The online video site has added e-commerce links to YouTube partner videos so viewers can purchase related products.

In an interview in August, Google CEO Eric Schmidt said his company still hadn't figured out how to implement advertising on YouTube.

Now it appears that Google (NSDQ: GOOG) has some money-making ideas after all. On Wednesday, YouTube said that it has started to include e-commerce links with YouTube partner videos so viewers can purchase related products. YouTube's partner program is for those who make quality videos with commercial prospects; a significant portion of YouTube videos are not what advertisers want to be associated with.

Read more: informationweek.com 

Labels: e-commerce, Eric Schmidt, link, youtube

While Google is bracing for a fight with government regulators and rival Microsoft (NSDQ:MSFT) to get the stamp of regulatory approval for its advertising pact with Yahoo (NSDQ:YHOO), CEO Eric Schmidt Wednesday said that the search engine behemoth is moving full steam ahead with its plans.

The European Union in July launched its own investigation regarding potential antitrust issues and the effect the Google (NSDQ:GOOG)/Yahoo deal could have on the European Economic Area market.

Schmidt told reporters Wednesday that he thinks that the company does not need specific U.S. government approval, and that any delay will cause the search engines to lose money in advertising revenue. Schmidt also said he expects that the plan will be implemented around October 11.

The controversy surrounding the deal stems from Google's disclosure in June that it inked a non-exclusive advertising agreement providing Yahoo with access to Google's AdSense program for search and AdSense for content advertising programs on Yahoo's U.S. and Canadian Web properties.

Read more: crn.com 

Labels: Eric Schmidt, wedding, Yahoo

The partnership to place some Google ads next to Yahoo's search results will go into effect by early October, chief executive Eric Schmidt told Bloomberg on Thursday, indicating the deal hasn't been derailed — so far — by antitrust scrutiny.

The companies gave themselves three and a half months to start the partnership when it was announced on 12 June, and Schmidt's latest comment indicates the deal is still on that schedule. That time period runs through about the first week of October.

Read more: ZDNet.co.uk 

Labels: Eric Schmidt, Yahoo

Hearing the call of duty to fix the online ad business, Schmidt comments on publisher fears and a broad array of issues

We're not your enemy, we're your friend -- that's the message Google's Chief Executive Eric Schmidt said media companies should take home about Google. In an in-depth interview with Ken Auletta, The New Yorker's media reporter, Schmidt portrayed that by "fixing" the advertising system and bringing offline advertising online, Google is bringing advertising into the twenty first century and is doing what it takes to save advertising.

Schmidt reaffirmed his claim that Google wasn't out to just make money, but was trying to promote a greater good. He states that concerning publisher's problems with advertising, "It's a huge moral imperative to help here."

Full article: dailytech.com 

Labels: Eric Schmidt, Internet, Media

Google executives convened an emergency meeting last night to discuss the implications of a possible revived deal between Yahoo! and Microsoft.

The pair are understood to be negotiating a deal concerning the control of advertisements that are displayed next to internet search results, a market that is dominated by Google. The joint venture could be sealed in the next few days.

Speaking at the Google Zeitgeist conference in Hertfordshire, hosted by the internet company’s founders Larry Page and Sergey Brin, Eric Schmidt, the chief executive, said: “After this press conference the three of us will meet and decide what our response is.”

The three companies are fighting over online advertising, which is thought to be worth about $40 billion a year and is expected to double by 2010.

Read more: timesonline.co.uk 

Labels: Eric Schmidt, Larry Page, microsoft, Sergey Brin, Yahoo

Google CEO Eric Schmidt said yesterday that he still sees Microsoft as a potent competitor, even though its concerted and often acrimonious campaign to buy Yahoo now looks like it will pass into history.

"Microsoft has been a significant competitor with Google for a very long time," Schmidt declared, in a talk with reporters just before Google's annual meeting in the Silicon Valley.

"Microsoft is a very large competitor across all facets of Google for many reasons. Applications. Search. Advertising. Display. Microsoft is well funded, clever [and] smart -- and they have a lot of advantages nobody else has," said Schmidt, according to a "live blog" transcript from the press Q&A in California, posted by Rob Hof of BusinessWeek.

Read more: BetaNews 

Labels: Eric Schmidt, microsoft, Yahoo

WASHINGTON--Google Chief Executive Eric Schmidt on Thursday suggested NASA could learn a few things from his company.

Speaking at a luncheon series to commemorate the agency's 50th anniversary this year, Schmidt urged the space agency to take after what Google attempts to accomplish with its products: Build open, collaborative systems, not closed ones--a reference to NASA's legacy of creating mission-specific vehicles. Create simple platforms upon which others can build. And while you're at it, why not let spacecraft talk to each other?

"Isn't it obvious that spacecraft should have Internet on them, too?" Schmidt asked an audience of about 100 NASA officials, contractors, and Capitol Hill staffers, with the U.S. Capitol building barely visible in the snowy scene through the floor-to-ceiling glass panes behind him.

Full story: news.com 

Labels: Eric Schmidt, NASA, space

I was just getting used to Web 2.0.

Want to know what Web 3.0 is going to be about?

So did an audience member at the Seoul Digital Forum back in May when he asked Google’s CEO Eric Schmidt to define Web 3.0. Schmidt’s first response was that Web 2.0 is nothing more than “a marketing term” - which I partly agree with. I think Web 2.0 used in the mass media to create hype is a marketing term. But when I consider Web 2.0 from a user’s perspective (gotta watch this video as well), I can honestly see the difference from the web of yesteryear.

Full article: dmiracle.com 

Labels: Eric Schmidt, marketing, Seoul, Web, Web 3.0

Google's CEO Eric Schmidt took a swipe at Viacom Friday, saying the company was "built from lawsuits" and pointed to its litigious history. Schmidt's comments were made to reporters at a hotel bar at the annual Allen & Co. meeting of media moguls.

Viacom is currently suing Google subsidiary YouTube for $1 billion, claiming "massive copyright infringement." Both sides have failed to reach an agreement.

Read more: BetaNews 

Labels: Eric Schmidt, lawsuit, Viacom, youtube

Google's chief executive, Eric Schmidt, has acknowledged that providing applications and other services to business customers will be an important strategy for maintaining growth of the company.

Speaking at a press event in Paris on Tuesday, Schmidt responded to a question on how Google intends to maintain its phenomenal growth rates when the stream of ad revenues from old media to new media, which has sustained the company so far, begins to plateau. "Small businesses and universities are likely to become a significant business for Google as [they] use our leverage in terms of sales and infrastructure," he said.

Full article: zdnetasia.com 

Labels: business, enterprise, Eric Schmidt, Media

'Big Brother' row over plans for personal database

Google, the world's biggest search engine, is setting out to create the most comprehensive database of personal information ever assembled, one with the ability to tell people how to run their lives.

In a mission statement that raises the spectre of an internet Big Brother to rival Orwellian visions of the state, Google has revealed details of how it intends to organise and control the world's information.

The company's chief executive, Eric Schmidt, said during a visit to Britain this week: "The goal is to enable Google users to be able to ask the question such as 'What shall I do tomorrow?' and 'What job shall I take?'."

Full article: independent.co.uk 

Labels: database, Eric Schmidt, information, personal

New York Times' columnist and Pulitzer Prize winner Tom Friedman spent an hour chatting with Google CEO Eric Schmidt this morning at the Personal Democracy Forum (PDF.)

It was a casual conversation, and one of the most striking images that stayed in my mind was Schmidt's account of his own job interview with Google's founders, who had apparently data mined information about him, and projected the search results onto the wall as the interview commenced. The general point being made was Google's power to shape people's reputation, and how it will play out in general (unrelated) political processes.

Read more: Wired.com 

Labels: CEO, Eric Schmidt, interview, political

Why does Google become even more “valuable” day after day? That is not the $64,000 question, it is the $150 billion market cap question.

The Google CEO has the answer: “Network Effect,” big time.

The more information that goes into the “search” network, the more valuable it becomes, Eric Schmidt said in his Personal Democracy keynote Friday in NYC.

When Schmidt says the MORE information the better, he really means it.

Full article: ZDNet Blogs 

Labels: CEO, Eric Schmidt, Network

Search engine company Google has already made two huge acquisitions (YouTube and DoubleClick).

The company now aims to accelerate their acquisition spree for faster growth as they are sitting on huge cash reserves.

Google Chief Eric Schmidt said in a statement that they are going to make more acquisitions and some of them can be huge.

Read more: TechWhack 

Labels: acquisitions, company, DoubleClick, Eric Schmidt, youtube