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Tag Archive: Eric

Google’s Schmidt Leaves Apple Board

Google

Apple has announced that Google CEO Eric Schmidt is resigning his position on Apple’s Board of Directors, owing to potential conflicts of interest as Google and Apple begin to compete in a wider number of businesses. Although Apple is not horning in on Google’s Internet search business, Google and Apple already butt heads on mobile phones (with the iPhone and Google Android), and Google’s recently announced Chrome OS will have the company’s competing on operating systems and (potentially) even computing hardware.

 Read more...

RealNetworks, MTV and Verizon Go After Apple and AT&T

The digital music battle just got a lot more interesting.

Granted, the Apple and AT&T partnership isn’t particularly strong. (AT&T is basically a new company with an old name and the relationship is really with Cingular, one of the least-liked of the carriers.) But on the other hand, when it comes to power in their respective areas, Apple and AT&T are unmatched in terms of scale and market share.  Read more...

BenQ Executives Arrested in Taiwan

Three executives of Taiwanese electronics company BenQ were arrested under allegations of insider stock trading involving the timing of stock sales and announcements of losses incurred by the now-defunct BenQ Mobile. Two of the executives were released on on bails of NT$5 million and NT$2 million (about $150,000 and $60,000 U.S. dollars) respectively, while the third, BenQ’s chief financial officer Eric Yu, was refused bail and remained in custody early Thursday.

The allegations stem from allegations that BenQ executives sold shares of the company stock just prior to announcing significant losses incurred by BenQ Mobile, the mobile phone business BenQ acquired from Siemens AG in 2005. BenQ Mobile’s share price plummeted after the announcement.  Read more...

Google CEO Joins Apple Board

In a development which underlines shifts in the software and Internet industries over the last few years, Google CEO Eric Schmidt has been elected to Apple Computer’s Board of Directors.

"Like Apple, Google is very focused on innovation and we think Eric’s insights and experience will be very valuable in helping to guide Apple in the years ahead,: said Apple CEO Steve Jobs.

"Apple is one of the companies in the world that I most admire," said Eric Schmidt. "I’m really looking forward to working with Steve and Apple’s board to help with all of the amazing things Apple is doing."  Read more...

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