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Speaking at LeWeb 2011 in Paris, France – Eric Schmidt dropped somewhat of a bombshell: “By the summer of 2012, the majority of the televisions you see in stores will have Google TV embedded.”  Now, no other details where released, so we don’t know if he was speaking about the actual TV set’s UI or if Google TV will be a featured app, as Netflix and Vudu are currently on many smart TVs. Is Google nurturing its mobile ties to the likes of Samsung, Sony  and LG, maturing their relationship beyond the mobile space? Samsung, Sony and LG own 46%+ of the global TV market, so Google would have to get them on board along with other vendors like Panasonic. Add that info to deafening rumors about Apple’s own “Smart” TV in 2012, with Siri powering the UI and control. Looks like the TV space is heating up again!

Source: TheVerge

Musical chairs for the boys over at Google as Eric Schmidt is de-throned and moved to executive chairmen as Larry Page takes over the CEO position. No specific position for Sergey Brin but we’re told he will work on “special projects” which places him in the same postion as Lucius Fox.

Nothing super shocking in all the rearranging as it was known that Schmidt was there to get the house in order from its infancy and it’s understandable that the youngins want to get there feet wet, plus it’s not like Eric is going anywhere.  Investors like the news – Google’s up. Click Here for press release. NEXT!!