Even before Google CEO Eric Schmidt officially endorsed Barack Obama, he was cozying up to the Democratic candidate. Take this interview in May, for example. What was Schmidt really thinking when this photograph was taken? Suggest a caption in the comments. The best one will become the post's new headline. Yesterday's winner: its_a_feature, for "Zack and Mari make a porno."
The FCC is having its own vote today, on whether or not to allow future wireless gadgets to operate in parts of the radio spectrum already in use by wireless microphones. Google is all for the new spectrum-sharing policy. Professional musicians and their audio engineers are dead set against it.In theory, smartphones will detect when a wireless mic is in use in the area, and not interfere with it. In practice, who are they kidding? New York City's Broadway League is campaigning to keep that part of the radio spectrum free for roughly 450 wireless microphones used in Manhattan's theater district. Out here, I'll be furious if Journey's next show at Shoreline is ruined when 853 Google employees check their mail during "Wheel in the Sky." (Photo by Getty Images/Justin Sullivan)
When did Eric Schmidt turn into such a wimp? When Google and Yahoo first proposed a deal to have Google sell search ads for Yahoo, Schmidt brazenly gave antitrust regulators a four-month deadline to review it. After that, Google would blaze ahead with the deal. The deadline came and went. Over the weekend, Google and Yahoo turned in a revised deal that they hoped would impress regulators. The bottom line: It is half as lucrative as Yahoo had hoped, generating $400 million a year rather than $800 million, limiting Google-sold ads to a quarter of Yahoo's search-related revenue. It's better than nothing, but it leaves Schmidt in a weak position the next time he wants to talk tough with the feds. Then again, maybe he's planning to dump Larry and Sergey for a nice, safe government job.
In exchange for his late-to-the-party endorsement of Barack Obama, Google CEO Eric Schmidt got a spot on Obama's prime-time infomercial last night. Note how Schmidt explains his decision, made only after Obama took a substantial lead in the polls: "When I read his economic plan and saw the people endorsing it, Warren Buffett, I thought, 'This is the right plan for America.'" In other words, Schmidt didn't endorse Obama until he saw it was popular with the right people, and might help Google get its search deal with Yahoo passed under an Obama administration. Brave! We still don't think you'll get that government job, Eric.
BoomTown reporter Kara Swisher rappelled from a skylight at Jerry Yang's secret hideout to score this draft copy of an ad, in which a bunch of tech bigwigs come out in favor of gay marriage — or at least in opposition to Proposition 8, a California state ballot initiative which would ban it. No Valley company in its right mind would be seen opposing gay marriage, so why bother?Right: Because it's an awesome branding opportunity. The draft is a self-parody of corner office drama, full of Honorary Co-Chairs, Leaders, and Former CEOs. But the real story is: Who's missing? Sergey Brin and Eric Schmidt are here, but not Larry Page. Twitter's Ev Williams is here, but not Digg's Kevin Rose. Federated Media: Present. TechCrunch: Absent. Mark Zuckerberg is not here, but Sheryl Sandberg pulled a John Hancock: She's right up top, where Owen can't miss her. Oh, look, she's trying to make nice! She's going to be sorry.
Yahoo's deal to outsource some of its search advertising to Google continues to face scrutiny on Capitol Hill. Google CEO Eric Schmidt had said he'd carry out the deal whether or not regulators had finished their review. Regulators called his bluff, and America's CTO has now lost face, not to mention credibility. Why not just bow out and move on? That seems easier.
Let's face it: Google's every attempt to venture outside its holy circle of search and ads has been a financial nonstarter. So is it thinking about getting into the energy business? Yes. Read between the lines in CEO Eric Schmidt's statements to the New York Times. "Our primary mission is one of information," he says. "As to whether we will be in these other businesses, we will see.” See? When a project is some years off, America's CTO out-and-out lies. Remember how he denied, for years, that Google was working on a Web browser, and then presto ta-da, Google Chrome emerged fully formed from the forehead of Sergey Brin? Right. So if Schmidt is merely ditherating about the idea that Google could play in the energy business, you might as well be getting utility bills in your Gmail tomorrow.
"A space-age structure that could be the greenest office building of all time." "A living building that has no carbon footprint." That's the spin. So is this: Google spokespeople are telling reporters that plans are on hold. Charleston East, site of Google's planned superplex, used to be a parking lot for Mountain View's Shoreline Amphitheater, just up the road from Google's main campus Now the lot is idle, pending a bunch of paperwork by the city. But here's the truth: The building was planned when Google was growing by more than 100 employees per week worldwide. Last quarter, it added 500 Googlers to its ranks — about 40 a week. That's why Google has shuttered a café. There's green, and then there's green. Eric Schmidt, America's CTO, is not thinking about the tree-hugging kind right now.
Larry, Sergey, and Eric have a fighter jet, and you don't. They also have a sweet place to park it: Moffett Field, the airstrip closest to the heart of Silicon Valley. Even Oracle CEO Larry Ellison has to get chauffeured down to San Jose to board his private plane. Remind us, how did the Googlers get such a sweet deal?Last year, Google struck a $144 million deal to lease land from Nasa's Ames Research Center at Moffett Field, for future office space. Separately, but not coincidentally, Larry Page, Sergey Brin, and Eric Schmidt, through a company called H211 LLC, struck a deal with Nasa to lease a hangar at Moffett Field for their growing fleet of private jets. Why on earth, or in space, did the Googlers get parking privileges at Moffett? Nasa and Google came up with a great spin: The jets would be available to fly scientific missions. Larry and Sergey got to geek out, thinking their party plans served a higher purpose — while saving hours commuting to and from SJC or SFO. One small hitch, Miguel Helft reports in Bits: Using the party planes for scientific missions required tinkering with their electronics. And changing anything about the planes required new FAA certifications. This may explain why Larry and Sergey pulled their party plane from a recent Nasa mission. We know it wasn't out for repairs — around the same time, they used it to ferry guests to and from Gavin Newsom's wedding. Hence the Dornier fighter jet, which is deemed an "experimental" plane, and which will now satisfy H211's space-mission duties. But that leaves the Googlers and Nasa in a rather unsatisfying position. When the Googlejets were flying for Nasa, they had a reasonable excuse for parking them at Moffett Field. But the purchase of a special plane to run space missions leaves Larry and Sergey's party-plane fleet used solely for civilian purposes. What are they doing at the field? Why, satisfying a quid pro quo, like they always were. This latest twist on Larry and Sergey's lease just makes it more obvious.
There's a new party plane at Moffett Field. Not another boring Boeing — this one's a Dornier Alpha Jet, a German/French built fighter plane that seats two. The New York Times is updating its report faster than I can retype, so I'll skip NASA's phony backstory and cut to the facts: "It is not clear who exactly owns or flies the fighter jet. Mr. Schmidt is an avid pilot." I'd love to replace this Wikipedia stock photo with shots of the real thing. Pics or it didn't happen, right?
Yes, Google has laid off employees before. But those were DoubleClick employees. America's CTO, Eric Schmidt, managed to cull any deadwood from Google's Mountain View campus without it becoming a hot story. This time it's different, writes one of my leakers, and all the smart people can smell it. Here's the algorithm:
"All of us are vulnerable,'' Google CEO Eric Schmidt told a Bloomberg reporter yesterday . "It's a race between a contraction in advertising, which would affect everybody, and a very positive shift from offline to online." Carly Fiorina couldn't have said it better. This photo of Squirrel Boy with Barack Obama and PepsiCo Chairwoman and CEO Indra Nooyl is a bit stale — July 28 — but it makes the point: Schmidt has what Tom Wolfe called the right stuff to lead geeks. Try to picture Larry and Sergey in that room as the co-heads of U.S. technical preparedness for a terrorist attack. Vint Cerf, maybe, if he ever ships a project more tangible than Net Neutrality. (Photo by Chip Somodevilla/Getty Images)
Today was your last day to register to vote in California. Coincidence or not, today was also the day Google CEO Eric Schmidt decided to stump for Barack Obama. Is Schmidt trying to sway undecided voters, or just aiming for a government post? Either way, today's featured commenter, Churchill, explains why this wouldn't work:
The Wall Street Journal has an 800-word report this morning announcing Eric Schmdt's plans to "hit the campaign trail this week" for Barack Obama. Blah blah blah natural evolution, Google is officially neutral, "I'm doing this personally," says Schmidt, a week after self-appointed Internet Co-Founder Vint Cerf came out of his own Obama closet. What does Schmidt really want? It's buried at the end of the WSJ's report:
CEO Eric Schmidt botched Google's $1.65 billion acquisition of YouTube. Under his misguided traffic-first strategy, the online-video site has seen off would-be rivals, but failed to grow a business. When he decided, rather late, to make revenue a priority, he wasted time looking for a magical new ad format. (The one result of this effort, YouTube's InVideo ads, which are overlaid over a video as it plays, seems to be a complete failure.) Now, YouTube cofounder Chad Hurley admits there is no "silver bullet." YouTube has abandoned one of its shibboleths — that viewers are turned off by "preroll" ads which play before a clip — and is experimenting with a number of moneymaking schemes.There's more than a hint of desperation around YouTube's scramble. And that's as it should be. Google, in its early days, scrambled around for a business model; at one point, it thought it might do enterprise software, which is how it ended up with Schmidt, a former computer scientist, as a CEO. Mistakes happen. And that's the point: YouTube needs to make mistakes, lots of them, fast. Google's advertising business is, for now, gushing cash, giving YouTube some room to maneuver. But shareholders are not infinitely patient. The more ways YouTube tries to make money, the better the odds it will happen on something that works. It needs to carefully measure what's working, and tweak its efforts. This kind of mind-numbing lather-rinse-repeat gruntwork is actually something Google is good at; feed its engineers data, and they'll come up with an algorithm for success. What Google can't afford to do is waste time chasing some impossibly elegant solution which springs, full-grown, like Minerva from the skull of Google god-king Eric Schmidt.
"Brands are the solution, not the problem. Brands are how you sort out the cesspool," Eric Schmidt told an audience of magazine publishers assembled at Google yesterday. Wait, what happened to the magic Google algorithm that reverse-engineers our reputations? Does it now rank pages by brand, too? I hope so, because when I Google myself at midnight all I see is Valleywag, Valleywag, Valleywag. I'd like to believe Google knows something my agent doesn't. (Photo by AP/Phelan M. Ebenhack)
After Google CEO Eric Schmidt insisted for months that a partnership to have Google sell ads on Yahoo would launch on time, regardless of the status of the government's investigation, he has now delayed it. That's the news. What's not news? That Schmidt lies whenever it's convenient to him. Remember how he said Google wasn't developing a Web browser. [BoomTown]
YouTube will now run a post-roll commercial after you watch a clip if you don't click on the overlay advertisement that pops-up on partner videos. It's the kind of exciting, innovative thinking from re-hire Ben Ling, who was brought back into the Google mothership to figure out how to turn YouTube's revenue deficit frown upside down. It's also the kind of thinking that YouTube once attempted to scientifically prove users didn't like, but not the kind of thinking that Eric Schmidt has been telling anyone who will listen. The news also comes on the heels of YouTube's release of "hot spot" tracking — so you can better craft your narrative to make sure people stick around long enough for the commercial to play. (Image via NewTeeVee)
Last week's opening gala for the new Renzo Piano-designed California Academy of Sciences building in Golden Gate Park was graced by Google CEO Eric Schmidt actually with wife Wendy Schmidt and Shawn Byers with Kleiner Perkins Caufield and Byers VC hubby Brook Byers. The Byers even had accessories crafted from the San Francisco Chronicle's funny pages. Care to craft a better headline? Leave it in the comments and we'll judge the entries harshly, promise. Yesterday "BoothRank == 0" from Athletic Supporter v0.42beta evaluated to true. (Photo by Catherine Bigelow/7x7)
Loic Le Meur! Gabe Rivera! Joi Ito! Don't feel bad if you've never heard of them. BusinessWeek.com's latest 25 Most Influential People on the Web is a mashup of billionaire powerbrokers with a randomized handful of those folks you run into at that same little tech conference that happens under a different name every month. I'm guessing they left out TechCrunch's Michael Arrington to create buzz. If you don't want to click through 27 pageviews on BusinessWeek's site, here's the entire list in alphabetical order:
