Google Reassures Content Providers

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Eric Schmidt, Google’s chief executive, is barnstorming New York this week to assure traditional media companies that the internet search company’s $1.65bn (£889m) acquisition of YouTube, the video start-up, will not turn it into a content competitor.Mr Schmidt met News Corp executives, including Rupert Murdoch, in Los Angeles this week. He was in New York to see executives from Time Warner, Viacom, CBS a

nd other big content companies…………More At…..

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