financetom
Business
financetom
/
Business
/
Market Chatter: Google Reportedly Plans to Sell, Spin Off Health Sciences Unit Verily
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Google Reportedly Plans to Sell, Spin Off Health Sciences Unit Verily
Oct 3, 2025 4:17 AM

06:48 AM EDT, 10/03/2025 (MT Newswires) -- Alphabet (GOOG, GOOGL) wants to sell or spin off its Verily life sciences unit, Bloomberg reported Thursday, citing court testimony by Google ( GOOG ) senior executive Heather Adkins.

The Google ( GOOG ) vice president of security engineering described plans to sell Verily while testifying as a defense witness in the US Justice Department's prosecution of the Alphabet subsidiary for allegedly monopolizing online advertising technology.

Adkins said Verily has been trying to move off Google's ( GOOG ) infrastructure and onto Google's ( GOOG ) cloud platform since 2023.

"We are in the process of helping them become an independent company," she was quoted as saying. "The idea is to have it no longer be an Alphabet entity."

Google ( GOOG ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved