Here is your daily round-up of the news that matters in the marketing, media and advertising world, brewed hot and fresh in just 60 seconds.

Top news of the day:

Sundar Pichai Named CEO of Alphabet
Sundar Pichai has been named the CEO of Alphabet, Google’s parent company. As per media reports, Google Co-founders, Larry Page and Sergey Brin will be stepping down as CEO and President of Alphabet respectively. Pichai will take over from Page and also continue his role as CEO of Google.

PHD Worldwide Promotes Avril Canavan And Patrick Ryan To C-suite
PHD Worldwide has promoted Avril Canavan to worldwide chief marketing and communications officer and Patrick Ryan to worldwide chief commercial officer. Both will continue reporting to worldwide CEO, Philippa Brown.

Bloomberg Rebrands Tic Toc to “QuickTake by Bloomberg”
Bloomberg is renaming its social-media news service, Bloomberg TicToc to “QuickTake by Bloomberg.” This is to avoid confusion with the Chinese social-video app, TikTok. Bloomberg also plans to launch QuickTake as a 24-hour linear streaming news channel available on OTT platforms.

Future Consumer Appoints Rajnikant Sabnavis As CEO
Future Consumer Ltd has named Rajnikant Sabnavis as the new CEO. Prior to this, he was COO at Jyothi Laboratories and worked with Hindustan Unilever for 23 years.

Hyundai Motor India Appoints Tarun Garg as director – sales, marketing and service
Hyundai Motor India has appointed Tarun Garg as director – sales, marketing and service. Garg moves from Maruti Suzuki India, where he was executive director – marketing, parts and logistics.