Shelly Palmer Radio Report – January 21, 2011

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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.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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