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June 1, 2011 02:05 pm

Google's Schmidt Says He 'Screwed Up' On Social Networking

"Google chairman Eric Schmidt took responsibility for the search titan's failure to counter Facebook’s explosive growth, saying he saw the threat coming but failed to counter it." The same story (coverage of a May 31 conference presentation by Schmidt) also quotes him as saying, unsurprisingly, that cloud services will be 'the death of IT as we know it.'"

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/zlowH3Bf5Qk/Googles-Schmidt-Says-He-Screwed-Up-On-Social-Networking

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