Company News

Sidewalk Labs CEO to Resign Ahead of Possible Battle with ALS

Alphabet has announced that it is folding all Sidewalk Labs’ projects under the umbrella of Google, after the founder and CEO of Sidewalk announced that he will be stepping down ahead of a possible battle with ALS.

Alphabet Inc. is an American tech company which was created through a Google restructuring in October 2015, eventually becoming the parent company of Google and several subsidiaries of Google. One of the subsidiaries of Alphabet Inc. is Sidewalk Labs, which deals with urban planning and infrastructure. Until recently, Sidewalk Labs was headed by founder and CEO Daniel Doctoroff.

Doctoroff, who had previously been in charge of Bloomberg LP, announced in a blog post on Thursday that he would be resigning as CEO. He made this decision in the wake of a possible battle with the Amyotrophic Lateral Sclerosis (ALS), a highly deadly neurodegenerative condition. Doctoroff has not been diagnosed with the disease yet, but meetings with experts in the field, meetings and test results have all pointed to the possibility of being diagnosed.

He however said that he tested negative for a gene mutation that points to ALS, which had been present in his family with the disease, making it a possibility that he is fighting a disease with similar symptoms to ALS but which is not ALS.

According to Doctoroff, the disease runs in the family as both his father and uncle were diagnosed with the devastating disease. Since the ALS fears, he has decided to spend more time with his family and lead his organisation called Target ALS. Doctoroff said he plans to raise $250 million for medical research through the Target ALS group.

In the wake of Doctoroff’s resignation, Google will take over Sidewalk projects like the parking technology Pebble, and low-cost energy tracking system Mesa. Doctoroff announced that the projects will still be led by Sidewalk Labs’ President of Urban Products Prem Ramaswami and the Chief Technology Officer Craig Nevill-Manning, who are both former workers with Google.

It was however announced that the company did not have a date for the transition yet.

Investors King Contributor

Share
Published by
Investors King Contributor

Recent Posts

Naira Falls to N1,676.90/$1 at Official Market, Slides to N1,708.87/$1 at Alternative Window

The Naira depreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM) by 0.61 percent and…

53 mins ago

President Tinubu Orders Release of Minors Prosecuted for #BadGovernance Protests

Following a recent viral video on the X app regarding the prosecution of minors who…

4 hours ago

Nigerian Army Seizes 700,000 Liters of Stolen Petroleum in Sweeping Raid Across Four States

In a series of raids across Rivers, Bayelsa, Akwa Ibom, and Delta states, troops from…

4 hours ago

Persistent Service Disruptions In Banks Paralyze Activities At Ports, Many Cargoes Trapped 

Activities at the Apapa and Tin-Can Ports in Lagos State have been paralyzed as cargoes…

4 hours ago

MTN Nigeria Strengthens Working Capital By Raising N50bn In New Commercial Paper

MTN Nigeria Communications PLC (MTN Nigeria) has disclosed plans to raise N50 billion through its…

5 hours ago

OPEC+ Supply, Trump-Harris Election Face Off Lend Support to Oil Prices

The decision of the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ to…

5 hours ago