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Latest Eric E. Schmidt Stories

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2011-01-25 07:14:58

Google's outgoing chief executive officer (CEO), Eric Schmidt, has been in talks with a CNN producer about possibly hosting a television show, according to a report by the New York Post on Monday. Schmidt, 55, who is stepping down as CEO of Google in April, has been discussing business with Liza McGuirk, executive producer of CNN's "Parker Spitzer," about developing a show featuring himself as host, the Post said. "Eric wants to be a talk-show host," the Post quoted an unnamed source as...

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2011-01-24 09:25:00

Outgoing Google Chief Executive Eric Schmidt has received an equity award of $100 million, Bloomberg first reported over the weekend. A spokesperson told Reuters on Sunday that "the award, which will include stock units and options will vest over four years and is Schmidt's first such award since joining the company in 2001." According to CNET's Edward Moyer, the Wall Street Journal, "citing compensation specialists and data"¦ called the award 'highly unusual' for a sitting CEO, adding...

2011-01-24 08:23:00

Calls For Hearings And CEO Schmidt To Testify Under Oath SANTA MONICA, Calif., Jan. 24, 2011 /PRNewswire-USNewswire/ -- Consumer Watchdog today sent Rep. Darrell Issa (R-CA) a 32-page report detailing how Google has inappropriately benefited from its close ties to the Obama Administration, including how NASA's Moffett Airfield, near Google's world headquarters, has been turned into a taxpayer-subsidized private airport for Google executives used for corporate junkets. A growing fleet of...

2011-01-24 00:00:02

What's really going on inside of Google? New York, NY (PRWEB) January 22, 2011 According to Jeff Christian, founder of executive search firm CTPartners, Eric Schmidt's impending move to Executive Chairman of Google is unusual. It's usually reversed in that an outside CEO is initially brought into a start-up to provide adult supervision to the young technology-savvy founder(s) who move up to Chairman or Vice-Chairman positions on the board. Christian who did the search for the CEO of...

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2011-01-22 06:50:00

Vint Cerf, one of the founding fathers of the web, said that the world will soon run out of Internet addresses, blaming himself for the coming shortfall of the some 4.3 billion addresses, the Sydney Morning Herald reported on Friday. "I thought it was an experiment and I thought that 4.3 billion would be enough to do an experiment," Cerf, who is Google's vice president and "Chief Internet Evangelist," was quoted as saying in an interview with the Australian news source. "Who the hell knew...

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2011-01-21 09:03:18

In a surprising move, Google CEO Eric Schmidt has announced his intention to step down on April 4, with co-founder Larry Page replacing him as the tech company's chief executive. This will be the 37-year-old Page's second stint as the California-based company's top executive, as he and Google co-founder Sergey Brin shared the role from 1998 to 2001. The 55-year-old Schmidt will remain with the company in the role of Executive Chairman. According to Alexei Oreskovic of Reuters, "Page's...

2011-01-20 16:56:00

SANTA MONICA, Calif., Jan. 20, 2011 /PRNewswire-USNewswire/ -- Consumer Watchdog today welcomed the announcement that Co-Founder Larry Page will become chief executive officer of the Internet giant and expressed optimism that the changes at the top mean Google will return to the values of its founders. Current CEO Eric Schmidt will become "executive chairman," Google said. "Eric Schmidt has put his foot in his mouth so far on key issues like privacy that he's kicked himself out of the...

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2010-11-10 11:35:00

According to website Silicon Alley Insider, Google Inc. is planning on giving its employees a 10 percent raise at the beginning of next year. The Wall Street Journal also reported that Chief Executive Eric Schmidt informed Google's 23,000 employees of the pay increase by email. "We want to make sure that you feel rewarded for your hard work," Schmidt was quoted as saying. "We want to continue to attract the best people to Google." Silicon Alley Insider reported that Google is giving all its...

2010-09-14 13:27:00

SANTA MONICA, Calif., Sept. 14 /PRNewswire-USNewswire/ -- Consumer Watchdog today invited Google to participate in a conference, "Google, The Internet And The Future," that the nonpartisan, nonprofit public interest group plans to host in Washington this fall as part of its Inside Google project. The invitation came in a letter to CEO Eric Schmidt and co-founders Larry Page and Sergey Brin. It was prompted by Google's promotional campaign this week in Washington highlighting its privacy...

2010-09-09 10:51:00

SANTA MONICA, Calif., Sept. 9 /PRNewswire-USNewswire/ -- New comments by Google CEO Eric Schmidt in Berlin show the top executive of the Internet giant fails "to recognize that the direction Google is currently heading is inexorably at odds with the notion of personal privacy," Consumer Watchdog said today. Schmidt said, among other things, "We can suggest what you should do next, what you care about. Imagine: we know where you are, we know what you like." The criticism came in a letter...