Hopefully we're not making IBM and Microsoft's mistakes, Eric Schmidt says

Fox Business Network’s Neil Cavuto interviewed, Google CEO Eric Schmidt, and pressed him a couple times over whether company has potential to become next Microsoft when it comes to antitrust issues and its attempts to fend off new Internet rivals. "Hopefully we won't repeat the mistakes that Microsoft made 10 years ago that ultimately led […]

Fox Business Network’s Neil Cavuto interviewed, Google CEO Eric Schmidt, and pressed him a couple times over whether company has potential to become next Microsoft when it comes to antitrust issues and its attempts to fend off new Internet rivals. "Hopefully we won't repeat the mistakes that Microsoft made 10 years ago that ultimately led to all these things that happened to them," Schmidt says just before 3:00 minute mark in the video below:

Below, Cavuto asks about potential for Twitter and Facebook to take momentum away from Google among younger Internet users, similar to how companies like Google came along to trump Microsoft. In response, Schmidt says that users of social networking services are actually using Google even more:

[Source]