Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.

Schmidt left Novell after the acquisition of Cambridge Technology Partners. Schmidt had legal responsibilities typically assigned to the CEO of a public company and focused on management of the vice presidents and the sales organization. He succeeded founding chairman James Fallows in 2008.

Eric Emerson Schmidt (born April 27 1955) is an American software engineer businessman and the Executive Chairman of Google. 5 billion.