Latest Eric E. Schmidt Stories

2008-09-05 15:50:00

It may sound preposterous with the benefit of hindsight, but only ten years ago, on September 7, 1998, Larry Page and Sergey Brin founded their new company, Google.  It all began with little more than four computers, a healthy dose of initiative, and a $100,000 investment from Sun Microsystems co-founder Andy Bechtolsheim. With that, they made their bet that an Internet search engine could change the world.  A decade later, the company now has 20,000 employees, a $150 billion...

2008-07-21 06:00:23

Google has reported a 35% increase in net income to $1.25 billion for the second quarter 2008, on revenue up 39% at $5.37 billion. The company said advertising revenue grew 35% to $5.18 billion, web site revenue rose 42% to $3.53 billion, and network web site revenue increased 22% to $1.66 billion. Licensing and other revenue rose to $181.78m, compared to $33.64m a year ago. Eric Schmidt, chief executive at Google, said: "Strong international growth as well as sustained traffic increases...

2008-06-25 18:02:27

Google Inc. (NASDAQ:GOOG) today announced that Patrick Pichette will be named Senior Vice President and Chief Financial Officer. Most recently, Mr. Pichette served as President of Operations at Bell Canada, a leading global communications company. Mr. Pichette brings nearly 20 years of experience in financial operations and management in the telecommunications sector, including 7 years at Bell Canada, which he joined in 2001 as Executive Vice President of Planning and Performance...

2005-09-29 07:13:12

SAN FRANCISCO (AP) - Google Inc. (GOOG)'s boycott of News.com appears to have ended quietly, less than three months after company executives told the technology news site that they would stop speaking with its reporters for a year. Google CEO Eric Schmidt granted an interview this week to News.com's Elinor Mills, the reporter whose article in July about privacy issues raised by Google's search engine apparently offended the company. For her July story, Mills went looking for details on...

2005-09-29 06:30:00

SAN FRANCISCO -- Web search company Google Inc. said on Wednesday it plans to partner with U.S. space agency NASA on space research and to build a new campus at the agency's research center in the heart of Silicon Valley. Google and the National Aeronautical and Space Administration (NASA) said they plan to cooperate on research projects such as large-scale data management, nanotechnology, massively distributed computing and the entrepreneurial space industry. Massively distributed computing...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.