Alphabet Wants Its Startups Like Biotech Calico To Start Behaving Like Startups

A report from The Wall Street Journal suggests that Alphabet wants its startup-like subsidiaries to behave more like financially accountable independent companies. Alphabet is the recently formed parent of Google, Google X, Fiber, Nest, and other companies previously under the "Google" banner. Under the change, companies like Google X, Calico and Life Sciences will be billed for using services from other subsidiaries.

That means if, for example, the biotech research company Calico wants to make use of Google Cloud Platform, it'll have to pay Google at market rates.

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