Google is trying to limit the damage done from the news that their former CEO and current Executive Chairman Eric Schmidt after they submitted a plan to the Securities and Exchange Commission to sell off around 42% of his stake in the search giant. At today’s current price of $785.37 per share, the 3.2 million shares he plans on selling over the next year would be worth around $2.5 billion. According to Reuters: The plan, which Google said would give Schmidt “individual asset diversification and liquidity,” allows Schmidt to spread trades out over a period of one year to reduce the market impact….

Steve Jobs, Mark Zuckerberg, and Eric Schmidt walk into a bar. The bartender says, “Hey, I’m Barack Obama.” Not funny? That’s because it wasn’t really a joke. The setting will likely not be a bar, but the four leaders of arguably the most influential entities in the world will be meeting on Thursday with other business leaders in San Francisco. Will the sheer gravity of the event tilt the world on its axis? Throw in GE CEO Jeffrey Immelt and it just might happen. “The president and the business leaders will discuss our shared goal of promoting American innovation, and discuss his commitment to new…