Title:
Next Google Chief Knows Company; Jobs' Latest Leave
at Apple
Description: This is
a VOA Special English Economics Report.
See text below
Text:
Changes are taking place in Silicon Valley in
California. Larry Page will replace Eric Schmidt as
chief executive at Google. And Apple's chief, Steve
Jobs, is taking another medical leave. Two years ago
Mr. Jobs received a new liver. In two thousand four
he had pancreatic cancer. The latest announcement
did not say how long he might be away or give a
reason. Apple reported record-high earnings for the
final three months of last year. But the health of
Steve Jobs always brings questions about the future
of the company. He helped start Apple Computer in
nineteen seventy-six. Today the company that played
a big part in the personal computing revolution just
calls itself Apple. Its products include the iPod
and iPhone and its latest success, the iPad tablet
computer. Steve Jobs has long been Apple's public
face. But some might forget that he left in nineteen
eighty-five to form a computer company called NeXT.
Manuel Perez-Quinones is a computer science
professor at Virginia Tech. He says Apple has led
the development of some technologies, but that
explains only part of its success. For example, he
says many development tools associated today with
Apple came from NeXT.Apple bought NeXT in nineteen
ninety-six. Mr. Jobs rejoined Apple and became the
permanent CEO in two thousand. Last May, Apple
passed Microsoft in market value and became the most
valuable technology company in the world. Mr. Jobs
says he will remain chief executive officer and stay
involved in major decisions during his medical
leave. But he put Tim Cook, his chief operating
officer, in control of daily operations.As Steve
Jobs steps back at Apple, Eric Schmidt is stepping
down at Google. Mr. Schmidt plans to leave his CEO
job in April after almost ten years. He will remain
on Google's board of directors. Larry Page was
Google's founding CEO when he launched the company
with Sergey Brin in nineteen ninety-eight. But Mr.
Schmidt has been the public face of Google while Mr.
Page has mainly worked on new products. Today Google
is the world leader in Internet search and has
products like the Android operating system for
mobile devices. But Google is seen as trying to
recapture the creative energy and speed of its early
days. For VOA Special English I'm Alex Villarreal.
For more economic news go to our website,
voaspecialenglish.com.
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