The ABCs of Google Using the XYZ Domain

In case you haven't heard, there is a relatively new top level domain that is starting to become popular, and is called .XYZ. This is in addition to the common ones, such as .COM, .ORG, .and NET, and even the country domains and exotic domains such as .CO, .LY, ME, .XXX, and .TRAVEL. There are literally hundreds and hundreds of these domains.

Well, Google (GOOG) (GOOGL) has taken the lead with the .XYZ domain, by registering ABC.XYZ. Why ABC you might ask?

Google is creating a new parent company called Alphabet and will become a publicly traded entity. According to Larry Page on the Alphabet website:

"Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights. Google will become a wholly-owned subsidiary of Alphabet. Our two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG."