Google Facts Zone Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Google Facts Zone

GOOG 284.78

+2.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: FJB	8/3/2009 2:43:35 PM
	1 Recommendation of 3618

Google's Schmidt quits Apple board Reuters (08/03/2009 9:04 AM EDT) URL: eetimes.com NEW YORK -- Google Inc. Chief Executive Eric Schmidt is resigning from Apple Inc's board of directors, Apple said, citing increased competition between the two leading technology companies. Apple CEO Steve Jobs said that with Google's recent unveiling of a computer operating system, "we have mutually decided that now is the right time for Eric to resign his position on Apple's Board. "Unfortunately, as Google enters more of Apple's core businesses, with Android and now Chrome OS (software for mobile phones and computers, respectively), Eric's effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest," Jobs said in a statement on Monday. Both Apple's and Google's shares moved higher in premarket trading after the announcement. (Reporting by Franklin Paul, editing by Maureen Bavdek)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next