Eric Schmidt pulls out Googles wallet again
If Google is an indication of the economic state of the world we must be getting out of the financial crisis, probably even faster than we think. Google's stocks went up again, hitting the 500 dollar line, but more importantly: Google is planning on shopping again, a lot.
Schmidt clearly believes the economic state is improving:
"It's clear that the worst is behind us," he said. "What we see at Google is some level of improvement and what is more important is we see it not just in the United States but outside the United States."
In the interview he talked about several topics, including the new Google Doubleclick Ad Exchange. Schmidt believes Google could make a lot of money on that: "the exchange could be a very significant part of our revenue over some number of years because ad exchanges, when they are running, grow very, very quickly."
"I don't think we will make significant changes to the deal,"
Meettheboss made an interesting map of Google acquisitions (see below). Click on it to see the bigger format.
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