Eric Schmidt September 14

AAPL: 115.31

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Eric Schmidt, executive chairman of Google parent company Alphabet, has made a thinly-veiled attack on Apple Music in a BBC op-ed on artificial intelligence. He described human-curated music selections as a decade out of data and an elitist approach.

A decade ago, to launch a digital music service, you probably would have enlisted a handful of elite tastemakers to pick the hottest new music.

Today, you’re much better off building a smart system that can learn from the real world – what actual listeners are most likely to like next – and help you predict who and where the next Adele might be … 

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Eric Schmidt September 3

AAPL: 110.37

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A class action lawsuit against Apple, Google and other tech companies for agreeing not to poach each other’s employees has finally been settled. Steve Jobs, Google’s Eric Schmidt and others had agreed in emails not to offer higher salaries to each other’s employees in order to reduce the risk of losing valuable employees. When the emails came to light, the 64,000 employees affected successfully argued that this had limited their earning potential.

After Apple’s originally settlement offers were rejected by Judge Lucy Koh as inadequate, the company increased its offer to $415M, which the judge agreed was fair. Reuters reports that Koh has now granted final approval of this sum.

Koh did, however, reject the $81M cut the lawyers in the case had demanded …  expand full story

Eric Schmidt February 13

We learned earlier this week that Tim Cook would be speaking at a White House cybersecurity summit today, and it now appears he will be the only tech CEO to do so. USNews is reporting that CEOs of other top tech companies all declined President Obama’s invitation, sending lower-ranking execs in their place.

Unlike Apple’s Cook, other top executives at key Silicon Valley companies declined invitations to the summit. Facebook’s Mark Zuckerberg, Yahoo’s Marissa Mayer and Google’s Larry Page will not attend amid the ongoing concerns about government surveillance. Facebook spokesman Jay Nancarrow said Zuckerberg is unavailable to attend and that Chief Security Officer Joe Sullivan will speak during a panel at the event.

It’s believed other CEOs consider refusing to take part to be the best way to express their objections to increased government surveillance of electronic communications, while Cook takes the opposite view: that it is important to speak up in defence of user privacy …  expand full story


Eric Schmidt October 2, 2014

Eric Schmidt September 24, 2014

Google Chairman Eric Schmidt and Jonathan Rosenberg are on their How Google Works book tour and they got the fun questions from Bloomberg.

At 5:30 in the video:

RUHLE: You mentioned smartphones. How do you feel in the last week when you drive by any Apple store, San Francisco, LA, New York, and there are people lined up around the block? So even though way more people carry Android phones, how does Apple have that desire factor?

SCHMIDT: I’ll tell you what I think. Samsung had these products a year ago.


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Eric Schmidt September 23, 2014

In his letter on privacy shared last week, Apple CEO Tim Cook contrasted the business model of Apple against that of its competitors while strongly taking a shot at Google, Gmail, and Android without actually naming the company and services. The infinitely entertaining executive chairman of Google and former Apple board member Eric Schmidt was recently asked by ABC News about Cook’s open letter on the company and privacy.

In short, Schmidt, who is making the media rounds to promote his upcoming book How Google Works, said Cook’s description of Google and privacy is incorrect, which you would expect from the Google chairman. But his first shot at debunking Cook’s claim was sort of out of left field (okay, as you also might expect): expand full story


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