Google CEO Eric Schmidt while appearing on Fox Business made some interesting comments about Google's emergence as a huge Microsoft-like business power. I thought most interesting was Schmidt's statement about Google becoming like Microsoft, "Hopefully, we won't repeat the mistakes that Microsot made ten years ago that ultimately led to all these things that happened with them".
Schmidt elaborated:
Never mind the latest developments relating to real-time search and the mobile market. Google intends to make its next serious buck off the software and services that businesses require, with the company's CEO talking up the outlook at a conference yesterday.
Experts had high expectations heading into Google's third quarter earnings report, but that was no problem for the search giant as it beat estimates in almost every way. Google's stock is now heading up in after-hours trading.
The company that operates America's largest wireless telecommunications network now considers itself a friend of Android. Google and Verizon Wireless have sealed a deal that'll see the two working together on mobile products and services.
Eric Schmidt has laid out a good news/bad news scenario for people who would like to become part of Google. On the one hand, he intends to acquire about one small company per month. On the other, it sounds like most of Google's "now hiring" signs are going to remain in storage.
Google CEO, Eric Schmidt has added his voice to the debate about charging for online news content.
Speaking via video link with British broadcasting executives, Schmidt said there is so much free content online that many publishers would not succeed if they put their content behind a pay- wall.
About a month ago - and after a longish period of quiet - Google arranged to acquire video compression specialist On2 for $106.5 million. More deals may be on the way, as well, since Eric Schmidt implied this week that the search and advertising giant's only getting started.
This morning, a strong tie between Google and Apple was dissolved. Google's CEO, Eric Schmidt, resigned from Apple's board of directors.
This development doesn't necessarily mean that Google and Apple are becoming hostile. The two companies have been good corporate friends for many years, with Schmidt serving on Apple's board of directors since August of 2006.
The days of YouTube representing a financial black hole may soon come to an end. Several of Google's execs have indicated that the video-sharing site is on track to start making more money than its operations consume.
Google released its second quarter earnings report this afternoon, and the search giant met and beat most analysts' written estimates. Its bottom line in terms of profit looked especially good.
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