
Eric Schmidt on move forward
Published: 29 August 2008 08:33 GMT
The partnership to place some Google ads next to Yahoo!'s search results will go into effect by early October, Google chief executive Eric Schmidt told Bloomberg on Thursday, indicating the deal hasn't been derailed, at least so far, by antitrust scrutiny.
The companies gave themselves three and a half months to start the partnership when it was announced on 12 June, and Schmidt's latest comment indicates the deal is still on that schedule. That time period runs through about the first week of October.
Schmidt told Bloomberg Television: "We are going to move forward."
"We are in the process of talking to the government. They've not indicated one way or the other how they're dealing with us," he said of the antitrust scrutiny. "We always worry a little bit but we think our arguments are pretty strong...Yahoo! has made it very, very clear they're going to take the best parts of their network and ours and combine them."
The deal is the most prominent part of Yahoo!'s effort to become more financially successful. The internet company said it expects up to $800m in revenue and $250m to $450m in new operating cash flow over the first year of the deal.
Original article: Schmidt: Yahoo-Google deal set to start in October from CNET News.com
5 X Tradefloor Support Engineer, Bloomberg, Reuters, Application Support, FX - The City, London - 37k + Benefits We have an exciting opportunity to ...
Monthly management accounts including profit and loss and cash flow forecasts Responsible for defining and maintaining the companies IT security and ...
Responsibilities: Generate and implement strategic client work plans and linking reports Maintain contact with clients via telephone and email and ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Data Protection Strategies: Deduplication for More Efficient Backups
Dell PowerVault DL2100 Powered by CommVault - Spec Sheet
True Convergence Demands a Communication Service Provider that Embraces a Customer-Centric...
Learn how Performance Metrics for Telcomm Expense Management Drive new ROIs and SLAs
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Mark Crichard Doing business with citizen developers: Beware the legal pitfalls Legal Eye: Make sure your business is protected from potential hazards
Tim Ferguson How CIOs can achieve post-recession success Q&A: McKinsey & Company on living in the 'new normal' business world