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Eric Schmidt: I ‘Screwed Up’ on Facebook

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Former Google CEO says he missed “friend thing.”

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Former Google CEO Eric Schmidt wasn’t making any excuses for the company’s social strategy. “I screwed up,” he told the D: All Things Digital conference Tuesday. He admitted Google had missed “the friend thing,” explaining "I clearly knew that I had to do something and I failed to do it." He noted that Google tried several times to form partnerships with Facebook but was rebuffed.

Read it at The Wall Street Journal

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