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The captain of the sunken ferry in South Korea was formally charged and is in custody, state-run media reported early Saturday, citing prosecutors and police. Erin Burnett has more.
December 15th, 2011
09:25 AM ET

Eric Schmidt: 'Google grew out of a system that rewarded innovation'

Google's Eric Schmidt believes the same system that helped build Google into a hugely successful company will "lift America from where we are today." In a web exclusive clip from an interview with CNN's Erin Burnett, Schmidt says "Google was successful because the people involved in Google grew out of a system that rewarded innovation–rewarded their ideas, rewarded their reach, and stood on the shoulders of those who had built the infrastructure we were dependent on. That is the system that will lift America from where we are today."

The interview–the first time cameras have been brought inside Google's unique offices in New York City–airs tonight on CNN's Erin Burnett OutFront at 7 p.m. ET.

Filed under: I.D.E.A. • Tech
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