the public face of google has been its current ceo, sundar pichai.s announcement makes it absolutely clear mr paige and mr brin aren't running the company anymore. however, while the pair are a p pa re ntly anymore. however, while the pair are apparently relinquishing managing —— management duties, it won't mean giving up their ultimate power. between them they control 51% of the voting rights on alphabet‘s board. that won't change. they like their role to being proud parents of the company looking on with close interest and care. it means, should they feel the need, they can override an the decision of any decision sundar pichai makes with little more than a parental because we said so. so, what's the reaction been in india to sundar pichai becoming the most powerful indian in business? let's go live to suranajan tewari in mumbai. he is already a star. but this escalate that even further. absolutely, sally. and if the former ceos are calling themselves parents, sundar pichai is very much the child of india. he embodies the modern american dream in s

as thee sundar pichai one.: sundar pichai, running google, basically the most profitable part of alphabet. futuristic,t, the moon shot bets. that no one is really expecting to be profitable anytime soon. he was the one running the business that shareholders cared about. you have to wonder, larry page was not exactly a visible spokesperson for google the last several years, or for alphabet for that matter. he was not the face of the company the way that, say, mark zuckerberg is the face of facebook. sundar was the one you've heard on the conference calls, really drilling the message. he became ceo in 2015 and the response was initially positive. shares have basically doubled since he has been at the helm. stockfter hours, the picking up just a little bit. pretty marginal move. the reason it will be marginalized because he has been running the core business. nonetheless, a little bit of an uptick. maybe the simplification of the management structure. expectation of more cost discipline. course, may be some expect

is sundar pichai ready and able to do that?listair: i think he is from a technology point of view. if someone asks sundar pichai a super complicated question about what data google uses, how is it protected, he will know all of that stuff. he was partly behind building all of that stuff. technically, he is great. on the showing up for congressional hearings, that is not something he really loves to do. he's quite a quiet and thoughtful person. i don't think he enjoys being asked things live one the whole world is watching in a sort of contentious situation. but, he certainly can do it. when you compare it to larry page, really does not want to do any of that stuff, that is really the comparison to make. earlier this year, as scrutiny ramped up on google, larry page, everyone said, this decision today addresses that, larry does not have to be there anymore. taylor: what could be some of the challenges now, being on the board and still controlling most of the shares? jean: the obvious challenge is one that we have covered around

sundar pichai is from tamil nadu in india.bout this rising star in the corporate world. he is 110w star in the corporate world. he is now probably one of the most powerful indian businessmen in the corporate world. that's right, rico. he really embodies the modern american dream for many indians. busily many indians working in the it sector, in technology. he is someone it sector, in technology. he is someone who studied here in india at the indian institute of technology. a widely reputed institution and then went to america and rose up the ranks. he is widely credited with creating google chrome, something many indians are familiar with. now he is leading one of the biggest technology companies if not the biggest technology company in the world. sundar pichai also has deep roots in india. it comes back to visit. he was here earlier in the year to celebrate women's day. that is because he really promotes women working in technology and helping girls code, for example, in order to get them into the market. it is widely expecte

google cofounder larry page and sergey brin are hanng over the reins to engineer turned manager sundar pichaiai has been overseeing the core business ase goo ceo but now as alphabet ceo is he ready to take the company int the next decade? one that is fraught with more challenges and threats than ever? regulatory battles in the u.s. and europe are brewing. eue activism on the rise. and privacy practices are under fire. now pich is relatively untested when it comes to the type of battles other big tech ceoss like facebook's mark zuckerberg and apple's tim cook have been fighting. another clalg for pichai could be actual control. while he gets the full ceo tie, larry page and sergey brinll are salphabet's biggest sharmds still retaining conttl through the mar voting power. day to day not a lot is changing pichai will run the important profitable businesses while now also overseeing the ambitious moon shot projects. on the horizon pichai has work cut out. more "nightly business report," deedra bosa, san francisco. >>> campbells rorpts soupy spaems. and that's where we begin the market focus. fewe

it's sundar pichai ready and able to do that?listair: i think he is from a technology point of view. if someone asks sundar pichai a super complicated question about what data google uses, how is it protected, he will know all of that stuff. he was partly behind building all of that stuff. technically, he is great. on the showing up for congressional hearings, that is not something he really loves to do. he's quite a quiet and thoughtful person. i don't think he enjoys being asked things live one the whole -- when the whole world is watching in a sort of contentious situation. but, he certainly can do it. when you compare it to larry page, really does not want to do any of that stuff, that is really the comparison to make. earlier this year, as scrutiny ramped up on google, larry page, everyone said, this decision today addresses that, larry does not have to be there anymore. taylor: as you take a look at the company, he is running both google and alphabet. what could be some of the challenges now with the other two being on the

google's ceo sundar pichai will now run both tech firms.tists. the decision was prompted by the artists themselves, who declared themselves a collective. they said that they wanted to make a statement of solidarity and multiplicity.

and now i think that sort of removes him at least from that and now sort of sundar pichai who is muchay-to-day, really has a command of what google is doing, is better equipped to handle that. cheryl: we're looking at photos of him now. maybe our viewers don't know the face of sundar pichai, he becomes one of the most powerful men in silicon valley. do you think that is a good or bad thing for him to have so much hold over the region? >> yeah, i mean, very good question and we'll see. generally, i think you want the person in charge to really have like that command of what they're doing and a that's what he's bringing to the foray. he has a different vision of google than, say, larry page and sergey brin. so larry page and brin did a great job. now google evolved into something else and the future of google is about a.i., making these services sort of predictive and more convenient and all the issues that go along with that. that's sort of a new thing that they're not as equipped to deal with. and pichai clearly has a vision for that. cheryl: he'll have to deal with something, and thi

how would you expect that to play out under sundar pichai as the top of the company >> he's been runningarts of this company, youtube and google everything else is just something else these are all sort of hobbies, as many people call them, whether it's the drone stuff or the internet balloons or even the android stuff, although it's critically important as part of their advertising business but in general he's already been doing that this is a culture that still even though he's been running it, this is a culture built by larry and sergey and that's why they're so outspoken that's why these employees feel a lot of agency. so the question is how do you manage that and how do you make significant changes necessary? i would argue he has made a lot of them. he was the one, sundar was the one who really did start clamping down at the sexual harassment issues inside google that were sort of i wouldn't say they ignored them, but pretty much ignored them. sundar moade moves in those areas. quietly but he did that. so the question is what is his vision for the company and will he be allowed to p

google es chief executive sundar pichai is moving up. the stock is up a little after-hours.ofounder, sergey brin putting a block post out. that is the story here. you have the founders stepping aside. they say while it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long we believe it's time to assume the role of proud parents, offering advice and love but not daily nagging. all right. the stock is up a little bit, .6 of 1% after-hours. melissa: you did that beautifully to shame me, right? connell: that is part of it. >> call them porch pirates. holidays increased deliveries and sadly more thefts. in new york, i found this unbelievable, 90,000 packages disappear every day? this is analysis from the "new york times." there you go. gabriel is the founder of pickups technology. knows a thing or two about this issue. so, this is, this a huge problem obviously right now. i was shocked by the number of packages that disappear. in new york you can't have ring or whatever that is, that will watch your front doorstep for you. s

given the career change with sundar pichai, given your exposure to tech and services companies. >> we has been a lot of confusion with changes like this, you put sundar in charge of all of the umbrella may lead to more focus. as the another guests mention, so much cash on the balance sheet. in parts of the story that are so much more valuable than the parts that make money. >> tim lesko, thank you for your thoughts >>> coming up, saudi aramco surging ahead. new big numbers coming up next spotify reveals the top streamed artist of this past decade who took home that title and other stories you'll be talking about later in the day ahead stay tune to "worldwide exchange." they changed how the world fights cancer. blocking the pd-l1 protein, lets the immune system attack, attack, attack cancer. pd-l1 transformed, revolutionized, immunotherapy. pd-l1 saved my life. saved my life. saved my life. what we do here at dana-faber, changes lives everywhere. everywhere. everywhere. everywhere. everywhere. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can f

seems like they've seen sundar pichai assuming the role as one that would lead to brighter future for company you know, also in terms of valuation, seems like that's another thing that they look at as being a net positive. >> the other element, facebook in check by the hsbc call that says 40% of market cap could be at risk. definitely some barbell strategies involving faang today. >> there are as you mention, there's that overhang, concern. facebook is already spending a ton of money on what they say is mitigating some risk, trying to protect the election cycle in the u.s. if they're reasonably successful in that, no new cambridge analytica, does the market look at the stock as being undervalued and does getting past 2020 become a lot of up side for them. let's move on and talk tesla it is day three of elon musk's defamation trial out in los angeles over his now infamous tweet. the headline making waves is one over his financially illiquid comment. henry blodget joins us at post nine and stephanie meta, getting miked up glad to have you with us henry, i'm not sure how much this cash t

google ceo sundar pichai will take over as alphabet ceo in addition to his current role. holiday ad shows husband giving a peloton bike to his wife and many people across social media saw the ad as sexist. >>> and fans of baby yoda may be disappointed this holiday season. the doll version of the men delorean serious character will not be available until next year. showrunner told entertainment tonight the delay is deliberate . releasing the twin out could spoil secrets and they were made available yesterday for preorder. that's her cbs money watch report. for more had to cbs when.com look at the new york stock exchange, i'm diane king hall. >>> let's get a check of your forecast but will get a break but not this morning. >> that rain keeps coming down for a so grab your umbrella, your rain jacket, raincoats, you will need at this morning as we are looking at a wet start to the day. let's show you this first ticket heading out the door, give yourself extra time because we are looking at light to moderate rain pushing across the bay area. first, i will show you the golden g

. >> larry page stepping down as alphabet ceo sundar pichai ceo both of google and alphabet in terms of day to day unlikely to see major changes which is why you may missouri not see a lot of change in the alphabet stock. under google umbrella pichai ran advertising cloud devices, software he has been ceo since august of 2015 since then alphabet stock has soared relative broad are market but underperformed wig tap peerings remember the split from alphabet to google. alphabet was the place where the moon shot including way missouri, self-driefgt stores internet balloons and health care projects. perhaps the question now is what happens to those money-losin initiatives? will we see more financial zmin under pichai and ruth porat from wall street mo has been known for financial dplin. as pichai steps up does he step away from those and the traditional businesses like advertising paying for them. >> deirdre bosa wove been tweeting over this news when it broke. what do you make of this, karen? >> well, i think it shouldn't be a huge change. i mean, this is a very big -- the largest positi

brinarry page and sergey step down as the head of alphabet with sundar pichai stepping over -- stepping on sco. -- as ceo. matt: good to be back. we have seen real risk off sessions. tuesday,nday and yesterday really lost a lot of ground. now, we are down right there. we turned lower as we head into trade. even though we see green arrows across equity futures, you do see investors starting to buy up again. young see a lot of movement on see futures, but you do futures up a quarter of 1% heard -- quarter of 1% and .2% on mastec s&p. s&p. the nasdaq as if theooks risk-off mood we have seen december isthrough continuing despite positivity in the futures you .2. -- point to. hong kong is the worst performer >> renewed focus -- performer. renewed focus on trade. keep an eye on your bloomberg as a result of present trump being here in earlier in the day. a focus on trade and a signing of the bill in the house which could put sanctions on chinese officials with regards to mistreatment of muslim minorities. so keep in mind what that means there'd -- means. let's talk about australian assets. ,

>>google ceo sundar pichai will become ceo of alphabet page had been serving as ceo of alphabet well britain was founders promise that they plan to stay at activists board members and shareholders. >>and for workers fired from google last week are now planning to file a federal labor complaint against the company. they claim the company retaliated against them for organizing workers around social causes. the 4 former employees say they're preparing to file unfair labor practice charges with the national labor relations board. >>the fbi is on the hunt for an american born terrorist how much the bureau is offering for information leading to the arrest of this man. >>and it's like something out of a comic book, the new device california police are testing to try to stop a suspect in his or her tracks. >>and next their home caught fire while they were on thanksgiving vacation, what this tennessee family says save their home. the vineyards. z3nyaz z1ncz y3nyay y1ncy sarah's last tuition payment, sent off. feeling good? oh yeah. now i'm ready to focus on my project. ♪ ♪ this is why we plan

coming up, alphabet in the new year with sundar pichai officially at the helm. bloomberg. ♪ taylor: this is "bloomberg technology." i'm in for emily chang. it was a shocking change at the top, stepping down from their role at the parent company alphabet in early december. a new ceo has taken over. we also have mark, who covers the company for us. ago when they announced alphabet, when the dust settled, it was obvious at pichai,nt, sundar google is 99% of the revenue for alphabet. , someone said it gives corporate structure to its reality. >> what changed for you a few hours ago? >> nothing at all. sundar has done a great job. well.ock is doing very it typically does well in on years and doesn't do as well in even years. performing, the relatively -- doing relatively well. can you imagine if you founded the company 20 years ago and you are worth over $50 billion and you are -- there is a super capable person in charge? there's a lot of other things they get to explore. i don't think anyone is surprised. other things in life to do with $50 billion. taylor: do you

google's ceo, sundar pichai, will take over their official rules. at least three people have been killed in a powerful typhoon in the philippines. the typhoon passed just south of the capital, manila. the international airport remains closed. some events at the southeast asian games, which oped on saturday, were canceled or rescheduled. officials say the evacuation of 225,000pl pprevented greater loss of life. one of the biggest names in the democratic field for president is dropping out of theace. in a twitter post-- in a tweet today, kamala harris said she is ending her campaign with what she called deep regret. the california democrat was once seen as a top-tier candidate but failed to gain traction in early polling.e c's anthony zurcher joined me earlier to break this all down. why did she decide to make this move now, and was it all about fundraising, or were there other missteps anthony: she said she did not have enough money to continue on. when it comes down to it, most candidates do drop out because of money. liey don't have the a to fund t

google‘s ceo sundar pichai will now run both tech firms. first time in its 35 year history, britain's prestigious turner prize has been awarded to all four shortlisted artists. the decision was prompted by the artists themselves, who declared themselves a collective. they said that they wanted to make a statement of solidarity and multiplicity. the 12—year—old boy killed in a hit—and—run incident outside a school in essex has been named as harley watson. he was struck near debden park high school on monday afternoon. a 51—year—old man has been arrested on suspicion of murder, as well as the attempted murder of five other people injured in the crash. our correspondent tolu adeoye reports from loughton. harley watson has been described by his family as a good, kind, helpful and lovely boy. in a statement released this evening they have said they are devastated by his death. yesterday morning harley went to debden park high school as usual, but the 12—year—old did not make it home. he was one of several students hit by a car on this road in lo

and sergei brin will step away from their roles with the parent company alphabet google's ceo sundar pichai will stay on in his role and also become ceo of alphabet page had been serving as ceo of alphabet while bryn was president of alphabet both founders promised to stay active as board members and shareholders. report a blast pga poised to failures and violations that led to the devastating camp fire in butte county in the utility is said to. >>if a state regulators again what to expect next. >>and vera same for san francisco and a disgusting cleanup job for crews. the increased effort to clear city streets of human waste. >>and just ahead a bay area boy scout troop ripped off of thousands of dollars money the scouts were using for a christmas fundraiser. we'll tell you what happens ne >>trees until friday morning. when the truck showed up. >>a troop of boy scouts in oakley scammed out of more than $5,000. it was the money that they paid upfront for christmas trees that the scouts were going to sell. it appears that money was pocketed by the person they contracted to provide the trees. >

sundar pichai who has been ceo will take the reins.continue to lead meetings, earnings calls, and congressional testimonies. google is facing increasing criticism and multiple investigations from authorities in the u.s. and europe stemming from its privacy policies. >>> ready-to-eat sushi, salads, and spring rolls are being recalled over listeria fears. the fuji food products are sold at major retailers including trader joe's, 7-eleven, and walgreens in 31 states and washington, d.c. the recalled product are packaged in plastic with most sell-by dates of november 22nd to december 6th on the labels. the problem was discovered during a routine fda inspection at a facility in massachusetts. that facility has ceased operations pending the outcome of an investigation. there have been no reported illnesses. >>> starbucks is expanding its holiday drink menu. irish cream cold brew is now available at participating locations nationwide. the festive new beverage is made with cold brew coffee and irish cream flavored syrup over ice topped with va

google's current ceo, sundar pichai, will take over the roles.ness report in about 15 minutes. china has topped the latest global report on education. the oecd survey, which is conducted every three years, found that students from china are the most proficient in reading, maths and science, followed by singapore. the report also found that education performance across the oecd member countries had stagnated over the last two decades. nasa says the wreckage of india's vikram lunar lander has been identified, three months after it crashed onto the surface of the moon. it was found thanks in part to the efforts of an amateur space enthusiast, after the us space agency released satellite images and asked people to search for it. the 33—year—old it professional spotted it after putting side—by—side comparison images on two laptops. a powerful typhoon has killed at least four people in the philippines, disrupting air travel and forcing government offices and schools to close. with winds gusting up to two hundred kilometres an hour, typhoon kammuri fell

wall street will be watching closely the performance of sundar pichai.w, writer at the atlantic, joy litman, fellow at the institute for advanced study and cnbc contributor what should we, if we were going to buy the stock, what should we be concerned with, the way they deal with the government and regulators in privacy or the way they refinealgorithms. >> this is a company under siege internally and externally. we know there are dozens and dozens of investigations in the u.s. and abroad. into issues like antitrust but also into potential labor violations and how they handled sexual harassment cases there, the board is now looking at how they have been handling sexual harassment cases i actually think the issue that we maybe need to pay a little bit more attention to is internally just how you had these, you know, two founders have essentially been absentee for about the past year or so and when you don't have your leadership on, you know, right on the premises there, leadership is absentee, your culture can really go off the rails. and i think that's a

this man here, sundar pichai, google's chief executive will become the new head of alphabet while keepingreports that singapore's cross island train line will run directly under the region's largest nature reserve rather than skirting around it. the ministry of transport says the tunnel will be dug 70 metres deep to protect the reserve. the japan times has a story about china's plans to build a national park in one of the world's last remote places. here, on western china's qinghai region, an area that's been called ‘the rooftop of the world'. now, what stories are sparking discussions online? it's actually a gadget which will be used by police in los angeles to bring down suspected criminals. it works by firing a cord which then wraps around the legs, and fastens itself in the style of a bolas. 200 officers will be trained in how to use it, before it's deployed injanuary. a lot of interest in this little gadget. a new vaccine against typhoid is being described as a "game—changer" which could prevent thousands of deaths. in pakistan, nine million children are being immunised after a major

so it is sort of been a -- not much that has changed, what has changed, though, is that ceo sundar pichai will now be the google of alphabet. >> the overall umbrella company, automated cars, project wing we were talking about -- >> all the experimental units, life sciences units, venture arm, that he wasn't on top of and overlooking, so this adds a lot to his plate and he was already, you know, facing a lot of challenges with google itself. really interesting to see how he handles it going forward. >> you called him a war time ceo. why? >> i said that google needs a war time ceo and he needs to become that. and that's because google faced alphabet as a parent company faces a ton of challenges coming up. 2020 will be very interesting. they have a number of federal probes into them. they have to face regulators. now a talking point for presidential candidates who are saying big tech is bad. they have a number of cultural issues with the employees. so they're going to -- he's going to have to contend with a whole number of issues, where as he might not have thought that when he first started

google's current ceo, sundar pichai, will take over the roles.siness report. the us house of representatives has overwhelmingly approved a bill demanding a tougher response to china's crackdown on its muslim minority. —— on its muslim minority. the uighur act of 2019 which passed by 407 votes to 1, calls on president trump to condemn abuses against muslims and calls for the closure of mass detention camps in the northwestern region of xinjiang. nasa says the wreckage of india's vikram lunar lander has been identified, three months after it crashed onto the surface of the moon. it was found thanks in part to the efforts of an amateur space enthusiast, after the us space agency released satellite images and asked people to search for it. the 33—year—old it professional spotted it after putting side—by—side comparison images on two laptops. a powerful typhoon has killed at least four people in the philippines, disrupting air travel and forcing government offices and schools to close. with winds gusting up to 200 kilometres an hour, typhoon kammuri f

heads of the internet giant parent company alphabet they will be replaced by current google chief sundar pichai google is facing growing criticism in europe and the united states over its privacy policies . a murder investigation here in berlin is now a full blown diplomatic storm between germany and russia it began with the killing of former chechen rebel commander earlier this year shot twice in the head as he walked through a park on his way to a mosque german authorities have now expelled 2 russian diplomats over the killing believing that russian intelligence may be responsible moscow denies any involvement in says it will retaliate this decision could mark a new escalation in relations between russia and western countries german chancellor angela merkel has defended the expulsion of russian diplomats after germany's federal prosecutor general said evidence points to russian state involvement in a meeting the russian president next week and then i will let you know whether i have spoken with him and how that goes and we've taken this measure as you know mainly because we have seen that rus

. >> strategically, what are the big questions that sundar pichai has to answer for google or parentthink when you think about google, they're actually a very interesting company in that there are a lot of different products on the horizon, potentially, that could be interesting. obviously, autonomous driver, there's a massive market for that and so, that's something you really need to think about when it comes to them the other thing is, you associate google with the cloud. but when you look at the cloud market if you take amazon, microsoft, and google and add them together, day do about $50 billion worth of revenue in the cloud. the problem is -- amazon is twice the problem as microsoft and amazon is eight times the size of google that's one of those other things that they'll have to really deal with, all right, how do we get bigger and stronger in that? and they're also obviously trying to do their own phones, et cetera. a lot of these businesses have lower margins. so there's going to have to be some bounce in between the two but obviously, google is one of the greatest companies

google‘s ceo sundar pichai will now run both tech firms. first time in its 35—year history, britain's prestigious turner prize has been awarded to all four shortlisted artists. the decision was prompted by the artists themselves, who declared themselves a collective. they said that they wanted to make a statement of solidarity and multiplicity. it is about 2:30am in the morning. now on bbc news: electioncast, with adam fleming. good evening all, welcome to tonight's election cast. now, we're looking for examples of where the snap election they have mucked up your life logistics. maybe you are planning a summit of nato leaders, and in the middle of it there was an election campaign instead. it doesn't have to be background. let us doesn't have to be background. let us by e—mailing us. or, you can use the hashtag and we will read out, but probably not be able to solve some of yourjust a cool problems because of the election. later on internode‘s programme will be dropping in on the of the uk look at the election in detail there it be your pat

. >> larry page stepping down as ceo of alphabet, google chief sundar pichai will take over. page cofounder president sergei brin writing in a blog post: >> never been wants to hold on to management role, alphabet and google no longer need two ceos and a president, shares slightly in the green. but not significantly, we'll bring you updates as we get them right here. and coming up, president trump threatening tariffs on france over the digital tax, how could that affect u.s. consumers? we break it town next. >> american companies, tech companies, you talk about we want to tax american companies, it is important. we want to tax them that is not for someone else to tax. step up, please. empty your pockets. looks like you're all set for that business trip. you've got your smartphone, laptop, your other smartphone... woman: is this all the devices you have? your tablet... seriously? smartwatch, your backup tablet, and... woman: anything else in your bag? ...whatever that is. (beeping) this isn't working. introducing samsung mobile workspace solutions. with the galaxy note10 with

try -- sundar pichai. larry and sergey have been receding from public view.ack ofesent a the alphabet structure, putting one person in charge. i think the streets reacting the way they did because they think to dart will bring some discipline to those far off debts. most of them pretty well but not a lot to show for the others. as we transition from the business back to the iunder, one said frankly if were worth $50 billion, i, too would just take a leave and just had an island somewhere. you have been following them. what is their story? >> actually $60 billion. and they have seen a pay bump. in the past few days after the news, shares rose 3%. that means one point $6 billion for each of the founders, larry page and sergey brin. that does not mean that much because it is all still held enough about stock. it is only going to mean money they can spend if they start selling stock, which is what we will be watching. taylor: we talk about now, he has taken over alphabet and google. what will be the biggest task as we move forward. >> probably to keep his eyes on

page and sergei brin will step away from the rolls was the parent company alphabet google ceo sundar pichairole in also become ceo of alphabet page had been serving as ceo of alphabet while bryn was president at alphabet both founders promised to stay active as board members and shareholders. i have come to one of the hardest decisions of my life. >>paris is dropping now the reason she's leaving her presidential bid behind and reacti he could've just been the middle class kid who made good. but mike bloomberg became the guy who did good. after building a business that created thousands of jobs he took charge of a city still reeling from 9/11 a three-term mayor who helped bring it back from the ashes bringing jobs and thousands of affordable housing units with it. after witnessing the terrible toll of gun violence... he helped create a movement to protect families across america. and stood up to the coal lobby and this administration to protect this planet from climate change. and now, he's taking on... him. to rebuild a country and restore faith in the dream that defines us. where the wealt

google ceo, sundar pichai will also run alphabet however page will continue to serve on alphabet boardke major decisions involving google. >>> checking in on tomorrow's forecast, what for the morning commute but not a lot, just a little bit more rain is slated for friday. that will impact the weekend. back here with the five day. >>> let's go to ktvu's alex savidge in the newsroom with the latest on the stories where working on for the 7:00 news on ktvu plus. >>> new figures show a sharp jump in background checks for gun sales. we will tell you what experts say is behind the trend. >>> details on a major protest at the nato summit in london today against president trump and the president of turkey. we will have those stories and much more coming up tonight live at 7:00 over on ktvu plus. >>> first, after the break, a back in marin county tangled in holiday lights. tonight, the warning for ok outside we tors. are the holiday spirit is already being heard. >> ♪ you can fill it all over ♪ people you can fill it all over ♪ you can feel it all over people ♪ itreat them all as if, they are h

sundar pichai is now ceo. the stock is up. susan: not that big after surprise.a little earlier than expected. alphabet was spun out in 2015. part of that was to separate the money making business, search and the like from the moonshots, and waymo, which is the self-driving unit as well. these guys, sergey brin, larry page founded google in their dorm room in stanford in 1998. worth combined $100 billion. only 46 years old. they're stepping back from the limelight. when was the last time you saw sergey brin, larry page speak anywhere? stuart: never. susan: this is tough time for the company. they're going through antitrust visions and policing of their websites of their platforms. cultural questions from the walkouts of a lot of google employees and strikes. stuart: they like the change at the top. we now have a 21 point gain from google. i wonder if jim awad has anything to say about going goal? >> this is evolution of the company. it is a logical one. they still control the company. they have veto power. if it doesn't work they can step back in. this is attempt

sundar pichai will take over as ceo of alphabet and google.ounder sergey brin, this is interesting, step down as president of alphabet. that role will be eliminated all together. in a letter the cofounder said this, this is natural time to simplify our management structure. we're never ones to hold on management roles when we think there is a better way to run the company. the backstory here in 2016 google reorganized to farm fainter company alphabet, to separate the other bets, initiatives like driverless cars. they wanted that to be separate from google and search. the gave running android and chrome before he took over as ceo. page and brin will be remain on the board. they have vote are shares and that structure will not change. if they are uncomfortable with something they will out vote pichai. insiders say this is not surprising. google is gearing up for regulatory challenges. also a time google employees have been speaking out against company policies. the cofounders are stepping away from the job. it is a big job, 900 million in market

they founded google over two decades ago sundar pichai will take the reins. google is facing increasing criticism and investigations from authorities in the u.s. and europe. over its privacy policies. >>> johnson & johnson claims as baby powder is asbestos free comes after an fda investigation earlier this year. they reported finding trace amounts of the contaminant in the powder. the company said two different third-party labs conducted more than 150 testan trying to prove that it is safe following a recall. the fda has not commented on the test. >>> we hear fans of baby yoda may be disappointed this holiday season. >> from baby powder to baby yoda, the character will not be available until next year. the show runner told entertainment tonight the delight is deliberate because releasing it now could spoil some plot secrets but they were made available for preorder. >> it has to be the most popular, right? >> i mean, i love baby yoda. what plot secrets are you really revealing? >> the most powerful and obviously the cutest jet i. diane king hall, cbsmoneywatc

sundar pichai will take over. google represents 99% of the revenue. he is co-founder of that. that role of alphabet will be eliminated entirely. the cofounder said this it is natural time to simplify our management structure. we're never ones to hold on to management roles when we think there is a better way to run the company. the backstory, in 2015 google reorganized to form the parent company alphabet. that was to separate what they called the other bets, initiatives like driverless cars from google and search. pichai was running android and chrome before he took over as ceo of google so he had a long track record there. here is the key, page and brin will be remain actively involved on the board. they have controlling voting shares and that structure will not change. if they're not comfortable with something they will still out vote pichai. outsiders are saying not surprised by the changing and the timing. google employees have been speaking out against some of the company policies so there is some controversy here. looks like the cofounders are stepping away from that but

you know, thank you, steve kovach for more on steve's thoughts on sundar pichai's new headaches. >>> papa jons changed its pizza recipe so did they? or didn't they we have the sound of the stock by the way up more than 50% this year plus, is this the answer to winning the shipping wars? ups, amazon, and dhl all participating in a new program aimed to ease congestion but will it help them deliver holiday packages on time that's ahead the recession. so, my wife kat and i took action. we started a non-profit community bank with a simple theory - give people a fair deal and real economic power. invest in the community, in businesses owned by women and people of color, in affordable housing. the difference between words and actions matters. that's a lesson politicians in washington could use right now. i'm tom steyer, and i approve this message. - stand up if you are first generat(crowd cheering)ent. stand up if you're a mother. if you are actively deployed, a veteran, or you're in a military family, please stand. the world in which we live equally distributes talent, but it doesn't equal

they'll still be board members and the company's largest arehd asked sundar pichai the ceo to take overely, the whole kit and kaboodle. up to now larry and sergey were in charge over all. really the end of an era. the pair started the group at stanford called page rank. 20150 pichai was in charge of google, alphabet as the umbrella over the operation, things like self-driving cars and as of yesterday pichai is in charge of the whole operation as ceo of google and alpha bet. the two founders wrote would be a young adult of 21 and it would be time to leave the roost." >> they're staying at home longer now. true. especially in this area. >> the boys own a 757, their own wide-bodied jet over there at moffitt outfitted with hammocks of all things. if i had a 757 i don't think i'd show up for work all the time. i'd be out traveling the world myself. gle but there ication, how g would be a whole list of things i'd do. >> time to retire. >> i agree. >>> a lot of people like coffee. going to sjc, we'll tell you automation, yes, it's there. check out this brand new robotic coffee bar at san franc

they will remain on the board but google's ceo sundar pichai will also become alphabet‘s ceo.ery bag to retrieve multiple food orders has been banned. the advertising standards authority said it might mislead viewers to think they "could order food from different restaurants to be delivered together". it generated 300 complaints, the third highest of the year so far. united airlines has ordered 50 long—range airbus jets, the latest us airline to snub boeing in favour of its european rival. the decision comes as america's boeing is hobbled by the crisis surrounding its 737 max planes after two crashes. all change at the top of google. the legendary silicon valley duo, they found the search engine back in their california garage, back in 1988 -- 1998, their california garage, back in 1988 "1998, they their california garage, back in 1988 —— 1998, they have announced they will be stepping down from top roles at the parent company which owns google, but they will remain on the board of the company, 51% voting rights, they will still have a big say in what goes on, and the google c

they will remain on the board, but google's ceo sundar pichai will also become alphabet‘s ceo.ty said it might mislead viewers to think they "could order food from different restaurants to be delivered together". it generated 300 complaints — the third highest of the year so far. united airlines has ordered 50 long—range airbus jets — the latest us airline to snub boeing in favour of its european rival. the decision comes as america's boeing is hobbled by the crisis surrounding its 737 max planes after two crashes. there has been no progress made to increase ethnic diversity amongst top executives at the uk's top firms — that's the damning assessment from a new report out today. in fact, ethnic minority representation has fallen over the past year, and 47 companies still have all—white staff at board and executive director level. trevor phillips is the former chairman of the equality and human rights commission and chairman of green park recruitment consultancy which wrote today's report. according to this report, across all ftse100 companies there are only four chief executive

sundar pichai take over.post it's a natural time to simplify the management structure. >>> turning to what could have been a thanksgiving tragedy for actress anna faris and her family. >> all 13 of them were poisoned by carbon monoxide at a home they rented for the holiday at lake tahoe. with winter approaching it's a warning for us all about this potentially deadly danger already. here's abc's kaylee hartung. >> reporter: anna faris, star of the "scary movie" franchise, had a real-life scare over thanksgiving. the actress rented a house with 12 members of her family in lake tahoe. tweeting through the typical family drama. soon they all started feeling sick. >> they assumed it was altitude sickness. two people went ahead and went to the hospital on their own. hospital staff immediately identified it was carbon monoxide poisoning. >> we need a medic unit to respond, we have 12 patients. >> reporter: everyone survived but the levels of carbon monoxide in faris' rental home were six times the maximum recommende

the ceo, sundar pichai, will now also be the ceo of alphabet.ry page and sergey brin will serve on alphabet's board of directors. >>> realtor.com just released is 2020 housing forecast in the bay area, the south bay is expected to see home prices go up. home prices in the san jose market forecasted to go up 2.1%. sacramento also expected to be a bit more expensive going up just under 1%. san francisco, oakland and stockton markets all expected to see home prices fall less than 1%. despite prices falling slightly in san francisco and oakland, most of these are expected to see the biggest local decline in home sales. 4.5%. in general, daniels will make up more than half of all home mortgages. baby boomers will keep holding on to their home. now, we will go in-depth on the new 2020 housing forecast with a senior economist from realtor.com later this morning. on the 9. >> it is a different day but same story. >> focus here in the studio with today's dollars & sense. >>> after the big sell yesterday, socks are up. still trey talks moving the markets.