Engineers over index in their own ways, but I think you're spot on with decoding the PR speak.

The Python team was very involved with the Python Software Foundation and was influencial with directing priorities for the Python programming language reference implementation (which is by far the most widely used implementation of Python). Google just gave up their say in how the language will evolve. Seems like an incredibly bad strategy. But then again, Google has been, from a financial perspective, nothing more than a digital classified ads platform for decades. If a smart MBA were running Google they'd start spinning off divisions into new IPOs and cashing in with dividends like other large conglomerates have done in the past when they have stopped inovating or actually commit to their projects long term.