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Today in Tech: Verizon iPhone ad, iPad 2 in April?

January 21, 2011: 8:10 AM ET

A curated selection of the day's most newsworthy tech stories from all over the Web.

Photo: Twitter

  • During Google's earnings call yesterday, the Internet giant announced that CEO Eric Schmidt is resigning his role to focus on being Chairman, making room for co-founder Larry Page to take over as CEO. Meanwhile, Sergey Brin's title will change to co-founder. "I am enormously proud of my last decade as CEO, and I am certain that the next 10 years under Larry will be even better! Larry, in my clear opinion, is ready to lead," wrote Schmidt in a company blog. (Fortune)
  • Google is also hard at work on a Google Offers, a Groupon and LivingSocial competitor. (After its $6 billion offer for Groupon was reportedly turned down, exec Marisa Mayer said as much.) (Fortune)
  • LinkedIn shares are being sold in an auction by secondary exchange SharesPost Inc. for $30 each, putting the professional network's value at nearly $3 billion. (Bloomberg) More
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