Google and IBM are bonding in a serious way-PC era fading, cloud computing rising -- watch out, Microsoft?

Patrick Thibodeau reports:

'' While Microsoft Corp. chases Yahoo Inc., Eric Schmidt, Google Inc.'s CEO and chairman, is seeking a stronger relationship with IBM, something IBM Chairman and CEO Sam Palmisano appears very interested in.

Schmidt, who spoke at the IBM's PartnerWorld conference here, later shared the stage at the Nokia Theater with Palmisano to discuss cloud computing, globalization and other issues.

The two CEOs bantered like old golf buddies, praising each other's organizations and rarely giving moderator Pankaj Ghemawat, a professor of global strategy at the IESE Business School in Barcelona, Spain, a chance to ask questions.''

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