Why Google and Larry Page created their own Alphabet With the launch of its new holding company, Alphabet, Google is trying its hardest not to be Microsoft. Google co-founder Larry Page defends company's stand on Android Google did not pay to use Oracle's software in millions of smartphones, but the company believed that the intellectual property was free for anyone to use, Larry Page, chief executive of Google's parent company, told jurors in court on Thursday. Google co-founder Larry Page is backing two startups that are working on flying cars, including funding one of them with more than $100 million so far, Bloomberg said on Thursday, citing sources.Zee.Aero, into which Page has poured more than $100 million since it started in 2010, conducts test flights of its prototype at an airport hangar in Hollister, California, Bloomberg said.The startup has a manufacturing facility on NASA's research centre at the edge of Mountain View, the news agency said.Since last year, Page has also been funding another startup, Kitty Hawk, that is working on a similar competing model, Bloomberg said.Kitty Hawk, which employs about a dozen engineers and has its headquarters about half a mile away from Zee.Aero, is working on "something that resembles a giant version of a quadcopter drone", according to Bloomberg.Page, who is referred to as the guy upstairs ('GUS') by Zee.Aero employees, demanded his involvement in the startup should stay hidden, Bloomberg said.Page, Zee.Aero and Kitty Hawk could not be reached immediately for a comment.

Source: Times of India June 10, 2016 05:00 UTC