Friday, May 22, 2009

Report: Google won't buy newspapers - Silicon Valley / San Jose Business Journal:

May 21, 2009

Google Inc. considered buying a newspaper but decided against it, CEO Eric Schmidt told a London newspaper.

The Financial Times reported that the search giant's (NASDAQ:GOOG) chief didn't name the paper, but Google's name has come up several times in recent year's as a rumored white knight. Most recent reports have centered on the New York Times Co. (NYSE:NYT) but another rumored possibility in the past was the San Jose Mercury News...