-- Google Finance, Govt, Policy and Business Issues
---- Google CEO: Forecasts A 'huge revolution' In Location-Based Ads
engine - 6:49 pm on Jan 25, 2008 (gmt 0)
The arrival of a truly mobile Web, offering a new generation of location-based advertising, is set to unleash a "huge revolution", Google Inc Chief Executive Eric Schmidt said on Friday.
"It's the recreation of the Internet, it's the recreation of the PC (personal computer) story and it is before us -- and it is very likely it will happen in the next year," he told a panel at the World Economic Forum.
But Schmidt said this figure was too low and failed to take into account the fact the mobile Web was reaching a tipping point.