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IPG's Roth Received 22% Pay Bump Last Year The company's compensation committee cited his efforts to identify potential successors from within to insure a smooth transition plan "in due course. " How to Save Local Newspapers » Newspaper Death Watch. How news will change in Google's eyes | Technology. When Google's CEO Eric Schmidt sat down on Thursday evening at the MIT in Boston, one topic that came up in the discussion with the audience was the future of news.
As was reported by several journalists, Schmidt appeared to have a lot sympathy for newspapers and magazines and, well, interest. This might be no surprise, since delivering the news in the future seems to be an issue that Google is brainstorming about. Their interest in news grew from a nice small idea that Krishna Bharat had about story ranking in 2001 to something which obviously keeps its CEO busy as it became a part of their future business.
Indeed, Schmidt talked of "about 10 news stream ideas" they have for the future of news. To answer that, we need to understand fundamentally how Google addresses the issue, which is very much in a technology-driven way. Always online: "...the reading will presumably be online not offline, just because of the scale of it. " Personalised: "It'll be highly personalised, right? Google CEO Eric Schmidt envisions the news consumer of the future. For all the bluster about Google as an enemy of the news industry, you might be surprised to learn that Eric Schmidt, the company’s CEO, is kind of a triumphalist for mainstream media, big newspapers, and print. He took questions from reporters this afternoon at Google’s offices in Cambridge, and I asked him, among other things, why Google News had recently begun attaching a “(blog)” label to some news sources — a move I criticized last month.
Schmidt resorted to bringing up bloggers’ moms: Me: A very small question. Google News very recently added a label for blogs, to differentiate from non-blogs. It seemed weird in 2009 to make that distinction. That is, for what it’s worth, not the distinction Google News is making: The “(blog)” label is supposed to be attached to any news published with blogging software. Schmidt: We have about ten news stream ideas, of which hyperpersonalization is one.
Schmidt: The first question: What percentage of news organizations will charge for content?