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Eric Schmidt

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The Outer Space Gold Rush?

via Drake Bennett, Bloomberg Businessweek Today an all-star cast of adventure capitalists and space entrepreneurs—James Cameron, Larry Page, Eric Schmidt, Charles Simonyi, Peter Diamandis (creator of the X Prize), and others—announced the creation of Planetary Resources, an asteroid-mining company. In theory, asteroid mining is an enormously lucrative endeavor: a single small asteroid has been estimated … Continue reading

Google Chairman Calls Lack Of New Stimulus Measures ‘Ludicrous’

Google Chairman Eric Schmidt called on Washington to think big about solutions for the nation’s struggling economy calling the current emphasis on cutting spending instead of new stimulus “ludicrous.” The economy would need “not just something like the jobs bill, but also significant government stimulation in terms of buying power and investment,” said Schmidt on … Continue reading

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