Friday 29 March 2024
 
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Eric Schmidt

Google's Schmidt to sell 42pc stake

Google executive chairman Eric Schmidt is selling roughly 42 per cent of his stake in the Internet search company, a move that could potentially net the former chief executive a $2.51 billion windfall. Schmidt, 57, will sell 3.2 m

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Google chief sees outcome ‘soon’ in China row

Google expects an outcome soon from its talks with China over a censorship and hacking dispute, chief executive Eric Schmidt said at the ongoing Abu Dhabi Media Summit. Google threatened in January to shut its Chinese Google.cn portal and

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