Latest Eric E. Schmidt Stories

2009-11-18 13:30:00

Intel's Paul Otellini and Google's Eric Schmidt Also Join TechNet's Executive Committee PALO ALTO, Calif., Nov. 18 /PRNewswire-USNewswire/ -- TechNet, the bipartisan political network of CEOs that promotes the growth of the innovation economy, today announced that it will appoint Rey Ramsey as the organization's new President and Chief Executive Officer. TechNet also announced today that TechNet members Paul Otellini, President and CEO of Intel, and Eric Schmidt, Chairman and CEO of...

2009-10-16 12:50:00

Google's chief executive on Thursday announced that the worst of the economic recession had passed. "Google had a strong quarter -- we saw seven percent year-over-year revenue growth despite the tough economic conditions," said Eric Schmidt. "While there is a lot of uncertainty about the pace of economic recovery, we believe the worst of the recession is behind us and now feel confident about investing heavily in our future." Google reported a third quarter net profit of $1.64 billion, or...

2009-10-12 14:15:00

SANTA MONICA, Calif., Oct. 12 /PRNewswire-USNewswire/ -- Arthur D. Levinson, a member of both Google and Apple's boards, acted correctly in resigning from Google's board, Consumer Watchdog said today. "We're pleased that Arthur Levinson finally realized that serving on both Google's and Apple's boards was untenable," said John M. Simpson, consumer advocate with Consumer Watchdog. "It took too long, but he finally did the right thing."' The nonpartisan, nonprofit advocacy group had...

2009-10-12 10:10:00

Google announced on Monday that Arthur Levinson had removed himself from their board after a rise in the examination of his membership as a head of both Google and Apple Inc. The retirement of Levinson, the former director of Genentech and a 5 year Google board member, follows the resigning of Google CEO Eric Schmidt two months ago. Google and Apple, frequently viewed as partners battling the Microsoft juggernaut, are competing against each other more and more over several issues, such as...

2009-09-24 06:01:41

Now that the global economy appears to be on an upswing, Internet giant Google is prepared to resume its buying of companies, according to AFP. "Acquisitions are back on," chairman and chief executive Eric Schmidt told reporters on Wednesday following a pep talk of sorts to students and business leaders in Pittsburgh the night before the G20 summit of the world's largest economies. While no details were provided on what major companies Google has its eye on, during a talk hosted by the...

2009-08-03 14:36:00

SANTA MONICA, Calif., Aug. 3 /PRNewswire-USNewswire/ -- Genentech Board Chairman Arthur D. Levinson should quit as a director of either Internet giant Google or Apple to avoid antitrust violations, Consumer Watchdog said today, following the resignation of Eric Schmidt from the Apple board. The call from the nonprofit, nonpartisan consumer group came after the announcement that Google Chairman and Chief Executive Eric Schmidt, who held the same dual role, was stepping down from Apple's...

2009-08-03 12:35:00

Apple announced Monday that Google chief executive Eric Schmidt is resigning from its board as the Internet search leader has increased the development of products that would compete directly with Apple, AFP reported. Apple's chief executive Steve Jobs wrote in a statement: "Eric has been an excellent board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful." However, he stated that Schmidt could not function effectively as an Apple board...

2009-07-10 15:41:23

Google Inc CEO Eric Schmidt said he plans to discuss the evolution of his role on Apple Inc's board of directors in light of Google's recent announcement to launch its own operating system. On Tuesday, Google announced plans to release its own OS in an "attempt to re-think what operating systems should be," the company said on its official blog. During the Allen & Co media technology conference on Thursday, Schmidt addressed concerns about how his role on Apple's board would change with...

2009-05-21 21:26:51

Google Chief Executive Officer Eric Schmidt, in an interview with Financial Times, said the company considered buying a newspaper and decided against it. In the interview published Wednesday, Schmidt said his company, as a platform to reach other Web sites, wants to avoid crossing the line between technology and content. Other news stories have suggested Google is considering partnerships with news organizations or possible investments in them. There have also been suggestions that some...

2009-05-19 12:59:52

Google Inc CEO and chairman Eric Schmidt addressed some 6,000 graduates on Monday with unexpected advice: "turn off your computer." You're actually going to have to turn off your phone and discover all that is human around us," Schmidt said while speaking at the commencement ceremony of the University of Pennsylvania. "Nothing beats holding the hand of your grandchild as he walks his first steps," he added. Schmidt received an honorary doctor of science degree during the ceremony, as the...

Word of the Day
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.