If rumours are to be believed, crashing stock might not be Google’s only problem. Its CEO, Eric Schmidt, might be jumping ship too. According to a blog by Henry Blodget, co-founder of Silicon Alley Insider, Schmidt may be on his way to joining the Obama administration. Recently, Schmidt has been seen devoting much of his publicspeaking time to press for greenenergy stimulus plans, and discuss auto industry bailout. Technology, Media & Telecom Analyst speculates he is getting ready for a governmental position. Blogs have been putting up few interesting theories. One speculates that Schmidt wants out because he made an observation about the impending end of the search product cycle, and that Google has not yet found another product to drive the next wave of growth. What do you think?
Source: TOI, Page 14, Dated: 7-Dec-08
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