Along with its quarterly earnings report for Q4 2010, Google also announced that co-founder Larry Page will be taking over as CEO of the company he helped to found, 10 years after Google brought in the older Eric Schimdt for his wealth of experience. Will we see a new direction with Google with the leadership change?
Ars Technica - There's movement at the top of Google, and cofounder Larry Page will be taking over daily operations at the search giant. No longer will Eric Schmidt sit in the CEO position—he has decided to step into the role of Executive Chairman, while Page slides in as CEO. The other Google cofounder, Sergey Brin, will "devote his energy to strategic projects, in particular working on new products."
Click here for the full story.