TweakTown
Tech content trusted by users in North America and around the world
5,931 Reviews & Articles | 38,203 News Posts

Eric Schmidt Resigns from Apple's Board

says it is due to conflicting interest

| Business, Financial & Legal News | Posted: Aug 3, 2009 4:33 pm

Well the big news this morning is that Google's Eric Schmidt is resigning from the Board of Directors for Apple.

 

This is not a very big surprise, although it comes at an interesting time. The issue at hand is section 8 of the Clayton Anti Trust act that covers shared directors between companies with competing products.

 

Google and Apple compete on a number of products, they each have a browser, they each have a smart phone OS, and soon they will each have both a Desktop OS and a cloud based document application.

 

The resignation will probably cause the current investigation to be withdrawn but that is not always the case. This is especially true with the FCC looking into the issue over Google Voice.

 

Eric Schmidt Resigns from Apple's Board

 

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases