Apparently, even technology companies want a bail-out.
Recently, the CEOs of Google, IBM, and other technology companies converged on the White House to lobby President Obama for key measures like broadband investments to be included in the U.S. government stimulus package. It's one thing to see U.S. auto makers, perpetually inefficient and ineffective in the market, begging for government hand-outs. It's quite another to see the leaders of the world's most successful technology companies seeking the dole, as well.
Google CEO Eric Schmidt made it clear what he hoped to gain from his government intervention … Read more