Alphabet's Verily raised $1B led by Alphabet; founder and CEO Andy Conrad will become executive chairman as President Stephen Gillett becomes CEO in January (Davey Alba/Bloomberg)

Davey Alba / Bloomberg:
Alphabet's Verily raised $1B led by Alphabet; founder and CEO Andy Conrad will become executive chairman as President Stephen Gillett becomes CEO in January  —  Verily, the Alphabet Inc. life sciences unit that's previously experimented with diabetes-detecting contact lenses …

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