Google's Schmidt spars with senators Video
Google's Schmidt spars with senators Video Transcript
-This a chart that reflects the results of study comparing the search rankings of 3 popular price comparison sites, and those of Google shopping. Now, the 3 popular price comparison sites results are depicted in various shades of green and they Google results are depicted n red. These particular data points were gathered in April of this year and the represent the ranking results from 650 shopping related keyword searches while next tab price grabber and shopper all show significant variation. Ranking first for some and near 50th for others. Google has a very consistent rate of success. Google shopping ranked third in virtually every single instance. So, to be clear, your testimony a moment ago that these Google shopping rankings almost exclusively in the third spot are in fact the result of the same algorithm as the rankings for the other comparison sites? -There's a conflation of 2 different things going on in the study, which I've not seen, so I should not come beyond that. There's a difference between sites that do product comparison and sites that offer products themselves. Google product search is about getting you to a product, and so we tend to look for the product as opposed to the product comparison in this particular case, which is why the product is more highly ranked from the result of product comparison site. If you did the same study with all of the other product sites you would find a very different result. -Okay, okay, if we call this a product search. If we call the result a Google product result that is not subject to the same algorithmic search input that brings about the other organic algorithmic search results. -Again, I'm sorry, I may have confused you and I apologize. We do product search ranking, things like the companies that are mentioned there are price comparison shopping. They are different animals if you will. They do different. They are important. They do different things. Google product search is about searching for specific products. In that sense, product search does something similar to what price graph or next stuff and shopper does, which is why the confusion exist. It's not a-- It's an apple to oranges comparison. -Why is it that they are always third? I mean, it seems to me that this is an uncanny -Well, again I-- -statistical coincidence if we can call it that third every single time. I mean, there are few outliers where you're first or you're third or you're fourth. You're also interestingly enough occasionally eleventh. You're never twelfth. You're certainly never fiftieth or anything close to it and yet everyone of those others will find themselves everywhere along the spectrum, everywhere. You're always third almost every time. How do you explain that? -Well, again, I'd have to look at the specific results as we ranks-- -Oh, we've got the result right here, just let me now. -I need to see-- I'd actually need to see the technical details to give you a direct answer, but in general what's happening here is your having product comparison sites and the results are being compared against Google answers, which are products and the 2 cannot be properly compared and that's why, I think, you're seeing such a strange result. Okay, okay. It seems to me for whatever it's worth. When I see this, when I see you magically coming up third every time that seems to me that. I don't know whether you call this a separate algorithm or whether you reverse engineered one algorithm, but either way, you've cooked so that you're always thirds. Let's move on. -Senator, senator, may I simply say that that I can assure you we've not cooked anything. -Well, okay. You have an uncanny ability and an uncanny natural attraction to the number and that is.
Google CEO Eric Schmidt talks about whether the company ever regrets its "do no evil" policy, and how the definition of "evil" changes as Google grows.
At a news conference in Mountain View, Calif., Google CEO Eric Schmidt and Sun Microsystems CEO Scott McNealy announce a multiyear partnership to promote and distribute each other's technologies.
Google's Eric Schmidt steps down as CEO, Verizon challenges the FCC's Net neutrality rules, and Logitech has a new wireless mouse to keep you on your couch--it is actually optimized to work there!
What's holding up Apple's iRadio service, highlights from Tim Cook's Senate hearings, and the latest product rumors.
On today's show, Eric Schmidt appears to spout off wildly about fighting anti-piracy laws to the death, but frankly, we kind of agree. Also, LinkedIn's IPO goes bonkers, Apple is close to signing all the necessary music labels to its hoped-for Amazon and Google killer, Kindle e-books outsell all print books on Amazon, and it turns out that Apple love really is a religion. So much so that its devotees literally refuse to believe there could be malware on their Macs. Guys, it's happening. Believe. --Molly
At the Web 2.0 Expo conference in San Francisco, Google CEO Eric Schmidt tells conference program chair John Battelle about the search giant's recent deal to buy advertising company DoubleClick, and how the acquistion will help bring more targeted ads to end users.
Microsoft introduced Windows 8 to the executive crowd at the D9 conference this week, but the demo followed Google's Eric Schmidt, who clearly implied that Microsoft was irrelevant to the future of technology. So what does Win 8 mean to the world? Jay Greene, Ed Bott, and Rafe Needleman discuss.
At CES 2012, CNET talks to Google's Eric Schmidt, Samsung's Tim Baxter, and other industry insiders about the "ecosystem" trend toward devices backed by content, services, and the cloud. Who wins, and who loses? It's the Next Big Thing.
The Droid is coming! The Droid is coming! In case you haven't heard, Verizon's first Google Android phone is on the way and the carrier isn't holding anything back, taking some not-so-subtle swipes at the beloved iPhone. We're not going to lie; it's pretty fun to watch. Also on this week's episode, we take a look at the new BlackBerry Bold 9700 and some new senior- and wallet-friendly cell phones from Consumer Cellular.
The Wall Street Journal devastates Hewlett Packard in one incredibly accurate editorial that compiles all the mistakes of the past year or so. And well ... it hurts. In that "oh so true" way. Speaking of hard truths, Eric Schmidt says Google + is an "identity service" and not a social network, and if you don't want to use your real name, don't use G+. Respect. Less respect for the possibility that Larry Page knew about the rogue Canadian pharmacy ads that were posting on Google. Hmm.