Eric Schmidt gives intern-placement network InternInc a leg up
Google chief executive Eric Schmidt has given an undisclosed amount to launch InternInc.com, a relatively new social networking site designed specifically to help students connect with companies, their universities, mentors and others that can help them find the internships they need to build their resumes and find employment after graduation.
As for what motivated the decision, Schmidt said only that he wants to support the educational experience students gain from interning.
The site is entering the social… Continue Reading
Google’s Schmidt ditches increasingly awkward Apple board seat
Apple announced today that Google chief executive Eric Schmidt (pictured, right) has resigned from its board of directors. It’s a move that seemed inevitable, but may also confirm growing competition and tension between the former allies.
The relationship between Google and Apple, particularly the sharing of two board members (Schmidt and former Genentech CEO Arthur Levinson), drew scrutiny from the federal government earlier this year; Schmidt’s departure became even more likely after the announcement of Chrome… Continue Reading
Google’s Schmidt and Microsoft’s Mundie join Obama advisory council
President Barack Obama just brought leaders of two tech giants on-board as advisers to his administration: Google chief executive Eric Schmidt and Microsoft chief research and strategy officer Craig Mundie have both been appointed to the President’s Council of Advisors on Science and Technology.
Bringing on executives from both the king of traditional software and the company that’s been at the forefront of of web-based innovation seems like a no-brainer for any group that has the… Continue Reading
Roundup: Blind advocates want audio Kindle, Google CEO speaks to newspapers, and more
Here’s the latest action:
Advocates for the blind protest loss of text-to-speech on Kindle — Amazon gave publishers the option to disable the feature after the Authors Guild complained it would cut into audio book sales. In response, a group advocating for the blind protested outside the Authors Guild office in Manhattan today.
Google CEO tells newspapers not to piss consumers off — Eric Schmidt gave the closing keynote at the Newspaper Association of America’s conference, where he said:… Continue Reading
Roundup: Cuts at One Laptop Per Child, Yahoo takeover plans and more
Here’s the latest action:
One Laptop Per Child cuts 50 percent of staff — The group says it is refocusing its efforts and that the remaining 32 team members are facing salary cuts.
Investment group eyes Yahoo takeover — Silicon Valley executives and investment bankers are putting together a takeover deal that would be largely financed by debt from Microsoft, according to TechCrunch.
Google’s Eric Schmidt wishes he could save newspapers — But he says there’s no clear solution yet, and… Continue Reading
Roundup: Web data offers election insight, banks gets big bonuses and more
Here’s the latest action:
Web data offers new info on presidential election — It remains to be seen whether Barack Obama’s tremendous lead over John McCain in Facebook friends will lead to a similar victory on election day. Meanwhile, another study looks at which social networking sites are big in which swing states.
Google CEO stumping for Obama — Eric Schmidt says he’s speaking for himself, not Google, and that he has previously been an informal adviser to the… Continue Reading
Icahn issues a 5-point plan. Yahoo issues a 5-syllable response: Icahn is crazy
The back and forth between Yahoo and billionaire investor Carl Icahn, who is attempting to take the company over, is now arguably more entertaining than the formal letter wars during the whole Microsoft/Yahoo debacle.
Icahn recently got FTC approval to purchase a huge amount of Yahoo stock, putting him one step closer to a hostile takeover.
This morning, Icahn sent a letter to Yahoo laying out five steps of what he plans to do with the company… Continue Reading
Bigger than Beacon: Politician presses Google on privacy issues
Forget Beacon, the controversial new Facebook advertising feature that tracks what you buy on other sites, then sends that information to your friends on Facebook. Politicians are getting serious about bigger privacy issues on the web. Ranking Republican Rep. Joe Barton (Texas) is going after Google and its prospective $3.1 billion purchase of advertising network DoubleClick.
Yesterday, Barton sent a 24-question letter to Google chief executive Eric Schmidt, asking in detail about both DoubleClick’s and Google’s… Continue Reading
Google’s next advertising deal, DirecTV
VentureBeat is hearing that Google is negotiating an advertising deal with DirecTV, the nation’s largest satellite broadcast service with 16 million subscribers.
Dish, the nation’s second largest satellite TV company, announced a deal with Google last week. (VentureBeat was first to report the Dish deal a month ago).
This is just the latest move by Google to sew up the entire advertising world. Google is pushing into newspapers, magazines, radio, cable and now satellite.
The… Continue Reading
Web 2.0 week: IM-email integration trend, Google GPS, Google Ventures, Reality Digital & more
Roundup of a busy week:
Instant messaging and email are merging, Yahoo kicks it off — Yahoo will be integrating IM through its email, Yahoo executive Brad Garlinghouse revealed during the Web 2.0 Summit in San Francisco. In retrospect, we’re wondering why this trend hasn’t happened earlier.
Email is limiting, providing no way to see whether the person on the other end is present or not (that person may not want to show you they are present,… Continue Reading
Apple and Google alliance — makes sense given culture, goals
Apple has appointed Google chief executive Eric Schmidt to its board of directors, which is a no-brainer even if you consider only Schmidt’s experience and stature. On the face of it, it may look like just another one of those relationships that Silicon Valley is all about. This is a two-degrees-of-separation kind of place. Most big companies have these ties (Google already has Intel, Genentech, Stanford execs on its board, for example).
But this relationship looks… Continue Reading