Google CEO Eric Schmidt slammed Microsoft’s new search engine Bing on Fox Business Network this week.
Here are some highlights from Schmidt:
“It’s not the first (search-engine market) entry for Microsoft. They do this about once a year. From Bing’s perspective, they have a bunch of new ideas and there are some things that are missing. We think search is about comprehensiveness, freshness, the scale and size of what we do. And it’s difficult for them to copy that…”
“(We’re) actually not (spending more money in response to Microsoft’s advertising blitz), given the name. But the fact of the matter is that we are spending all of our time on exactly what we’ve always done, which is innovation. I don’t think Bing’s arrival has changed what we’re doing. We are about search, we’re about making things enormously successful, by virtue of innovation…”
“You earn (the No. 1 spot). You don’t buy it with ads. You earn it, and you earn it customer by customer, search by search, answer by answer. And we believe that today we beat our competitors because we’re so focuses on comprehensiveness, speed, freshness and having the depth that people really care about.”
Schmidt is free to share his views, but ultimately it’s the market’s opinion that counts. So far, Google seems safe, but Yahoo might start losing sleep soon.
Read more at Seattle P-I.