• Three years ago I wrote memos talking about this general problem. I knew that I had to do something and I failed to do it. … A CEO should take responsibility. I screwed up.
• Google Chairman (and former CEO) Eric Schmidt • Speaking at the D9 conference, put on by All Things Digital, on the topic of Facebook. Specifically, Google’s failure to do anything to stop Facebook while he was CEO, or at least work together with them. It’s just one sign of many that Google is struggling to keep up with the fast-moving rise of social networking. Another example of this: Google Buzz — which just isn’t very good. Anyway, Schmidt also noted that there is a “Gang of Four” that’s currently defining the tech industry. Which companies are on the list? Google (of course), Apple, Facebook and Amazon. See what he did there? He just slighted Microsoft. source

Posted by Ernie Smith • Permalink