X
Business

How things change at Google

In an interview with PCWorld.com on January 30, 2002, Google CEO Eric Schmidt was asked if he wanted to be the next Yahoo.
Written by Dan Farber, Inactive
schmidt.jpg
In an interview with PCWorld.com on January 30, 2002, Google CEO Eric Schmidt was asked if he wanted to be the next Yahoo. His response: "What we do is search. Yahoo is a portal with a myriad of specialized services. What Google does is sufficiently limited. It's not really targeted at what Yahoo or AOL is trying to do. Our business strategy is not to compete, because we want them as customers." How things change.

Broadband blogger Om Malik reports (on Business 2.0) that Google may be building its own broadband network, and could potentially offer Wi-Fi access across America and use real-time data to deliver targeted ads. Today, Google is competing with Yahoo, AOL, Microsoft and now maybe the telecoms. Who's next? Ebay, Amazon, IAC/InterActiveCorp, Comcast, Apple?

Editorial standards