CEO Eric Schmidt: Another Google Update Regarding North Korea

Page 1 of 2

CEO Eric Schmidt: Over the past few days, we have published a couple of updates on Google Inc (NASDAQ:GOOG)’s Eric Schmidt and his visit to North Korea. If you want to read these updates before moving forward with the rest of this story, check out the following articles:

Google Inc’s Schmidt Touches Down in North Korea – What Now?

Google Inc Executives Touring North Korea

Larry Page and Eric Schmidt, Google FoundersEven though Schmidt and his traveling party, including New Mexico Governor Bill Richardson, continue to state that the trip has nothing to do with official Google Inc (NASDAQ:GOOG) business, the “theme of the internet” continues to come up.

Earlier today, Fox News released an update on the story we have been following for the past few days:

“A private delegation including Google’s Eric Schmidt is urging North Korea to allow more open Internet access and cellphones to benefit its citizens, the mission’s leader said Wednesday in the country with some of the world’s tightest controls on information.”

“Former New Mexico Gov. Bill Richardson said Wednesday that his nine-member group also called on North Korea to put a moratorium on missile launches and nuclear tests that have prompted U.N. sanctions and asked for fair and humane treatment for an American citizen detained there.”

As you can see, Schmidt and his team are discussing everything from internet and cellphone usage to political unrest between the country and the rest of the world.

While there is no denying the importance of bringing the internet to everybody in the world, Schmidt has put himself in an unenviable position. Not only is he attached to one of the biggest internet companies in the world, Google Inc (NASDAQ:GOOG), but making this trip was not necessarily in the best interest of the United States.

Here is more on this from the same Fox News article:

Page 1 of 2

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!