In Google Shake-Up, an Effort to Revive Start-Up Spark
SAN FRANCISCO — Google made the biggest management shake-up in a decade on Thursday, handing the reins of the company to one of its co-founders in an effort to rediscover its start-up roots.
Nati Harnik/Associated Press
Eric Schmidt, right, and Larry Page, in July. Read the story »
Google music store could launch this fall
Eric Schmidt, Google’s CEO is preparing to take on Apple’s iTunes. Schmidt visited with Doug Morris, Universal Music Group CEO (left) and Rolf Schmidt-Holtz, the Sony Music chief, during the Vevo launch party last December. Read the story »
Bharti now among global top 5
India’s Reliance in Informal Talks With AT&T
India’s Reliance Communications Ltd. and U.S. telecom giant AT&T Inc. have sounded out each other’s interest about a potential transaction in which AT&T would take a significant minority stake in the Indian cellphone company, according to people familiar with the matter.
The people characterized the informal discussions as very early, and cautioned that no deal is imminent, but said advisers and officials at the companies have been in touch in the past few weeks to explore the idea. Reliance, which is backed by billionaire Anil Ambani, said on Sunday its board has approved the sale of up to a 26% equity stake in the firm to raise cash for debt reduction and network upgrades. Read the story »
Publishers bet big on iPad
This doesn’t mean Apple’s tablet computer will live up to its hype as a potential lifeline for the media industry. Online ads still generate a small fraction of news companies’ advertising revenue, and it’s an open question whether print ads will return to what they totaled before the recession. Read the story »
Android Gets Layar 3.5 Update First
In your FACE, iPhone users! Layar’s latest update, 3.5, has been released first for Android phones. It includes the new ‘stream’ feature, which offers up augmented reality information based on your location, without a search entry needed. Read the story »