Google reassures content providers
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 and other big content companies…………More At…..