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Google CEO Schmidt to quit Apple board

  By TechUniverse

Google Inc Chief Executive Eric Schmidt is resigning from Apple Inc's board of directors, the companies said, citing increased competition between the two leading technology companies. The move, which Apple CEO Steve Jobs said was mutually agreed upon, comes amid increased regulatory scrutiny of the relationship between Google, the No. 1 Internet search company in the U.S., and Apple, the maker of iPhones and Mac computers

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