Will stock, hiring surge at a more transparent Google?
Google's restructuring could finally deliver to Wall Street something it's been after for years: more insight into what the company is spending on things like Nest, drones and health research.If that happens, it could boost the company's flat stock and entice the best engineers and tech workers to bypass the likes of Netflix and Facebook to sign up with the new Alphabet.+ ALSO ON NETWORK WORLD Meet Sundar Pichai, Google's new CEO +"Overall, we view the new structure as an elegant way for Google to continue to pursue long-term, life-changing initiatives, while simultaneously increasing transparency and management focus in the core business," wrote Doug Anmuth, an analyst with J.P. Morgan, in a report released Monday. "From a financial perspective, we believe the Street will soon be better able to evaluate the true performance of core Google, and may also become more accepting of Google's ongoing investment in emerging businesses such as Nest, Fiber, and driverless cars."To read this article in full or to leave a comment, please click here
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