Latest Eric Schmidt Stories

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...

2009-08-03 07:30:00

CUPERTINO, Calif., Aug. 3 /PRNewswire-FirstCall/ -- Apple(R) today announced that Dr. Eric Schmidt, chief executive officer of Google, is resigning from Apple's Board of Directors, a position he has held since August 2006. "Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful," said Steve Jobs, Apple's CEO. "Unfortunately, as Google enters more of Apple's core businesses, with Android and now Chrome OS,...

2009-07-25 13:45:59

Google's book scanning project is already facing anti-trust criticism and awaiting court approval, and now it has also raised concerns amongst privacy advocates and civil liberties groups. Eric Schmidt, Google's chief executive, said on Thursday the groups expressed "grave concern" that the Google Book Search project was "leaving the crucial component of reader privacy behind." "Increasing access to books is a very important mission that we strongly support, but readers must not be forced to...

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...

2009-06-26 15:10:22

On Friday, Google's chief executive, Eric Schmidt, said he expects the U.S. economy to recover this autumn. He added that the worst of the economic meltdown is over and it is "reasonable to be optimistic about 2010." He was speaking at the Cannes Lions advertising festival in southern France when he said that U.S. jobless claims indicate "the beginning of the bottom." "The rate of jobless claims is decreasing although the absolute number is increasing," he explained. Reuters reported that...

2009-06-23 08:00:00

NORWALK, Conn., June 23 /PRNewswire/ -- A leading provider of marketing, merchandising and statistical information to the beverage alcohol industry, The Beverage Information Group announces the addition of beer suppliers to its recently released 2009 Spirits, Wine and Beer Marketers Handbook, formerly known as the Wine & Spirits Industry Marketing Handbook. The updated, expanded and online handbook lists spirits, wine and now beer suppliers by name, title, company name, address, phone,...

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...

2009-05-08 11:05:00

Google Chief Executive Eric Schmidt is showing no concern over government regulatory scrutiny of his role on the board of Apple Inc., confidently asserting that the inquiry will not find any evidence of violation of antitrust laws. He says he expects more criticism from around the world and that the recent attention has caused the company to pay closer attention to their approach to particular business issues. Schmidt told reporters that he has not considered withdrawing from the board of...

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.