How this former Youtube and Facebook CFO may give $500 million boost to Google parent’s lab X

Former YouTube and Facebook CFO Gideon Yu is raising $500 million for Scale Co., a fund connected to Alphabet’s X lab. The fund will support startups like 280 Earth that focus on capturing carbon dioxide. Anat Ashkenazi is the new CFO at Alphabet, succeeding Ruth Porat. X was launched in 2010 by Google founders Larry Page and Sergey Brin.