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Monday, May 20th 12:27 AM IST
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SUN VALLEY, ID - JULY 12: Eric Schmidt, executive chairman of Google, displays the Google's Nexus Q streaming media player and Google’s Nexus 7 Android tablet during the Allen & Company Sun Valley Conference on July 12, 2012 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983. The conference is typically attended by many of the world's most powerful media executives.

SUN VALLEY, ID - JULY 12: Eric Schmidt, executive chairman of Google, displays the Google's Nexus Q streaming media player and Google’s Nexus 7 Android tablet during the Allen & Company Sun Valley Conference on July 12, 2012 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983. The conference is typically attended by many of the world's most powerful media executives.