CEO Eric Schmidt | ICT magazine

Posts Tagged ‘CEO Eric Schmidt’

Google Beats the Street in Q4 with Rising Profit, Sales

January 21st, 2010 | No Comments

Google reports fourth-quarter earnings and sales that trumped analysts’ expectations, with profit of $1.97 billion, or $6.13 a share. Excluding stock-based compensation, Google garnered an EPS of $6.79 on sales of $4.95 billion. Wall Street analysts had expected Google to report sales of $4.9 billion on EPS of $6.50. Google CEO Eric Schmidt talked about Google’s future investments, noting that people were the primary investment, particularly top-notch computer engineers, programmers and researchers. Expect more acquisitions in 2010.
– Google’s fourth-quarter earnings and sales trumped analysts’
expectations Jan. 21, with the search engine reporting a fourth-quarter 2009
profit of $1.97 billion, or $6.13 a share.
The profit hike for the fourth quarter of 2009 was roughly five times that
of the same quarter one year ago, when G…

Google, Apple Buying Startups to Thwart Each Other

December 12th, 2009 | No Comments

Google and Apple have gone from friends battling Microsoft to frenemies. From mobile phones and applications to handset and computer operating systems, Google and Apple find themselves increasingly competing. Google tried to buy digital music provider Lala Media before Apple acquired it for $85 million last week. Meanwhile, Apple allegedly tried to buy mobile display ad specialist AdMob before Google settled on it for $750 million, according to the Wall Street Journal. The competitive fronts have crystallized, industry analyst Rob Enderle agreed.
– Almost no one following high tech will disagree that Google and Apple’s
relationship has evolved from friends to frenemies.
The evidence to support the companies’ increasing competition is
overwhelming, from Apple’s rejection of Google Voice and Google CEO
Eric Schmidt’s dismissal from Apple’s…

Google and the Schmidt-Schneier Privacy Duel

December 11th, 2009 | No Comments

Security expert Bruce Schneier responds to comments from Google CEO Eric Schmidt that perhaps people shouldn’t do something they don’t want Google to learn about through its search engine. Schmidt also noted that Google does not abuse the information it collects on people because it would damage users’ trust in the company and send them to Microsoft Bing, Yahoo or elsewhere for search. Perhaps Google should create some sort of instant analysis engine that gleans user data as it enters the system, uses it to improve search — think personalized search in real-time — and then nukes it into the digital boneyard forever.
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News Analysis: When CNBC’s Maria Bartiromo asked Google
CEO Eric Schmidt if people should treat Google as their most trusted friend Schmidt
stepped into the damned-if-you-do, damned-if-you-don’t pitfalls all companies
who harvest computer users’ data find themselves in at
one point…

10 Persistent Messaging Problems that Google Wave Solves

November 17th, 2009 | No Comments

Google Wave suffered something of a letdown when the company began rolling it our more broadly to the public. Pundits largely panned the real-time collaboration platform for squelching productivity. However, eWEEK believes these folks didn’t spent enough time getting comfortable with the platform. Below are 10 work-related problems Wave solves, most of which come courtesy of Daniel Tenner, CTO and co-founder of Woobius, which makes a Web-based document sharing tool, bookended by some solutions from eWEEK. This is timed for the impending launch of Wave to more people, which Google CEO Eric Schmidt said is coming soon.
– …

New Verizon rumors, AdMob expanding iPhone ads, and new iPhone exploit

November 12th, 2009 | No Comments

A second source for a Verizon iPhone rumor has tipped up this week from a research note from Northwest Securities that claims an iPhone for Verizon will hit by the Summer of 2010. The AT&T exclusive is set to end next year according to sources paving the way for this to happen. AT&T had better [...]

Verizon Wireless Hypes Motorola Droid Phone as Everything Apple iPhone Isn’t

October 19th, 2009 | No Comments

Less than two weeks after promising to sell smartphones, netbooks and other devices based on Google’s Android mobile operating system, Verizon Wireless kicked off a television ad touting its Motorola Droid phone and shredding Apple’s iPhone in the process. Verizon Wireless will begin selling the Droid on Oct. 30, as far as anyone can tell. Boy Genius tested a Droid and said the device is blazingly fast, running Version 2.0 of Android. Jefferies Research said that such traction will lead to a boon in Google’s mobile applications, noting that Google’s location-based services such as Local Search, Google Maps, Search by Voice and Latitude should be readily monetizable over time.
– Google CEO Eric Schmidt said on the search engine company’s earnings call last week that Android was about to take off.
Time will tell on that score, but if it doesn’t happen it won’t be for lack of trying. Less than two weeks after promising to sell smartphones, netbooks and other devices based on…

Google’s Going Google Ad Campaign Expands in U.S., Ventures Overseas

October 19th, 2009 | No Comments

Google is bringing its Going Google advertising initiative for Google Apps to train stations, airports, and print and online publications in the U.S., as well as in Australia, Canada, France, Japan, Singapore and the U.K. The expansion of Going Google comes days after Google CEO Eric Schmidt said he had green-lit the enterprise team for aggressive expansion into 2010, which could include some acquisitions of technology and talent in addition to the organic growth of the talent pool.
– Google Oct. 18 said it is expanding its Going Google advertising initiative for Google Apps, bringing its collaboration software message to train stations, airports, and print and online publications in the United States, as well as in Australia, Canada, France, Japan, Singapore and the United Kingd…

Google Looking to Acquire Companies for Search, Display Ads, Google Apps, Chrome

October 16th, 2009 | No Comments

Google will buy large and small companies across many of its business lines, including search, advertising, enterprise, and Web browsing and operating systems, Google CEO Eric Schmidt said during the search engine’s third-quarter conference call. In a rare admission of Google’s acquisition focuses, Schmidt opened the door for a lot of speculation in describing the types of purchases he and his corporate development team are eyeing. Schmidt also Google was looking to buy large companies where it makes sense.
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Google is considering acquiring large and small companies in search, advertising, enterprise,
and Web browsing and operating systems, Google CEO Eric Schmidt said during
the search engine’s third-quarter conference call Oct. 15.

In a rare admission of Google’s acquisitio…

Google Eyes Acquisitions amid 27% Profit Hike in Q3

October 15th, 2009 | No Comments

Google reports third-quarter profit of $1.64 billion, a 27 percent boost from its profit of $1.29 billion in the third quarter of 2008. Google CEO Eric Schmidt stresses that Google will make acquisitions, large and small, and says the search engine hopes to get a test version of its Chrome Operating System out to developers later in 2009. Schmidt further claims Chrome OS is faster and more efficient than incumbent operating systems, including other Linux distributions and Microsoft Windows.
– Kicking sand in the face of the recession, on Oct. 15 Google reported third-quarter profit of $1.64 billion on
earnings per share of $5.13, a 27 percent boost from its profit of $1.29
billion on EPS of $4.06 in the year-ago period.
Google posted third-quarter revenues of $5.94 billion, 7 percent …

Google Loses Arthur Levinson amid Growing Competition with Apple

October 13th, 2009 | No Comments

Google board member Arthur Levinson steps down from Google’s board more than two months after Google CEO Eric Schmidt vacated his seat on Apple’s board. Schmidt and Levinson had come under scrutiny this year from the Federal Trade Commission, which was concerned that the men’s positions on both Google and Apple’s boards violated the Clayton Antitrust Act. The moves come as Google and Apple are opposing each other on the battlefields of mobile phones, and eventually, operating systems.
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Arthur Levinson, the former Genentech CEO who held
positions on both Google and Apple’s board of directors quit his post at Google
Oct. 13, severing another tie between Google and Apple.
The move comes more than two months after Google CEO Eric Schmidt resigned from his
post as an…

10 Google Services That Failed and Why

September 8th, 2009 | No Comments

When the economy went south in 2008, Google CEO Eric Schmidt talked openly about the need to curb the dark matter within Google. Over the next several months, Google lopped off Lively, Google Video, Google Notebook, and ad services such as Google Radio and Google Print. Why? The simple answer is these services did not pad the company’s bottom line. Google services need to strike a balance between helping the company make money and being useful for Web surfers. Here are eWEEK’s views about why Google slashed these applications and services.By Clint Boulton
– …

Analysts Torn on Whether Google-Apple Competition Is Heating Up

August 4th, 2009 | No Comments

Analysts debate the growing rivalry between Google and Apple in the wake of Google CEO Eric Schmidt’s exit from Apple’s board. Google and Apple compete in mobile operating systems with Android and iPhone, Web browsers with Chrome and Safari, and soon computer operating systems with Chrome OS and Mac OS X. How can the competition not be heating up? Maybe Apple should launch a search engine.
– When Google CEO Eric Schmidt stepped down from Apple’s board of directors Aug. 3, it
touched off a wellspring of questions.
How did it happen? Did Apple CEO Steve
Jobs boot Schmidt, or was it a mutual decision to alleviate regulatory
concerns? Maybe it was the Federal Communications Commission’s…

Google CEO Eric Schmidt Resigns from Apple’s Board

August 3rd, 2009 | No Comments

UPDATED: Citing the increased competition of Android with the iPhone and Chrome OS with Mac OS X, Apple said that Google CEO Eric Schmidt has resigned from Apple’s board of directors. The move comes just a few days after the Federal Communications Commission sent letters to Google, Apple and AT T inquiring why Apple denied the Google Voice application from its iPhone App Store.
– Apple CEO Steve Jobs said that Google CEO
Eric Schmidt has resigned from Apple’s board of directors, citing the fact that
Google’s Android mobile operating system and forthcoming Chrome operating system
compete with Apple’s iPhone and Mac OS X desktop computing OS, respectively.
Jobs said in a …

Google: Desktop Ads Are Powering Mobile Search on iPhones, Android Smartphones

July 20th, 2009 | No Comments

Google CEO Eric Schmidt claims online ads created for the desktop are powering mobile search ads and click-throughs. However, Google does not see mobile search eating up desktop ad share in the future. Also, YouTube is approaching profitability for the search engine. How? Pre-roll and home page branded ads.
– Lost in all the hullabaloo over YouTubes approach to profitability
following Googles second-quarter earnings call last week was that desktop ads
that Google tailored to the mobile search performance do better than ads
created specifically for mobile devices.
Thats what Google CEO Eric Schmidt to…

Legal Eagles Ponder Why Google CEO Eric Schmidt Lingers On Apple’s Board

July 18th, 2009 | No Comments

Despite the threat of Google Chrome OS as another competitive front versus Apple, and in the face of multiple protests from bloggers and pundits, Google CEO Eric Schmidt refuses to step down from Apple’s board of directors. Antitrust experts Gary Reback and law professor Eric Goldman express surprise at Schmidt’s staunch refusal, which may have to do with differences in how Google and Apple make money.
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The digital ink barely dried on Google’s blog post to announce the coming of Chrome operating system July 7, when journalists and bloggers ran stories suggesting Google CEO Eric Schmidt should remove himself from Apple’s board of directors for violating U.S. antitrust rules.
The argument renew…

Don’t Tell Eric Schmidt Google Won’t Make Money from Chrome OS

July 17th, 2009 | No Comments

Google CEO Eric Schmidt doesn’t rule out ad-supported and subscription services for applications built on Chrome OS, the search engine giant’s forthcoming operating system. The CEO handled several questions about Chrome OS, designed for cloud computing, during the second quarter earnings conference call. Chrome OS is an alternative to Windows and Apple operating systems.
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Google’s Chrome Operating System, the forthcoming Linux-based platform for
netbooks, will be released under an open-source license in 2010, but don’t tell
Google CEO Eric Schmidt that the company won’t make any money off it.
quot;We do not plan to charge for it, in an open-source…

Google Q2 Profit Rises 19% amid Weak Economy

July 16th, 2009 | No Comments

Google enjoys a small rebound in the second quarter, posting a profit of $1.48 billion on $4.66 per share, a 19 percent growth over the second quarter of 2008. Google CEO Eric Schmidt says Google is focused on innovation with the Google Chrome OS and the core search engine; these are two big weapons the search engine giant is wielding against Microsoft’s Windows operating system and Bing search engine.
– Rebounding from a lackluster first quarter, on July 16 Google reported a second-quarter profit of $1.48 billion on $4.66
per share, a 19 percent growth over $1.25 billion in profit on $3.92 per share
from the second quarter of 2008.
The search engine giant, which is fending off renewed competiti…

Retraining Wire and Feature Editors to Be Web Curators

May 2nd, 2009 | No Comments

If the wire editor and feature editor roles are becoming obsolete for print newspapers, as Steve Yelvington persuasively argues, then those editors should be retrained — or retrain themselves — as web curators. Rather than become obsolete, these editors could become essential to their news organization’s future on the web.
Steve observes:
On the Internet, we have [...]

Nervous About Link Journalism? Ignore Webâ€™s â€˜Cesspoolâ€™ And Tap Its â€˜Natural Springâ€™

October 13th, 2008 | No Comments

There are several reasons why most mainstream news organizations have been slow to embrace link journalism.
First, news orgs typically act as though other news orgs donâ€™t exist (blame long-standing notions of “owning” the news, and more recent unjustified fears of sending readers away). Second, news orgs had few mechanisms for breaking out of that walled-garden [...]

Will Algorithms Make Human Editors Obsolete? Not If Journalists Collaborate

October 9th, 2008 | No Comments

Will algorithms replace human editors on the web? It’s a bogeyman question on one level, but ask any news site about the percentage of traffic they get from search engines — and what the trend looks like — and you’ll realize that algorithms are increasingly deciding what we pay attention to, what is important, what [...]