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Leaders of the two major players, Apple and Google, are taking a back seat now at the same time. It'll be an interesting watch from here
The difference is that Google will be run by a founder (again). That's not the case with Apple, where no matter how its spun, Jobs leave is generally perceived as a negative. Given the way the Apple announcement was handled, it would not surprise me if their timing was in part to steal Google's thunder.
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I just think it's funny that they probably wanted Sergey to pick a standard big company management title for the press release, like "President of Products" or similar. He went with "Co-Founder".
Any standard big-company management title other than "CEO" or "Chairman of the Board" is beneath CEO level. "Co-founder" makes it clear what his position is: power without any official duties. Pretty sweet deal.
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But on the other side of the coin, this makes it a bit harder for Good Czar Larry to hide behind nasty old Eric Schmidt whenever Google does something inept or morally questionable.
well maybe that's the point?
Me thinks Eric Schmidt will replace Steve Jobs (for now) to restore confidence in Apple when Steve steps down.
Jobs will find a product guy to take over, and that's not Schmidt.
No mention if he keeps his role of Chief Dismisser of Privacy Concerns
Q: How does Google think generally about leveraging user data, both to better target ads and how to stay competitive with those like Facebook and Microsoft and Yahoo that are leveraging data possibly more so than what Google is today? And I think this is particularly relevant for using search data for your display business but, would love to get your thoughts on that.
Eric Schmidt: "We have a pretty strong opinion that we're not going to do very much of it. The reason is that we take our end-user data privacy incredibly seriously and the trust that people have with respect to giving us that information, both their search histories as well as other pieces of information, they get very upset, very, very quickly if we, in their view, misuse it.
"So, what we typically tell people is we're not going to do the kinds of things that you could do with this, in particular use it to generate sort of strange ads against your history and things like that, without your explicit permission. And we probably, in many cases, won't do it forever."
--Q3 2010 Earnings Call, October 14, 2010 http://www.123jump.com/earnings-calls/Google-Q3-Earnings-Cal...
This kind of quotation doesn't get press, but it's essential if you really want to get a balanced picture of what Eric says about privacy.
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But on the other side of the coin, this makes it a bit harder for Good Czar Larry to hide behind nasty old Eric Schmidt whenever Google does something inept or morally questionable.
well maybe that's the point?
Earlier quoted context omitted.
The difference is that Google will be run by a founder (again). That's not the case with Apple, where no matter how its spun, Jobs leave is generally perceived as a negative. Given the way the Apple announcement was handled, it would not surprise me if their timing was in part to steal Google's thunder.
That gives me a great idea. Woz for CEO!
Larry becoming CEO sounds like the same path that Bill Gates had. Found a company and become it's CEO. When it's time for the company to "grow up", bring in a well respected CEO who can structure the company for growth and stability while teaching the young founder. When the founder has learned the ropes he takes over again as CEO.
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What decisions made by Eric Schmidt would you consider "bad"?
I don't know about bad business decisions, but he certainly had a bad year for putting his foot in his mouth. And there's certainly no shortage of unpopular, not-classically-Google-like decisions (though thoroughly defensible business-wise) in the recent past: Buzz Privacy, StreetView WiFi debacle, Net Neutrality reversal, the WebM reversal, the Scan-First-Ask-Later library project and settlement process, etc. If we…