Google looks to its next decade - Latest news around the world and developments close to home - MSN Malaysia News
Google, which prides itself on helping people navigate the Internet, is facing a tangled Web as it weaves its own future. Google looks to its next decade While more profitable than ever -- with nearly $30 billion in revenue last year -- Google is under pressure from new rivals such as Facebook and Twitter for the attention of Web surfers, advertising dollars and engineering talent. In naming co-founder Larry Page, 37, to be chief executive, analysts said Google is seeking to return to its startup roots and ensure its place amid a constantly evolving Internet landscape. Outgoing CEO Eric Schmidt, 55, was brought in to run Google in 2001, when it was battling other, now defunct search engines, while Page and fellow co-founder Sergey Brin were just a few years removed from Stanford University. Schmidt, who has jokingly referred to himself as the "adult supervision" at Google, is widely credited with helping build the company into the technology titan it is today alongside the l...