Google’s executive chairman Eric Schmidt, the company today reported in an SEC filing, plans to sell about 3.2 million of the Class A common stock he currently owns through a stock trading plan, which would reduce his share in the company by about 42%. At Google’s current stock price, this transaction would be worth about $2.5 billion. → Read More
Everyone loves a coupon, especially around the holidays. As one would expect, over the last few years, the growth of eCommerce and the growing penetration of mobile devices has led to staggering growth in digital couponing. A study conducted by eMarketer last year, for example, found that over 88 million people in the U.S. used or claimed online coupons in 2011. → Read More
Google’s TOP SEKRET Google Zeitgeist event took place this week in Arizona. The company has released a series of videos from the event, featuring such speakers as Eric Schmidt and current Google CEO Larry Page.
Topics consisted of “The World” and exploration, Google’s strong areas. → Read More
Yep. This really happened on a recent Asian business trip to help launch the Nexus 7. Good for Schmidt. Homeboy knows how to have fun. Next up, Steve Ballmer doing the Macarena. → Read More
Flashback to December 6, 2011: Google Chairman Eric Schmidt is on stage at LeWeb in Paris and is asked by an audience member why most application developers still choose to develop for iOS first rather than Android? Schmidt’s response:
“Six months from now you’ll say the opposite. Because ultimately applications vendors are driven by volume. And the volume is favored by the open approach… → Read More
Just a few days after the Galaxy Nexus landed in the United States, it appears that Google’s next foray into the consumer electronics space may be a little bigger. According to Italian newspaper Corriere della Sera, Google’s Eric Schmidt has let slip that Google plans to throw its considerable weight behind a tablet within the next six months. → Read More
A surprising piece of news was buried in an article this week. Friday, The Mercury News reported the three top executives at Google, Larry Page, Sergey Brin and Eric Schmidt, are offering to pay $33 million to finish the restoration of the historic airship hangar at Moffett Field. The giant structure, built in the 1930s and called Hangar One, sits a few miles from the Googleplex and it’s well… → Read More
“Six months from now you’ll say the opposite. Because ultimately applications vendors are driven by volume. And the volume is favored by the open approach that Google is taking.”
That was Google Chairman Eric Schmidt speaking at LeWeb a couple days ago. Specifically, he was addressing a question from the audience wondering why most big application developers are still choosing to develop for… → Read More
Microsoft may be preparing for a big Mango push here in the States, but the Wall Street Journal reports that Google chairman Eric Schmidt recently took them to task at a press conference for claiming that Android devices infringe Microsoft-owned patents.
“Microsoft is not telling the truth on this issue, and they are using tactics to scare people because they are scared of the success of… → Read More
Even though Larry Page has been CEO of Google for just about 6 months now, he hasn’t been as visible as many other high-profile CEOs. In fact, the most we’ve heard from him has been during earnings calls. But today during Google’s annual Zeitgeist conference, Page took the stage to address the audience. Watch the entire 45-minute talk above.
Page talked about a range of things — everything… → Read More
The Gillmor Gang -— Robert Scoble, Dan Farber, John Taschek, Kevin Marks, and Steve Gillmor — calmed down after a week of Dreamforce, the annual salesforce.com user conference. As the editorial independence of TechCrunch is questioned, let us be clear that Dan Farber is editor in chief of CBSNewsOnline, Robert Scoble is Chief Scobleizer Officer of Rackspace, and the rest of us are… → Read More
Eric Schmidt, Google’s Executive Chairman and former CEO, took the stage at the Dreamforce conference in San Francisco today to talk about a host of topics, including the success of Google Apps, his feelings about Steve Jobs, Google’s recent acquisition of Motorola, with the conversation with Salesforce CEO Marc Benioff even ranging into Schmidt’s thoughts on the current landscape facing the U.S. → Read More
During conversation with friend yesterday (in which he was trying to figure out how he would hypothetically accept payments for a pizza he delivered via mini-drone helicopter) I realized how dinky our current mobile payment options are; Should he attach a iPhone and Square dongle to the delivery box? Make customers sign up for Venmo? Set up a PayPal account and/or only deliver to people who have… → Read More
Google Executive Chairman Eric Schmidt sat down and talked to reporters at the Sun Valley conference in Idaho last week, dropping all sorts of science about Google +, Google China and whether or not we are in a tech bubble, among other things. One of the most interesting nuggets of info relayed was the fact that Schmidt could envision startups wanting to build on top of the Google+ platform, which… → Read More
What do Lady Gaga and Google Executive Chairman Eric Schmidt have in common? Well according to a very interesting piece in the New York Times by former TCr Evelyn Rusli, they’ve both invested in Backplane, a new startup founded by Lady Gaga’s business manager Troy Carter.
Schmidt’s Tomorrow Ventures and Gaga have partnered up to finance Cartier’s still in stealth startup, with Gaga being a 20%… → Read More
It was a surprising way to kick off a technology conference at a moment in time where any piece of news– big or small– cues up the BUBBLE-OR-NOT Greek chorus of wailing and chest beating. Tech valuations, while almost universally sky-high, are nowhere near as high as the paranoia that we’re in a bubble. Or worse: The fear that you aren’t on the record having called this one out. A lot of tech… → Read More
It was only this past December that local business guide Backyard launched, backed by a few big-name early-stage investors. Now, less than five months later, they’re exiting and providing a nice, quick return for those investors.
PixelFish, a creator of local video marketing solutions for businesses, has snapped up Backyard in a deal that is roughly half stock and half cash, we’ve learned. The… → Read More
TomorrowVentures, the investment firm founded by Google chairman and former CEO Eric Schmidt has partnered with Digital October, a Moscow, Russia-based tech startup incubator.
According to local reports (via Quintura blog), Schmidt’s investment vehicle will team up with Digital October, a center in the heart of Moscow established by billionaire Mikhail Abyzov (chairman of Russian business group … → Read More
All great CEOs have presentation secrets. Apple CEO Steve Jobs says “boom!” a lot — and other superlatives. Microsoft CEO Steve Ballmer loves to repeat certain words three times — often while clapping his hands. But what about departing Google CEO Eric Schmidt? What’s his secret?
It’s the use of the word “literally”, literally. → Read More
In the closing keynote of the DLD Conference in Germany, soon to be former Google CEO Eric Schmidt took the stage, notably less than a week after passing on the reins of the company to Google co-founder Larry Page.
These are my live notes from the keynote: → Read More
On May 1, 2002, two men took the stage at a Stanford University event to answer some questions about their startup. The startup? Google. The two men? Eric Schmidt and Larry Page.
That was less than a year after Schmidt officially became CEO of the company, taking over the role from Page. Yesterday, after a decade of success, the two announced they would be switching back. And while some answers… → Read More
We’re still digesting the huge news today that co-founder Larry Page will be replacing Eric Schmidt as CEO of Google on April 4. It’s a move that no one saw coming — or did they? After reading over his statements and listening to his comments during the earnings calls, Schmidt does give some insight into the move.
Most notably, Schmidt says that he got together with Page and fellow co-founder… → Read More
Google has just announced their Q4 2010 results. Oh, and they announced that co-founder Larry Page would be replacing Eric Schmidt as CEO on April 4. Obviously, the earnings call is going to be interesting.
Find our live notes below (paraphrased):
Eric Schmidt: Thanks everyone for getting on our call. We jumped on to talk about the other announcement this afternoon. We had a very strong quarter… → Read More
Google has just announced their Q4 2010 earnings. Looking them over quickly, they look good. But that’s the secondary story right now. The bigger story is that Google has just announced that co-founder Larry Page will be replacing Eric Schmidt as CEO of the company. This transition will take place on April 4, Google says.
Schmidt will take the role of “Executive Chairman” and will focus on… → Read More
Today at Web 2.0 Summit in San Francisco, Google CEO Eric Schmidt took the stage for a Q&A with hosts John Battelle and Tim O’Reilly. One topic: Google TV.
Specifically, the hosts asked about the backlash Google TV is now seeing from some of the major U.S. television networks. While saying he didn’t want to speak for them, Schmidt noted that this is the first time someone has tried to do this… → Read More
Earlier this evening, Henry Blodget of Business Insider reported that a “loyal reader” told them that Google was giving all employees a $1,000 holiday cash bonus and a 10 percent raise starting on January 1, 2011. If true, that’s a very significant gesture likely to the tune of well over a billion dollars (though dampened a bit by a roll back of certain other bonuses). Usually with these types of… → Read More
Earlier today, Google announced their Q3 earnings. And they were good. Really good. But that doesn’t mean that questions still don’t linger about the company going forward. Namely, how are they going to make money off of something besides text-based search advertising?
Google’S position is that they already are. Today they shared three key numbers to show how well three other areas of their… → Read More
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