It seems that the move may not have only ended Google's presence in China, but also Schmidt's tenure.
In a piece in the New Yorker, Googled Author Ken Auletta argues that the decision to pull Google (GOOG) out of China was the turning point for outgoing CEO Eric Schmidt in his decision to step down from the company's Chief Executive role.
According to close advisors, the Google C.E.O. was upset a year ago when MORESeth Weintraub - Jan 23, 2011 2:37 PM ET
It is safe to say that no one saw this coming, which may mean that there is some truth to Google's statements.
Every time there is change at the top of a company, customers, vendors, shareholders...just about everyone wants to know what happened. Often it isn't good news. But, buried in yesterday's management shakeup news, Google's (GOOG) earnings beat the street. Year over year growth was up almost 30%. Outside of Facebook MORESeth Weintraub - Jan 21, 2011 10:23 AM ET
Larry Page, the original Google CEO, gets his job back.
No one saw it coming. Sure the Google board, Larry Page, Sergey Brin and Eric Schmidt knew about the executive change-up bomb they were about to drop Thursday, but for most everyone else within Google (GOOG) and without, the news of Schmidt's departure as CEO came as a complete surprise. So was it a pleasant surprise?
The short answer is, not exactly. MOREMichael V. Copeland, Senior Writer - Jan 20, 2011 9:00 PM ET
Of all of the bargains in the history of tech, this might have been the best. And it was passsed on.
The story goes: In 1999, Vinod Khosla, the founder of Khosla Ventures (and eventual partner at Kleiner Perkins) got Google founders Larry Page and Sergey Brin to agree to sell the company to Excite for $1 million. Excite's George Bell wasn't interested.
After Excite CEO George Bell rejected Page and Brin's $1 million price MORESeth Weintraub - Sep 29, 2010 6:17 PM ET
Yes, the company is still growing at rates that would be the envy of the rest of the Fortune 500. But its core business is slowing, its stock is down, its Android mobile platform generates scant revenue, and competition (hello, Facebook) is fierce. Can Google find its footing in this brave new world?
By Michael V. Copeland with Seth Weintraub
Stroll across the Googleplex in Mountain View, Calif., and you are confronted MOREJul 29, 2010 6:00 AM ET
Investors (and Jack Welch) complain that Sergey Brin was acting from personal belief when he made the move. Of course he did. So does every CEO.
By Paul Smalera, contributor
Google watchers and investors are scrambling to make sense of the company's historic pullout from the Chinese market on Monday. The company's stake in technology, services and staff there likely ran into the hundreds of millions, if not billions of dollars. But MOREMar 25, 2010 11:22 AM ET
Fortune contributing editor David A. Kaplan and senior editor Roger Parloff got into a spirited email debate Wednesday: When it came to pulling out of China, was Google doing no evil or simply doing what was best for business? David suspected long-term profit: "By taking the action it did ... Google enhances its standing in the American imagination." Roger didn't much care about motive: "It would be like asking if MOREMar 25, 2010 11:05 AM ET
Jon and Michael debate the merits of Google (GOOG) pulling out of China over spying concerns.
>Ben Baer, Senior Producer - Mar 19, 2010 10:33 AM ET
Fortune's man in Shanghai offers perspective on the online ad giant's threat to end its China venture.
By Bill Powell, Senior writer
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You get used to seeing those words pop up on your computer screen when you live in China. MOREJan 13, 2010 10:56 AM ET
Imagining life at Bizarro Google.
On Wednesday morning Google (GOOG) CEO Eric Schmidt and co-founder Sergey Brin met with a group of reporters and talked about a number of issues, from the outages its Gmail service has experienced to its efforts to digitize books to the company's culture.
Schmidt repeatedly deflected questions about the competition, saying Google prefers to focus on, well, Google. (In response to a question about Microsoft (MSFT) CEO MOREStephanie N. Mehta, Deputy Managing Editor - Oct 7, 2009 3:54 PM ET
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