Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Google’s Schmidt Says Page Lost Voice, Won’t Speak at Events

Google Inc. Executive Chairman Eric Schmidt said Chief Executive Officer Larry Page has lost his voice and won’t be speaking at three company events, which included the shareholders’ meeting today.

Because of his voice condition, Page won’t speak at the company’s annual developers conference next week, Schmidt said at the meeting in Mountain View, California. Page also won’t be able to talk on the call with analysts when Google, owner of the most popular Internet search engine, makes its second-quarter earnings announcement.

At the meeting, shareholders approved a proposal, announced in April, that lets the company issue new shares without diluting the voting power of Schmidt, Page and his fellow co-founder Sergey Brin. The stock change would create a new class of nonvoting shares that will be distributed to existing shareholders in what is effectively a 2-for-1 stock split.

While the proposal was subject to a vote, it was expected to pass because Page, Brin and Schmidt control the majority of voting power, David Drummond, Google’s chief legal officer, said in an April statement.

Still, pending litigation against the new structure is likely to hold up the proposal’s implementation, and probably won’t be resolved before the fourth quarter, Don Harrison, vice president and deputy general counsel, said today at the meeting.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.