Google's ex-CEO Eric Schmidt gave a speech on Wednesday at the Science Museum in which he outlined his vision for the web, and how much he believes it will change society in the future. According to Schmidt, the web is becoming “nothing and everything”. Schmidt, who now serves as executive chairman of the search giant, emphasized that there were many parts of the world that do not have access to the Internet yet. "The world wide web has yet to live up to its name. Put simply, to connect the world is to free the world."

Google has announced its intention to back its YouTube channels with $200 million in marketing support. The announcement, which was made Wednesday during its digital “NewFront” presentation, will support an initiative that YouTube began last fall with the rollout of 50 niche content channels. The video-sharing site will spend $200 million across Google sites and its advertising network to promote the channels,  according to Robert Kyncl, YouTube’s head of global content.

Rapid TV News reports that Google’s CEO, Eric Schmidt, has confirmed the launch of Google TV in the United States before the end of 2010 and worldwide next year. The announcement comes on the heels of the launch of the new Apple TV, however, Google’s approach is diametrically different being network rather than device focused.

Speaking at the Abu Dhabi Media Summit, Google CEO Eric Schmidt revealed the Middle East and North Africa region is the company's fastest growing region in the world, in terms of the number of users and revenue generated. Schmidt also said the UAE had the fastest growing operations for the company in the world.