In addition to the plethora of broken hearts Facebook has spawned through changes in news feeds and updates in users’ relationship statuses, it appears that the social media giant has now really gone and done it, shattering hopes of a potential relationship with Google (NASDAQ:GOOG), and leaving chairman Eric Schmidt feeling the blues.
The Google Exec, who has pined to the press through blogs and interviews, spoke about feelings of disappointment and regret stemming from his failure to broker a relationship with the world’s leading social-network — which recently agreed to terms to collaborate with Microsoft’s (NASDAQ:MSFT) “Bing.”
Schmidt commented on Facebook in an interview last night, telling reporters, “Facebook’s done a number of things which I admire…It’s the first generally available way of disambiguating identity. Historically, on the Internet such a fundamental service wouldn’t be owned by a single company. I think the industry would benefit from an alternative to that….Identity is incredibly useful because in the online world you need to know who you are dealing with.”
When asked about his largest regrets as CEO, Schmidt said his failure to woo Facebook was foremost among them. “I clearly knew that I had to do something, and I failed to do it…A CEO should take responsibility. I screwed up.”
Fielding questions regarding the future of the technology industry, Schmidt pegged a “gang of four” companies as growth leaders for the industry. The “gang” comprised of Google (NASDAQ:GOOG), Facebook, Amazon (NASDAQ:AMZN), and Apple (NASDAQ:AAPL).