Google’s Schmidt Says He ‘Screwed Up’ in Social Networking
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Google Inc. Executive Chairman Eric Schmidt said he “screwed up” in the area of social networking when he was chief executive officer of the world’s largest Web-search provider.
“I clearly knew I had to do something and I failed to do it,” Schmidt said yesterday of his efforts to help the company excel in social media. “The CEO should take responsibility. I screwed up.” He was speaking at AllThingsD’s D9 Conference in Rancho Palos Verdes, California.