Former Google CEO admits company goofed in social media

Eric Schmidt confesses that under his watch the search engine giant missed its cue on the social media revolution and allowed Facebook to overtake them.

You may have thought—quite unfairly—that Google executives such as former CEO Eric Schmidt mistook themselves for God.

Possibly this was because of criticism that the company had a cavalier attitude toward privacy (yours, that is). Or that the search giant was dismissive of little-people virtues like respecting copyright.

In any case, if you thought they couldn’t admit a mistake, you were wrong. Humble Herr Schmidt recently confessed to fallibility, an event that made headlines like this: “Former CEO Admits Google ‘Screwed Up’ on Social Media.”

“A corporate animal first and a technocrat second, Schmidt admits that under his watch Google missed its cue on the social media revolution and allowed Facebook to overtake them,” according to Technorati’s Blogging Google.

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