World's internet giant GOOGLE INC owners of most popular search engine announced co-founder Larry Page will take over as Chief Executive Officer (CEO) as Eric Schmidt becomes executive chairman after a decade at the helm.
Google decided to turnback to the entrepreneurial ethos that helped it create the most used and highly profitable tools for culling information from the Web.
Page’s task will be to accelerate a drive into new areas of growth as Web users spend more time on social sites like Facebook, and Apple Inc. poses a threat in mobile advertising.
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