Google CEO: Not Buying Newspapers

by admin May 21, 2009 at 8:06 pm

Search engine giant Google at one time considered purchasing a newspaper, according to a new interview with Eric Schmidt, chairman and chief executive of Google.

Speaking with the Financial Times, Schmidt admitted that his company had considered throwing its hat into the newspaper ring. Ultimately, the company demurred on any type of purchase, deciding it wouldn’t be right to cross the line between the content newspapers provide and the technology that Google brings to the table.

Schmidt told the Financial Times that there is a line and “we’re trying to stay on our side of it.”

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