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Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.
Eric Schmidt
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Eric Schmidt
Age: 69
Born: 1955
Born: April 27
Art Collector
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Computer Scientist
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University Teacher
Washington
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Eric E. Schmidt
Eric Emerson Schmidt
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More quotes by Eric Schmidt
Show us 14 photos of yourself and we can identify who you are.
Eric Schmidt
I think I could argue that the press has more impact on politics than corporations.
Eric Schmidt
The average American doesnt realize how much of the laws are written by lobbyists.
Eric Schmidt
The characteristic of great innovators and great companies is they see a space that others do not. They don't just listen to what people tell them they actually invent something new, something that you didn't know you needed, but the moment you see it, you say, 'I must have it.'
Eric Schmidt
One of the unintended negative consequences of online advertising has been the loss of value in traditional classifieds. It's simply quicker, simply easier for an end user who's online, on a broadband connection, to look things up and to figure out what they want to buy.
Eric Schmidt
The core problem is that the world is full of people who would like to take 99 per cent of the information that's on the Internet, and eliminate 1 per cent. Everyone has their own thing they don't like.
Eric Schmidt
The policy of America to deny visas to technically trained people in the U.S. and shipped to other countries, where they create companies that compete with America, has to be the stupidest policy of all the U.S. government policies.
Eric Schmidt
The Internet is really about highly specialized information, highly specialized targeting.
Eric Schmidt
Bitcoin is a remarkable cryptographic achievement and the ability to create something which is not duplicable in the digital world has enormous value
Eric Schmidt
We have an opportunity for everyone in the world to have access to all the world's information. This has never before been possible. Why is ubiquitous information so profound? It's a tremendous equalizer. Information is power.
Eric Schmidt
If you thought when you got your job at 20 that it would never change you were misinformed. Retrain yourself to be curious.
Eric Schmidt
There is a science to managing high tech businesses, and it needs to be respected. One of them is that in technology businesses, leadership is temporary. It's constantly recycling. So the asset has limited lifetime.
Eric Schmidt
Brands are the solution, not the problem. Brands are how you sort out the cesspool.
Eric Schmidt
Success is really about being ready for the good opportunities that come before you. It's not to have a detailed plan of everything that you're going to do. You can't plan innovation or inspiration, but you can be ready for it, and when you see it, you can jump on it.
Eric Schmidt
There clearly are cases where evil people exist, but you don't have to violate the privacy of every single citizen of America to find them.
Eric Schmidt
The funny thing about advertising is that it's not a zero-sum game... Historically, in the digital ad world, pie has gotten larger and it's possible for everyone to win, and it's perfectly possible that will continue to be true for quite some time.
Eric Schmidt
When you use Google, do you get more than one answer? Of course you do. Well, that's a bug. We have more bugs per second in the world. We should be able to give you the right answer just once. We should know what you meant.
Eric Schmidt
The issues of wireless versus wireline gets very messy. And that's really an FCC issue, not a Google issue.
Eric Schmidt
In a networked world, trust is the most important currency.
Eric Schmidt
Google docs and spreadsheets don't work if you're on an airplane. But it's a technical problem that is going to get solved. Eventually you will be able to work on a plane as if you are connected and, then when you get reconnected to the Internet, your computer will just synchronize with the cloud.
Eric Schmidt