Google CEO Eric Schmidt is a busy man as you can imagine, and has probably been even busier than usual recently, now that he has been named to the transitional economic advisory board of President-Elect Barack Obama at a time when the economy needs all the help it can get.
Google CEO Eric Schmidt has been on the campaign trail stumping for Barack Obama, virtually formalizing his “informal campaign advisor” role, a suddenly very public endorsement that fueled speculation about a possible cabinet position, specifically Obama’s proposed tech czar.
Let out that held breath, everybody - Google had a good third quarter. While the company didn't destroy estimates as it's done in the past, such behavior could hardly be expected at this point, and Google at least managed to improve its performance in most respects.All of this led to some rather happy and enthusiastic behavior on the part of investors. Google's stock has gone up 7.86 percent so far in after hours trading. Here are notes from the live conference call:
Do you have questions about the proposed search advertising deal between Google and Yahoo!? If so, you might find some answers at YahooGoogleFacts.com, a site Google has launched to clarify just what is going on, and probably to help clear the air of controversy, which has surrounded the deal since it was first brought into the public eye.
Google's stock first hit $430 per share in December of 2005. It moved upward past the number in October 2006 and March of this year, as well. Now the stock's right around $430 again, and although the situation's sure to frustrate investors, Google's leaders believe their company is in good shape.
Google held its Zeitgeist Conference yesterday, and during that conference, CEO Eric Schmidt, and co-founders Larry Page and Sergey Brin held a media roundtable at which they discussed a variety of Google's recent endeavors. Among the topics of course, was the proposed Google-Yahoo! advertising deal, which is currently being scrutinized by the U.S. Department of Justice.
Green is the new black; math is the new cool; and Google CEO Eric Schmidt has some formulas for increasing energy efficiency, job creation, money saving, and how the Internet will fend off global warming. Sound far-fetched? Schmidt says, “It’s just a math problem.”
Vanity Fair released its annual ranking of the world’s most powerful people this week and our favorite executive trio was tied for third, just under Vladimir Putin and Rupert Murdoch.
About once a month, Google comes up with some neat new feature for mobile phones. It's never much compared to certain search and mapping innovations, and the things tend to receive little notice from any mainstream audience. But Eric Schmidt is still betting on mobile in a big way.
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