engine - 9:39 am on Jun 12, 2008 (gmt 0)

Google Inc Chief Executive Eric Schmidt on Wednesday detailed his theory of competition in the Web industry while saying Google's famous mantra of "Don't be evil" is often misunderstood. In an on-stage interview with writer Ken Auletta of the New Yorker magazine, Schmidt said "Don't be evil" is meant to provoke internal debate over what constitutes ethical corporate behavior, rather than representing an absolute moral position. "We don't have an 'Evilmeter' we can sort of apply -- you know -- what is good and what is evil," Schmidt said before an audience of media industry professionals at an event sponsored by Syracuse University's Newhouse School in San Francisco.

Google's Eric Schmidt Says, "We don't have an 'Evilmeter" [uk.reuters.com]