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Why Google Became Alphabet

Harvard Business Review

The company’s less related endeavors – the biotech research project Calico, the Nest thermostat, the fiber internet service, the “moonshot” X lab, Google Ventures, and Google Capital — are all now separate companies housed under Alphabet. Investors will inevitably push for more.

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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business Review

A nearly $150 million settlement is pending for the fake-account scandal that roiled the bank last year, and a new scandal has emerged: Recently it has been alleged that thousands of customers were signed up for insurance without their knowledge. Lawyers were much less aggressive in accrual accounting relative to industry levels.