Rumors

Schmidt Out at Google?

From the department of speculation: Silicon Alley Insider’s Henry Blodget flags a rumor that Google CEO Eric Schmidt may be stepping down. What are the signs? Blodget notes that Schmitt is spending much of his time speaking about green-energy initiatives and auto bailouts—a sign he seems more invested in the Obama administration than in his company’s future. Schmidt may simply be bored at Google, or perhaps he doesn’t want to spend the time finding a revenue stream other than search. “Life at Google had apparently been so easy for so long that the folks at the top had stopped thinking about how to kill their competitors and started thinking about how to solve the world's energy problems,” Blodget writes. “Anytime that happens, the good times are likely coming to an end.”