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U.S. markets recover from steep losses
MOUNTAIN VIEW, Calif., May 21 (UPI) -- Google Chief Executive Officer Eric Schmidt, in an interview with Financial Times, said the company considered buying a newspaper and decided against it.
In the interview published Wednesday, Schmidt said his company, as a platform to reach other Web sites, wants "to avoid crossing the line" between technology and content.
Other news stories have suggested Google is considering partnerships with news organizations or possible investments in them. There have also been suggestions that some newspapers could be converted into non-profits through the Google Foundation.
"They are unlikely to happen without some massive, massive set of corporate bankruptcies," Schmidt said.
Google's relationship with news organizations has been a difficult one, with some accusing the company of making money off the content they pay to provide. Schmidt said Google helps news Web sites by sending readers to them.
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JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
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SEATTLE, May 24 (UPI) --
The flight decks and avionics of the U.S. and NATO Airborne Warning and Control System aircraft fleet will be modernized under a $368 million Boeing contract.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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