Google Launching Groupon Competitor, Larry Page Now CEO (GOOG)

Google Offers via Mashable
Interesting day yesterday for Google (GOOG). Here's what happened.

1) They beat earnings estimates

Google Announces Fourth Quarter and Fiscal Year 2010 Results and Management Changes (Google Press Release)

Instant view: Google profit beats, Page becomes CEO (Reuters)



2) Co-founder Larry Page replaced Eric Schmidt as CEO (remains Executive Chairman)

Schmidt Named Executive Chairman of Google as Co-Founder Page Becomes CEO (Bloomberg)

Power Shifts Atop Google (WSJ)

Google’s Management Shift: What Now for M.&A.? (DealBook)

John Battelle's Bloomberg Interview on Google Management Changes (Bloomberg Video)

Henry Blodget: Let's Be Serious: Eric Schmidt Got Canned (Business Insider)

Why Is Eric Schmidt Stepping Down at Google? (New Yorker)

"Day-to-day adult supervision no longer needed!" - (Eric Schmidt on Twitter)

An update from the Chairman (Google Blog)


3) Google is launching a Groupon competitor called Google Offers

Google to Launch Groupon Competitor [EXCLUSIVE] (Mashable)

What Does Google Offers Mean for Groupon? [OP-ED] (Mashable)

Google Offers: Group buying, Groupon- and LivingSocial-killer (Computer world)



4) Eric Schmidt is set to sell 534,000 shares. He would still own 8.7 million shares, down from 9.2 million. That's $335 million at todays price. Not bad! (SEC 8-K Filing).

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