The difference between Google and Alphabet, explained

This is an automatic summary, original reduced by 75%.

Well, when Google underwent a big corporate restructuring last year, it spun off a number of its experimental projects into separate companies.

Then it put all those companies, including Google, under an umbrella firm called Alphabet.

So in the future, when we write about Alphabet, we're going to use the graphic below to help show how projects like drone delivery, driverless cars and smart thermostats fit into Google's business.

The parent company for Google, as well as "Other Bets" including Nest, Google Fiber and X. Google: One of several groups under Alphabet.

Google Fiber: Alphabet's Internet service provider, which gives Americans in select cities access to speeds of 1 Gbps. It and Nest are two of the most financially successful subsidiaries among the Other Bets.

The one chart you need to see about Google's most ambitious projects.

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