Tag: Eric Schmidt Sat, May 18, 2013
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Schmidt Testifies before Senate Committee
BusinessPolitics Sep 22, 2011, by Danny WoolGoogle’s Eric Schmidt testified before the Senate Judiciary Committee’s antitrust panel to respond to charges that Google was manipulating search results to favor its own companies.
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Schmidt to Testify before Senate
BusinessPolitics Jul 29, 2011, by Danny Wool
Former Google CEO Eric Schmidt will appear before the Senate Judiciary Committee Subcommittee on Antitrust, Competition Policy and Consumer Rights on Sept. 21. The hearing is entitled “The Power of Google: Serving Customers or Threatening Competition?”
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President Considering Schmidt as Commerce Secretary
BusinessNewsPolitics Mar 11, 2011, by Danny WoolGoogle CEO Eric Schmidt may be tapped by the Obama administration to replace Gary Locke as the next Commerce Secretary. Another possible candidate is former Pfizer CEO Jeffrey Kindler. If this is, in fact, the decision, it pits representatives of two of the country’s largest industries for the coveted cabinet position: high tech and pharmaceuticals.
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Facebook’s Face-to-Face with the President.
BusinessNews Feb 17, 2011, by Danny Wool
President Obama will be coming to Silicon Valley today to meet with local business leaders, including Zuckerberg, Schmidt, and Jobs. It’s a perfect match. Together the companies these three men represent have a market cap of over half a trillion dollars, and together with some of the other attendees at the meeting, there will be fabled amounts of money in the room.
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Page Replacing Schmidt as Google CEO
BusinessLocal Jan 20, 2011, by Josh Koehn
While announcing its fourth-quarter earnings Thursday, Google made the surprising announcement that Eric Schmidt will no longer be the company’s CEO. Co-founder Larry Page will be taking over the role as of April 4.
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Google Leaker Fired
Business Nov 11, 2010, by Danny WoolThe engineer who first leaked the confidential memo about Google’s raise for all employees has been fired. While Google refuses to comment on the issue, observers wonder how the company hoped to keep an across the board raise for 23,000 people a secret for long. Some are suggesting that the raise was an attempt to curb a brain drain to rival companies such as Facebook.
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It’s Good to Work for Google
Business Nov 10, 2010, by Danny WoolIn an email to Google’s employees, Eric Schmidt announced that the company has decided to give all of its employees a 10 percent raise and a $1,000 bonus, effective January 1. Schmidt explained the decision as a reward to “the best employees in the world.” Outsiders wonder whether it is an attempt to counter a growing brain drain at the company.
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