schmidt

The high-tech glasses that allow wearers to view navigation data and record video won't be available to the wider public for another year. According to Google executive chairman Eric Schmidt, Google Glass won't reach the market until sometime in ... 2014. "We've just started distributing it to the first developers," Schmidt recently noted in an interview with the BBC. "It's fair to say there will be thousands in use over the months and there will be changes made based on feedback. But it's fair to say it's a year-ish away." (Source: computerworld.com ) That's disappointing news given the ... (view more)

Google executive chairman Eric Schmidt has warned that privately-owned drone aircraft could pose a threat to civil liberties. It's a somewhat ironic comment given Google's controversial Street View operations. Schmidt discussed the dangers posed by ... drones in a recent interview with The Guardian newspaper in the United Kingdom. Schmidt says such drones have a long operating range and can transmit data wirelessly to the person controlling them, even passing on live video footage from an on-board camera. At the moment, federal rules allow only approved law enforcement agencies to operate ... (view more)

Former Google chief executive officer and current executive chairman Eric Schmidt has been given the option to sell off almost half of his shares in the search firm. The company says that's no reason to be concerned, however. Until recently, Schmidt ... owned roughly 7.6 million Google shares, representing 2.3 per cent of Google's outstanding capital stock. That gave Schmidt roughly 8 per cent of the firm's voting power. Former CEO Stands to Make $2.5 Billion from Stock Sale However, late last year he adopted a new stock trading plan that opened up the option of selling an estimated 3.2 million ... (view more)

Google chief executive officer Eric Schmidt has offered a scathing assessment of Microsoft and its newest operating system (OS), Windows 8, in a recent interview. Talking with the Wall Street Journal, Google's CEO had this to say of Windows 8 (which ... launched October 26, 2012): "I have not used it, but I think that Microsoft has not emerged as a trendsetter in this new model yet." (Source: businessinsider.com ) Put another way, Schmidt seems to believe Microsoft and its products are offering far less of a challenge to Google than they once did. 'Microsoft No Longer a Key Player in Tech ... (view more)

In a recent interview with a European newspaper, Google executive chairman Eric Schmidt let slip that his company is planning to manufacture its very own tablet PC, with a release date pegged about six months from now. Although Google's Android ... mobile operating system (OS) is currently running on a number of tablets manufactured by other hardware companies (including Motorola and Lenovo), until now Google has not positioned itself as the manufacturer. The report comes after Schmidt's interview with Italian newspaper Corriere della Sera. During the exchange, the prominent chairman revealed ... (view more)

Google chief executive officer Eric Schmidt has stepped down from his post atop the search engine world and will be replaced by the company's co-founder, Larry Page. Schmidt won't be leaving the company, however, and is set to become its executive ... chairman. Google CEO Shuffle to Streamline Decision Making According to Google, the changes are intended to "streamline decision making and create clearer lines of responsibility at the top of the company." The 55-year-old Schmidt has been with Google since 2001. In his new post he'll focus more on making business deals and partnerships with the ... (view more)

Google CEO Eric Schmidt has quit the Apple board. His resignation came after the Federal Communications Commission (FCC) began investigating why Apple refused to carry a Google program in its app store. Schmidt's departure comes four months after ... another government agency, the Federal Trade Commission (FTC), began probing his role on the board . A 1914 antitrust law bans people from sitting on the boards of rival companies if they compete with one another. That was becoming more and more problematic as Google moved into its own browser and being heavily involved in the open source operating ... (view more)

The Federal Trade Commission (FTC) is investigating a pair of Google board members who fulfill similar roles with tech giant Apple. Such a set-up would be illegal if it in any way affects competition between the two companies. The investigation ... involves Google chief Eric Schmidt and fellow board member Arthur Levinson. Neither company, nor the FTC, have commented on the story, which recently broke through the New York Times. (Source: nytimes.com ) The FTC is reportedly looking into potential breaches of the 1914 Clayton Antitrust Act which bans people from sitting on the board of two ... (view more)

Google CEO Eric Schmidt announced that his company's top priority this year is to make the YouTube video-sharing site a more profitable enterprise through the introduction of new advertising strategies. In an interview that aired on CNBC on ... Wednesday, Schmidt said, "I don't think we've quite figured out the perfect solution of how to make money, and we're working on that. That's our highest priority this year." Google Inc.'s acquisition of YouTube in 2006 represented a $1.65 billion investment in the video-sharing site but internal earnings reports demonstrate that the purchase has yet to ... (view more)