Tag Archives: Eric Schmidt
YouTube To Spend $200 Million To Promote Premium Channels

On Wednesday night, YouTube hosted a huge event to inform advertisers that they are spending $100 million for their new “channels” as a way of bringing in premium content. Jay-Z, FloRida, Jennifer Beals, the Neon Trees, and Eric Schmidt were in attendance at the event. YouTube also announced that they will be spending $200 million on campaign across Google’s Content Network to push the channels.
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How Stanford Almost Expanded To New York City

Ken Auletta of The New Yorker wrote a hard-hitting piece about how there are no walls between Stanford and Silicon Valley. Many of Stanford’s alumni have built some of the largest technology companies in the world and the pressure to live up to that amount of success is high.
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Google’s Stock Split Will Cause The New Half To Not Have Any Shareholder Voting Power

When Google announced that they are splitting the company into two halves, it turns out that the newer half will not have any shareholder voting power. Google will be joining the likes of a liquor producer, home builder, and several other media conglomerates that are controlled by families. The current shareholders would have a new nonvoting share for every share they own. This will help Google CEO Larry Page, Google co-founder Sergey Brin, and Executive Chairman Eric Schmidt retain a lot of power.
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Google Execs Page, Brin, and Schmidt Offered $33 Million To NASA For Hangar To Cover Their 8 Private Jets

Google Inc. (NASDAQ:GOOG) executives Larry Page, Sergey Brin, and Eric Schmdit offered $33 million to refurbish NASA’s Hangar One. As a result, the three executives would essentially be leasing the space from NASA to park eight of their private jets in there. Page, Brin, and Schmidt made the offer through their H211 airplane operations company this past September. NASA has not accepted the offer as of yet.
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Facebook, Google, Yahoo!, Twitter, AOL, and eBay Oppose Proposed Legislation About Copyright Regulation

Google Inc. (NASDAQ:GOOG) executive chairman Eric Schmidt has been vocal about proposed legislation regarding online copyright regulation today and said that the PROTECT IP Act in the U.S. Senate and the Stop Online Piracy Act in the U.S. House of Representatives would censor the Internet. This bill is intended to combat pirated movies and music and allow copyright holders and law enforcement officials the ability to cut off websites.
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Google Offering Support To Firms Using Android Involved In Lawsuits

Google Inc. (NASDAQ:GOOG) will be offering support to companies that are involved in legal disputes over Android said executive chairman Eric Schmidt. Schmidt mentioned the support that Google will be giving to companies during a wrap-up as part of a three-city tour in Taipei. Schmidt also said that Google “wanted to serve China’s citizens within the limits the government allowed.”
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Google Chairman Eric Schmidt Tells Senate That Siri Could Be A Competitive Threat

Google Inc. (NASDAQ:GOOG) chairman Eric Schmidt has told the U.S. Senate antitrust subcommittee that the Siri personal assistant technology is a significant development in search and could pose a threat to Google’s core business. These comments were in the form of a statement to the subcommittee in response to questions from the senators after a September hearing.
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Shaker Raises $15 Million

Shaker is a virtual world startup based in Israel that has raised $15 million in a new round of funding. This round was led by Menlo Ventures’ Shervin Pishevar. Michael Arrington’s CrunchFund was already an investor in Shaker and they also participated in this round. Shaker was the champion at TechCrunch’s Disrupt conference.
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Eric Schmidt: Motorola Purchase Was Also Aimed At Acquiring Products, Not Just Patents

Google Inc. (NASDAQ:GOOG) Chairman Eric Schmidt recently had a conversation with Salesforce.com, Inc. CEO March Benioff about Google’s purchase of Motorola Mobility. Schmidt said that Google spent $12.5 billion on Motorola for more than just the company’s patents. Google also had an interest in Motorola’s smartphone products. “We did it for more than just patents,” said Schmidt. “The Motorola team has some amazing products.”
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DoNanza Raises $1 Million for Freelance Platform

DoNanza, a platform that helps freelancers easily organize their businesses, has raised $1 million in investments. Investors include AfterDox and Google chairman Eric Schmidt’s Innovation Endeavors fund. The funding will help the startup develop their current platform and add a new service for freelance promotion. [TechCrunch]