Google is Back on the Path to Greatness, New 52-week High

Bing all you want, but Google Inc. (NASDAQ:GOOG) CEO Eric Schmidt is about to take the party to the BADA BING!  Schmidt told staff this morning "the worst is behind us," and that "we're clearly seeing aspects of recovery, not just in the U.S. - but in Europe as well."
He adds: "We're increasing our hiring rate and investment rate in an anticipation of a recovery." Search Engine Land and MediaMemo are liveblogging the press conference.

(SearchEngineLand.com) Google cofounder Sergey Brin and Google CEO Eric Schmidt are speaking today to a small gathering of reporters at Google’s New York office. Below, a semi-live blog of the briefing.

Semi-live? Well, Erick Schonfeld of TechCrunch, Peter Kafka of AllThingsD and I all eyed each other each other up. “You live blogging this?” No one could decide. Oh, Peter did. So now I will. Now Erick’s up.

Sergey’s talking. Not sure where to start. Mentions the Verizon Google news on Android. “There are a number of devices. They’re coming out as a trickle, but we expect more.

Wanted to mention Google Books. Knows there’s a hearing today. Very proud of it, making information accessible. Has an op-ed piece coming out. Feels it helps fulfill Google’s mission.

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For those playing at home, Google shares hit a new 52-week high today, that's right, back over $500 yet again.