Eric Schmidt Unfazed by Apple and Facebook’s Growth

eric schmidt unfazed by apple and facebooks growthGoogle Inc Chief Executive Eric Schmidt rejected any notion that Apple Inc or Facebook presented a threat to the web search leader’s business.

Most people “assume that these are zero-sum games, which are battles to the death,” said Schmidt, who spoke with reporters in a one-hour briefing on Thursday at Sun Valley alongside Google co-founders Larry Page and Sergey Brin.

“The indications that we have show that when Internet users become Facebook users they actually do significantly more searches on Google,” Brin noted.

The executives declined to confirm media reports that Google is developing a new service called Google Me to compete with Facebook, which has grown to nearly 500 million users in its six-year history.

The trio addressed a variety of issues that have weighed on Google during a tumultuous year in which the company has emerged from the recession to face a shifting competitive landscape, increasing regulatory scrutiny, and major changes to its strategy in China.

Schmidt and Google’s two co-founders spoke to the reporters on the third day of the Allen & Co conference, the annual confab of media and technology executives at the scenic Sun Valley resort. Apple chief executive Steve Jobs was also invited, although he did not attend the event.

The relationship between Apple and Google, two one-time allies, has become increasingly tense as the companies face-off in markets such as smartphones and mobile advertising. Last year, Schmidt stepped down from Apple’s board of directors because of the overlap between the two companies businesses.

Apple’s Jobs recently told a conference that Google was responsible for the change in the relationship between the two companies because Google elected to compete with Apple’s iPhone by developing the Android smartphone software.

On Thursday, Google’s Page suggested that Jobs’ assessment was “a little bit of rewriting history.”

“We had been working on Android a very long time, with the notion of producing phones that are Internet enabled and have good browsers and all that because that did not exist in the marketplace,” Page said. “I think that characterization of us entering after is not really reasonable.”

But Schmidt noted that Google and Apple still have important partnerships in various businesses, and stressed that the market was big enough for both Google’s Android and Apple’s iPhone to be successful.

Google, which generated nearly $24 billion in revenue last year, reports second-quarter results on July 15.

While Schmidt did not provide any details on the company’s recent business trends, he offered a cautious outlook for the broader economy, noting that both the U.S. and Europe will have a “relatively long recovery, with ups and downs.”

Google said its forthcoming Chrome PC operating system was on track for release later this year. While the initial focus of the Chrome software is for netbook PCs, Schmidt said he expects there would also be tablet PCs based on Chrome OS, something that could help Google compete with Apple’s popular iPad. (Editing by Anshuman Daga)

Product Review

Google’s Pixel 3 is a hair away from pocket-sized perfection

Google’s Pixel 3 smartphone is the best Android phone you can buy. It doesn’t have the best looks or the best hardware, but you’ll be hard pressed to find better software and unique A.I. functionalities.
Home Theater

Google Chromecast and Chromecast Ultra: Everything you need to know

Google's Chromecast plugs into your TV's HDMI port, allowing you to stream content from your tablet, laptop, or smartphone directly to your TV. Here's what you need to know about all iterations, including the 4K-ready Chromecast Ultra.
Product Review

Mediocre battery and a big notch slight Google's otherwise perfect Pixel phone

Google’s Pixel 3 XL has two big flaws: The gigantic notch on the front, and mediocre battery life. That being said, this is the best Android experience you can find in a smartphone today.
Mobile

The 100 best Android apps turn your phone into a jack-of-all-trades

Choosing which apps to download is tricky, especially given how enormous and cluttered the Google Play Store has become. We rounded up 100 of the best Android apps and divided them neatly, with each suited for a different occasion.
Computing

Apple discontinues AirPort Extreme, Time Capsule as it exits Wi-Fi router business

Apple is now officially no longer in the router business. The company had already stopped selling the AirPort Express, and now its retail stores and websites have stopped offering the AirPort Extreme and Time Capsule.
Computing

Secure your Excel documents with a password by following these quick steps

Excel documents are used by people and businesses all over the world. Given how often they contain sensitive information, it makes sense to keep them from the wrong eyes. Thankfully, it's easy to secure them with a password.
Computing

Crypto hangover could take blame for Nvidia’s potential GeForce RTX 2060 delay

Nvidia's delay in announcing a ship date for its GeForce RTX 2060 GPU could be due to a burst in the cryptocurrency mining bubble. Executives blamed the crypto hangover for an oversupply of inventory on existing GTX 1060 cards,
Computing

Lost your router? Here's how to find its IP address to help track it down

Changing the login information for your router isn't always easy, that's why so many have that little card on the back. But in order to use it, you need to know where to go. Here's how to find the IP address of your router.
Computing

PDF to JPG conversion is quick and easy using these simple methods

Converting file formats can be an absolute pain, but it doesn't have to be. We've put together a comprehensive guide on how to convert a PDF to JPG, no matter which operating system you're running.
Computing

Save $900 on the ThinkPad X1 Carbon and more with Lenovo’s Cyber Monday sales

In the latest set of holiday sales, Lenovo is heavily discounting its fifth-generation ThinkPad X1 Carbon and other popular Windows laptops and 2-in-1s for the holiday shopping season.
Computing

Want to make one hard drive act like two? Here's how to partition in Windows

If you don't want all of your files stored in one place but only have one drive to work with, partitioning is your best way forward. Here's how to partition a hard drive in Windows 10, step by step.
Computing

Go hands-free in Windows 10 with speech-to-text support

Looking for the dictation, speech-to-text, and voice control options in Windows 10? Here's how to set up speech-to-text in Windows 10 and use it to go hands-free in a variety of different tasks and applications within Windows.
Computing

These cheap laptops will make you wonder why anyone spends more

Looking for a budget notebook for school, work, or play? The best budget laptops, including our top pick -- the Asus ZenBook UX330UA -- will get the job done without digging too deep into your pockets.
Smart Home

All the best Amazon Black Friday deals for 2018

Amazon may be an online-only retailer, but that doesn’t mean its Black Friday sales are anything to sniff at. In fact, due to its online status, Amazon has huge flexibility with the range of products and deals it can offer. Here's our…