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Welcome to “The Week in Tech,” where we recap some of the most interesting technology and mobile stories from the past week.

This week we cover Google’s restructuring, Samsung’s new phones and mobile payments launch, and the delay in Apple’s streaming TV service.

Google creates new parent company called Alphabet

Google has massively restructured itself into a collection of companies under a new parent entity named Alphabet. Alphabet will be led by CEO Larry Page, with Sergey Brin as President.

Google as we know it today will be one piece of Alphabet. It will now focus solely on internet and mobile products like Search, Android, Gmail, YouTube, and other Google products with which we’re all familiar. The new Google will be led by Sundar Pinchai, a trusted lieutenant who was formerly Senior Vice President of Android, Chrome, and Apps.

The other subsidiaries of Alphabet will include:

The new structure should allow these subsidiaries to move faster and better take advantage of opportunities as they arise.

When Google was founded 11 years ago, they promised not to be a conventional company. This restructuring shows that statement still holds true.

Samsung launches new phones and mobile payments system

Samsung really has Apple in its crosshairs. The company just launched two new phones and a mobile payments system to battle Apple on multiple fronts.

Samsung released the S6 Edge+, which is a larger version of the popular S6 Edge. Like its brethren, the Edge+ has a curved screen where users can access updates and reminders on the side of the phone.

The Galaxy Note 5 was also announced. This phone includes a digital pen that allows users to write down notes even when the phone is idle and jot down ideas on digital documents.

Both phones are 5.7″. While Samsung pretty much created the large phone (or “phablet”) category, its lead has been chipped away by the launch of the iPhone 6 Plus and less expensive alternatives from upstart manufacturers like Xiaomi.

Samsung also formally launched its mobile payment system Samsung Pay to compete against Apple Pay, Android Pay, and other mobile wallet competitors. The service is compatible with the S6 devices and the Note 5.

Read more at the NY Times.

Apple’s TV streaming service delayed again

Cord cutters will have to wait until 2016 to get their hands on a new Apple TV streaming service.

Apple, who planned on announcing the long-awaited subscription TV service at its September launch event, is apparently having trouble securing licensing deals from local broadcasters like CBS, NBC, and Fox for local programming.

The company originally planned on announcing the new service at its Worldwide Developer Conference in June, but that got pushed back to September, and is now delayed even further.

Even a huge player like Apple is having trouble cracking the TV nut. That just goes to show how hard it is to disrupt an industry with so many different characters all trying to determine the best business model for their own organization.

What do you think of these stories? Have you read other interesting mobile and technology stories this week that are worth mentioning? Feel free to add your thoughts to the comments.

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