How Is Google Changing Our Lives?

Backed by 25 lobbying and public relations firms yesterday, Google's Chairman Eric Schmidt faced a Senate committee, determined not to avoid the mistakes Bill Gates made 13 years ago. How dominant is Google? Can users completely trust it? We hear about the good and the bad. Also, stocks fall on news that the global economy is in the danger zone, and pieces of a retired American satellite are about to strike Earth, but nobody knows just where.

Banner image: Google Executive Chairman Eric Schmidt testifies before the Senate Judiciary Committee's Antitrust, Competition Policy and Consumer Rights Subcommittee on Capitol Hill September 21, 2011 in Washington, DC. Photo by Chip Somodevilla/Getty Images