You have probably heard it already, but Google's CEO Eric Schmidt is stepping down, taking on a new role as Executive Chairman. Larry Page will take over the new role as CEO, while Sergey will focus on innovation (like always).
You can read why in this article by Eric Schmidt.
But as Google has grown, managing the business has become more complicated. So Larry, Sergey and I have been talking for a long time about how best to simplify our management structure and speed up decision making - and over the holidays we decided now was the right moment to make some changes to the way we are structured.
In case this comes as a surprise to you, I would suggest you read Ken Auletta's "Googled: The End of the World As We Know It." (Kindle link) He brilliantly tells the story of what is really going on in Google's executive suite.
And, as Erick Shonfeld tweets "If you think Google embraced change the last ten years, get ready for CEO Larry. Remember, he's the guy who wanted to build space elevators."
Google also announced a 26% growth in revenue in Q4 boasting $8.44 billion in revenue.
HP also announced a huge shakeup of its board. New blood includes Meg Whitman (formerly of eBay) and Patricia Russo, formerly of Alcatel-Lucent.
Facebook drastically changed post insights last night. First, Insights data about posts on Pages is now starting to appear in real-time, whereas previously it could take hours before the data would appear. Second, the data available on Posts looks to have increased from just impressions and percentage feedback to also include click-through rates and Likes.
Gerd Leonhard: "Streaming music is the new radio"
New year brings delays for expected media launches. Will they ship?
The future of the TV is online. Your television's going to get connected, says Matt Warman.
4 Brand-Saving Recommendations for Social Media Crisis Management.
Twitter Hits Nearly 200M Accounts, 110M Tweets Per Day, Focuses On Global Expansion.
Want to try out WebM? VP8 / WEBM Demo Video.
The new Guardian iPhone app: http://bit.ly/dRUsgX - I like the multi-channel strategy, but their pricing model is all wrong.
How Online Advertising Is Failing Content (And What to Do About It): http://bit.ly/g1am3g
The App for when you Crap. AOL's coming personal newsreader: http://read.bi/i9K84r - and worth watching. The concept sounds similar to Flipboard.
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