Eric Schmidt Admits to Missing Out on the 'Friend Thing'
Google CEO says, 'I screwed up'
In a keynote interview at AllThingsDigital’s D9 conference on Tuesday, Google CEO Eric Schmidt admitted that his biggest failure as the company's head was missing out on social networking—or, as he put it, “the friend thing.”
Google tried “very hard” to partner with Facebook, Schmidt explained, but they’ve traditionally allied with Microsoft instead. “Facebook’s done a number of things which I admire,” he said. “It’s the first generally available way of disambiguating identity. Historically, on the Internet such a fundamental service wouldn’t be owned by a single company.
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