BUSINESS
April 8, 2009 | David Sarno
Google Inc. Chief Executive Eric Schmidt delivered Tuesday's closing keynote at the Newspaper Assn. of America annual conference in San Diego, conjuring up visions of an open, interactive future for the audience of newspeople. In order to move forward, he said, newspapers will have to get used to the idea that they are not just generators of trusted, professional content, but also aggregators of the new kinds of content the Web has enabled.
BUSINESS
August 7, 2001
* Internet search engine company Google Inc. named Chairman Eric Schmidt chief executive, replacing co-founder Larry Page. Page will take over as president of the company's products division.
BUSINESS
July 2, 2012 | By Jessica Guynn
Google has offered to settle an antitrust probe from European Union regulators to avoid a hefty fine and major changes to how it operates its lucrative online search business. Eric Schmidt, Google's executive chairman, made the offer in a letter to Joaquín Almunia, the European competition commissioner. The European Commission conducted an 18-month-long investigation into Google. The European Commission warned in May that Google may have abused its market dominance in Web search and could face formal charges for putting its competitors at a disadvantage.
NEWS
April 5, 2012 | By Jessica Guynn
Larry Page isn't big on sharing. But on Thursday he published a 3,459-word “update” after his first year back as chief executive of Google. In it, he underscored Google's commitment to making big long-term bets and to its social networkGoogle+, but he did not make any big revelations or provide any financial details. Google is due to report first-quarter financial results next week. Page took over from Eric Schmidt as CEO last April. It is his second stint as Google's CEO, his first as the CEO of a publicly traded company.
BUSINESS
May 11, 2006 | From Reuters
Google Inc., facing mounting competition in the Internet search advertising market from Microsoft Corp. and Yahoo Inc., expects that rivalry to drive up ad prices and increase its revenue, Chief Executive Eric Schmidt said Wednesday. "There is a surprising, if not bizarre [fact that] more competition in auctions can actually produce more revenue, rather than less," Schmidt said at a news briefing at Google's Mountain View, Calif., headquarters.
BUSINESS
January 21, 2011 | By Jessica Guynn, Los Angeles Times
Facing new threats to its role as the world's dominant Internet company, Google Inc. announced a surprise executive shake-up that appears to put innovation and technology ? not management ? in the driver's seat. Larry Page, Google's 37-year-old co-founder, will reclaim the top job from Eric Schmidt, the boardroom veteran who brought corporate discipline to the fledgling Web start-up a decade ago, helping it become the world's most popular search engine. But even though it has matured into a powerful company with a rich stock price and enviable profits, Google is facing increasing competition from younger upstarts such as Facebook Inc., the social networking phenomenon that is vying with Google for Internet advertising revenue.