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Google Drops Plans to Save Struggling Papers

CEO says company won't cross the line into creating content

By Rob Quinn,  Newser Staff

Posted May 21, 2009 3:03 AM CDT

(Newser) – Google has decided against  throwing struggling newspapers a lifeline through acquisition or by using its charitable arm to help them gain non-profit status, CEO Eric Schmidt tells the Financial Times. Schmidt said the company considered the idea, but decided that Google didn't want to cross...   Read full story »

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