When it comes to Google lagging in social networking, former chief executive Eric Schmidt said the buck stops with him.
"Four years ago, I wrote memos and I did nothing about those," Schmidt, Google's executive chairman, said in response to a question from AllThingsD's Kara Swisher at the annual D9 conference in Rancho Palos Verdes, Calif., tonight. "CEOs should take responsibility. I screwed up."
The admission comes as Google tries to match Facebook's popular "Like" feature for Web sites, where users click on an icon to show their admiration for a … Read more