Talkin' Schmidt Ain't Sayin' Nothin'

Looks like Google has updated its arrogance algorithm again. After dismissing Viacom’s $1 billion copyright infringement lawsuit over video clips on YouTube as a “mistake” at our D5 conference in May, Google CEO Eric Schmidt has taken another shot at the media conglomerate and its CEO Philippe “Dough Man” Dauman. Chatting with reporters at a hotel bar at the 25th annual Allen & Co. moguls meeting early this morning, Schmidt slagged Viacom as compulsively litigious. “Viacom is a company built from lawsuits, look at their history,” he said. “Look who they hired as CEO: Philippe Dauman, who was the general counsel for Viacom for 20 years.”