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SEO and Search Engine News:
CEO Eric Schmidt wishes he could rescue newspapers.
By Adam Lashinsky, editor at large
Last Updated: January - 2009: 3:48 PM ET
Google CEO Eric Schmidt wants newspapers to survive.
(Fortune Magazine) -- Metaphorically speaking, Google is killing the newspaper industry. Online news is quickly hollowing out the traditional paper - the Christian Science Monitor eliminates its print edition, Tribune Co. declares bankruptcy, Detroit's two dailies slash home delivery to three days a week - while Google rakes in advertising profits.
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