security issues like harassment and false information. When the company changed the name from Google Ideas to Jigsaw and refocused it from being a web and policy believe tank to a tech incubator, previous Google CEO Eric Schmidt wrote that it would “take on the most difficult geopolitical obstacles, from countering violent extremism to warding off online censorship to alleviating the risks connected with digital attacks.” Recently, Jigsaw unveiled its brand-new Assembler tool, which is targeted at assisting journalists more easily find deepfakes and doctored images.
Jigsaw CEO Jared Cohen is still with the company, which will continue to exist as an independent entity under Google. While Google verified that Jigsaw was formally under Google, it would not talk about the future of Alphabet, The Details reported.
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Two other previous Alphabet business have actually been returned under Google’s umbrella in the past 2 years: house smart device business Nest rejoined Google in 2018 after three years as an Alphabet subsidiary, and cybersecurity firm Chronicle was folded back into Google last year
Jigsaw was classified under “other bets” in Alphabet revenues statements, which likewise consists of self-governing car department Waymo and AI business DeepMind Technologies. The income for the “other bets” section was $172 million in Alphabet’s 4th quarter incomes report on February 3rd, which is just 1 percent of overall profits for the quarter.
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