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Google's Schmidt sees room for several social networks

(Reuters) - Google Inc is leaving open the door to more co-operation with social-media giants Facebook and Twitter, and believes there is room for multiple social networks as it rolls out its own, executive chairman Eric Schmidt said.

He also said the company will cooperate fully with U.S. antitrust regulators but will not let the formal probe launched last month distract or disrupt its strategy. He was speaking to journalists at the Allen & Co. media conference in Sun Valley, Idaho. More...

07-08-2011 18:36