Eric Schmidt, a Google CEO, has told a group of British broadcastings chiefs that Rupert Murdoch’s plan to charge for online news content cannot work, as there is already so much high quality news that is available for free. However, he does admit that there is room in the market for a provider of...
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Eric Schmidt Slates Murdoch’s Idea to Charge for Internet News
Google Chief Eric Schmidt Quits Apple Board
Google’s SEO Eric Schmidt is resigning from Apple’s board of directors. The reason is the increasing rivalry between the two companies, and the issue that two of the biggest tech companies in the world are sharing directors can have implications regarding competition and insider information and antitrust rules. Steve Jobs, CEO of Apple said...
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Google’s Starts to Suffer as Online Retail Declines
Bank of America has slashed Google’s target price by 23% due to a large reduction in online shopping searches. The credit crunch crisis, and resulting recession, has meant that people are restricting their online spending. Brian Pitz, and analyst for Bank of America in New York advised clients that he was down valuing Google...
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