It means Google minus all the parts that are now their own direct subsidiaries of Alphabet.
Which, previously, were all part of Google. Hence, "slimmed down".
It's going to remove the 'is this a thing Google should be getting in to?' question when evaling ventures/acquisitions.
It means Google minus all the parts that are now their own direct subsidiaries of Alphabet.
Which, previously, were all part of Google. Hence, "slimmed down".