Eric Schmidt steps down as executive chairman of Google's parent Alphabet
23 December, 2017, 02:03 | Author: Lynne Higgins
Eric Schmidt, executive chair of advertising behemoth and Google parent Alphabet, has announced he is standing down from his 17-year role as the company's'adult supervision. He served as CEO until 2011, when he transitioned to become executive chairman, making way for Page to reassume the role. He won't be leaving entirely, however, as he will instead take on the role of "technical advisor" while also remaining a member of the board.
In a statement, Schmidt said that "Larry, Sergey, Sundar and I all believe that the time is right in Alphabet's evolution for this transition. The Alphabet structure is working well, and Google and the Other Bets are thriving", said Schmidt. Schmidt noted that he will continue o expand his work in technology issues, philanthropy, and science. That would seem to consolidate the power of the company's co-founders, Alphabet CEO Larry Page and Alphabet President Sergey Brin.
It is certainly an end of an era.
Mr Schmidt first joined Google as CEO back in 2001 when the company only had several hundred employees.
Schmidt also had a seat on Apple's board of directors from August 2006 until three years later when Google's ambitions for Android became problematic for Apple.
Meryl Streep's character killed off in Mamma Mia 2? The trailer features a slow, a capella version of " Mamma Mia ", the eternally ideal song, as well as one swell pair of overalls. The Movie are Academy Award® victor Meryl Streep as Donna, Julie Walters as Rosie and Christine Baranski as Tanya.
During his time at Google, Schmidt oversaw its growth into one of the world's largest companies, with revenue of $27.77 billion during the third quarter of 2017 and a market cap of $743 billion.
Schmidt has been marginalised over time at Alphabet through a combination of its changing leadership, the shifting political environment in the United States, and his own personal gaffes, according to people familiar with the company, who spoke on the condition of anonymity because they were not authorised to speak publicly. Considering the growing influence of the "Other bets" business unit in Google, this might not be the last time you hear from the man.
The group also owns the Other Bets unit, which includes the Waymo driverless auto business and the Project Loon WiFi-enabled weather balloon venture. In recent years, Schmidt has taken to philanthropy.
Ultimately, this move could help Google's public image.
The company is also in the midst of a nightmare with the European Commission.
The beloved eyecandy of Bollywood Taimur Ali Khan is all set to celebrate his first birthday on Wednesday 20th December. Also, she posted the pic of handsome baby Taimur with herself while giving a deep hug to Taimur.
Khan said the pediatric units "bear the brunt of the flu season", but they aren't "in a surge at this time". People with egg allergies don't have to worry about getting the flu shot , new government guidelines say.
Mourinho also confirmed that he is open to offloading some of his players when the January transfer window opens. "The Championship is now high-quality teams with lots of players who could be playing in the EPL easily".
She also criticised Streep for working with the producer and affecting "no real change", saying "I despise your hypocrisy". Posters of Meryl Streep with the words "She knew" across her eyes have been popping up in Los Angeles .
LG defines Nano IPS as "the application of nanometer-sized particles to the screen's LED to absorb excess light wavelengths". The 34GK950G has a 34-inch screen, again using the new Nano IPS technology, and it offers a QHD resolution.
They said at several places, votes got transferred to the BJP even though people had voted in favour of the Congress, he said. In the results declared yesterday, the BJP won 99 seats and the Congress party won 77 seats, out of the total 182.
Importantly, this announcement adds a new dimension to India's brutal food delivery war and Ola's ongoing cab rivalry with Uber. Indian ride-hailing app Ola has purchased the Indian operations of Foodpanda , the mobile food delivery firm based in Berlin.
There will be just more than 10 hours and two minutes of daylight in the city of Savannah; similar lengths for surrounding areas. The word "solstice" comes from the Latin word " solstitium ", which translates to " sun standing still ".
In the months since he joined the Cavs, Thomas has repeatedly referenced his motivation to get vengeance against Boston. McMenamin noted that a source said that Thomas won't play at all in any games before Christmas.
Police official Abdur Razaq Cheema told media that at least two attackers were able to escape and said that a search is underway. On the other hand, security forces' incompetence despite new tactical training and latest weapons is itself a question mark.
Korea For Widespread 'WannaCry' Cyberattack
The North Korean government has repeatedly denied any involvement with WannaCry and has decried allegations as a smear campaign. The country probably employs 1,700 state-sponsored hackers, backed by more than 5,000 support staff, according to ASPI.
EV Competition Heats up Between Chinese Startup and Tesla
The ES8, which starts at 448,000 Chinese yuan ($91,311) is half the starting price of Tesla's 836,000 yuan Model X in China. The ES8 electric SUV starts at roughly $68,000 Dollars , which is about half the price of a Tesla Model X in China.