08
November
2006
|
01:44 AM
America/Los_Angeles

11.08.06: At Web 2.0, Schmidt denies legal fund rumors, competition with MSFT


We're not at Web 2.0 (at least I'm not, I'm happily sitting on a love seat with a view of a lovely November morning) but many people are, so we offer up a mishmash of blog posts on the conf so far.

The Guardian's Bobbie Johnson on Eric Schmidt's talk: Google won't suffer backlash against megalopolis companies because they think about users and they won't try to lock in customers from going elsewhere: "It's a pressure valve on bad business practice." Also, docs.google.com is not competitive with Microsoft Office. ""Our focus is on casual sharing, not business," he says. "Except in as far as [businesses] need to use them." That nice sidestep, Bonnie notes, "fooled no one."

More importantly, Reuters reports that Schmidt denied a rumor being flogged by Mark Cuban that Google had set aside $500m to settle copyright disputes as part of purchasing YouTube. He also said that Google has "visited as many media companies as we can" to cut licensing deals.