Google announced that co-founder Larry Page is taking over for Eric Schmidt as the company’s CEO. Schmidt will become the Executive Chairman and focus on business development, especially globally. Google says the move comes as an attempt to streamline decision-making and have a clearer sense of accountability. In other news, Facebook announced on its website today that they are rolling out an app for the 80% of non-U.S. mobile users not on smartphones. The app is a way for Facebook to infiltrate the lucrative worldwide market and expand their network even further. 14 mobile carriers will offer 90 days of free data on over 2,500 compatible devices. And finally, Amazon will buy out the remaining shares of Europe’s online video rental service Lovefilm. Having already owned 42% of the stock, the deal is not surprising and should be completed by the first quarter of the year. Amazon is leveraging Lovefilm to further challenge Netflix in the on-demand rental arena.
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