Speak of the devil, just a few days after Jobs steps down at Apple, Google has a new CEO, 37 yr old co-founder Larry Page. Page is a 'techie', not a businessman, a fact that has investors worried in spite of Google's rising stock and higher than expected earnings report. Page is taking over for the 55 yr old Eric Schmidt who will stay on in some sort of advising role.
There aren't many CEO's of $160 billion market cap companies without experience, but that's exactly what you have here. Google is continuing to rely on its search engine (which sucks IMO), youtube (doubled earnings last year) and their 300,000 a day selling Android phone (not as good as the I-phone).
Fathersson is precisely correct in that Google is worried about FAcebook which has now surpassed Google as the number one visitied site on the internet. Some are naturally concerned about this, others not so much. Google of course is trying sell the move as a progressive step forward but they've made some very questionable business decisions in the past (pulling out of China) and not having a business pro running things as the company gets bigger and bigger could be disastrous.
