Eric Schmidt leaves Apple board over conflict of interest

Google CEO Eric Schmidt has resigned from Apple's board citing conflict of interest.

Steve Jobs says that "as Google enters more of Apple's core businesses, with Android and now Chrome OS, Eric's effectiveness as an Apple board member will be significantly diminished."

Source:
http://www.engadget.com/2009/08/03/googles-eric-schmidt-resigns-from-apple-board-over-conflict-of/