Turns out that Google CEO Eric Schmidt professes a passionate desire to lend a hand. In an interview with Fortune's Adam Lashinsky, he shares some thoughts on how newspapers might yet survive - and how Google might help. [Click for MORE]Sphere: Related Content
Wednesday, January 7, 2009
Metaphorically speaking, Google is killing the newspaper industry. Online news is quickly hollowing out the traditional paper - the Christian Science Monitor eliminates its print edition, Tribune Co. declares bankruptcy, Detroit's two dailies slash home delivery to three days a week - while Google rakes in advertising profits.