Google Parent to Ask Subsidiaries to Pay for Corporate Services

Google parent Alphabet Inc. is moving to make its disparate parts more accountable internally for spending, according to people familiar with the matter, in an effort to ensure that its more speculative projects are self-sustaining.

Under the new system, “bet” companies such as Google X, Google Fiber and Google Life Sciences will be charged for using corporate services such as computing, recruiting and marketing, the people familiar…

Article source: http://www.wsj.com/articles/google-parent-to-ask-subsidiaries-to-pay-for-corporate-services-1448325619

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