for a decade, founders larry page, sergey brin and c.e.o. eric schmidt have made key decisions together. now, schmidt says he'll be focused outside the company on deals, partnerships, and the increasingly tricky relationships with governments. schmidt says larry page will take on the c.e.o. job a week after he turns 38. >> i want to say very clearly, i believe larry is ready. he's been working on this area for a long time. his ideas are very interesting and clever. it's time for him to have a shot at running this, and i'm sure he'll do a fantastic job. >> reporter: larry page used today's announcement to push back a bit on critics who argue the hyper-growth days of internet search are over. >> i cannot be more excited about moving us forward, and we're really at the beginning. >> reporter: the announcement took investors by surprise, but tech analyst gene munster said page will bring new energy to the c.e.o. role, even though managing a company with 25,000 employees will be a challenge. >> he's not an operational person. larry's... he's a sc

called in during google's early days to supervise then 20-something co-founder larry paige and sergei brinhares were up following the news, which upstaged google's healthy earnings. >>> hewlett-packard is revamping its boardroom with four new directors, including former ebay ceo meg whitman. hp wants to ramp up the foreign-based presence and smooth the transition at the top after the controversial exit of former chief mark herd. >>> well, concerns that china will take steps to slow its economic expansion and commodities and material stocks lower thursday. freeport mcmorings dropped 4%ç despite upbeat earnings, but earnings were offset, and fewer weekly jobless claims. >>> meanwhile, new labor data shows despite double digit unemployment over much of the past two years over a million foreign-born workers found jobs in the u.s., many of them illegally. >>> back on the street, morgan stanley shares shot up after healthy fourth quarter earnings reports. bank of america shares are lower after missing earnings estimates before the bell, and ge, the current owner of this network, also reported t

sergei brin and larry -- i'm blanking. sorry, larry.but the way it seems to work that is, or the way it works with google, the way it works with facebook, is that these young guys gather together somewhere like in college, and they started talking and thinking, let's go for it. we can do it. that's not exactly how atanasoff worked. but maybe it would have been if he'd gone to to harvard and howard aiken. but the other thing is what current tech people are coming up with, manages information, what atanasoff and those guys are coming up with was the hardware. so they had to have access to some way to put the hardware together, some way to try out how to make something. to make a real thing. when alan turing come at the same time that atanasoff was sitting in the bar pondering his computer, alan turing was thinking that technology was going to be more like the liverpool tide predicting machine, which was, you know, pulleys and gears rather than lightbulbs going on and off. but turing didn't have access to the same kind of education that at

usually filled with family members and taxi drivers meaning newly arrived international passengers sergey brin often journalist and member of russia's council on defense and foreign policy says it's not by chance that part of the airport was chosen. what i asked of all was that of course if you go for security control in the months ahead everything about supply you have to pass through a state of the art security. he had to actually organize the whole thing in an area which is not normally checked in and or anywhere in the world because the waiting area where people wait for those cars and just were right. if memory serves me well about seven or eight years ago there was a priest teacher or coach to check every one of the the terminal. interleaved that somebody you want to fly you want to meet people you still have to you know get checked i think the whole thing was leaked said. five or six years ago. and he's a results so you know the whole thing is very sad. it's a very sad lesson for all of us normal passengers to use. what's but it's also a very sad lesson for own security services and the

and you got go back to 2001 to think that both page and cofounder sergei brin are both in their late 20s at the time. schmidt came on board to give the company operational direction and in a tweet he says that the adult day-to-day supervision is now over. schmidt will stick around with the company but more in a strategic capacity as executive chairman. and over at hewlett-packard, big changes afoot, as well. four directors out from the board, with five new directors coming on board including former gubernatorial candidate and ebay ceo meg whitman. this mainly coming in response to the ouster of former ceo mark hurd last summer. it's being looked at as an infusion of new blood. shareholder lawsuits regarding the ouster of hurd who received a rather large golden parachute of upwards of $50 million. wall street reacting positively to both changes. google shares right now up 1.4%. google coming off a nice quarter hit profit of $2.5 billion. and hp shares right now up a little less than 1%. overall the stock market is doing fairly well thanks to strong earnings from general electric and g