Reminds me of Microsoft's investment in Apple in 1997...
"There was some suggestion that Mr Gates may be anxious to keep Apple afloat to forestall a scenario where, following an Apple demise, a virtual monopoly hold by Microsoft on the software market would inevitably attract negative attention from fair competition regulators in Washington."
Well, an update to Office 2011 for Mac is being released to add skydrive integration. There are also rumors of iOS and Android versions that will be released, but I guess we'll have to wait and see what actually happens.
It's just like how Ballmer came out recently railing about how no stone would be left unturned competing with Apple and how MS responded to Linux in the early netbook era. For a global tech company these days you cede nothing. No matter how insignificant Bing may be compared to Google in actuality that doesn't mean Google can afford to go to sleep for a second and they won't.
Have you considered the possibility that Schmidt the man actually believes that Bing is competitive with Google and sees this as something to rally against? How is that lying* and spinning? I would consider an executive to be remiss to arrogantly assume that their product is better no matter what. The fact that Schmidt isn't slamming the Bing effort and is actually offering praise should be seen as a good thing. Which CEO was it that laughed at the iPhone when it was released? You seem to be consumed by hate.
*recoiledsnake originally had the word "lying" in his comment. I just noticed he edited that out.
the possibility that Schmidt the man actually believes that Bing is competitive with Google
From a results-based perspective, it more-or-less is. But actually capturing the market is hard to imagine. Search engines in general seem to be reaching the limits of filtering 5 billion pages based on 2 or 3 word queries.
Exactly. Never fully trust the public statements of a corporate exec – they're often smart enough (or stupid enough) to try to be manipulative, either internally or externally and public statements can play both of those sides.
http://cnnmoneytech.tumblr.com/post/10483503055/eric-schmidt...