Articles about Bonus

Schmidt gets $100m in Google stock on top of his $6m bonus

Google chair Eric Schmidt has gotten his second $100m dose of restricted stock units in less than three years. The Chocolate Factory said in a filing with the Securities and Exchange Commission that Schmidt was getting the stock award along with a $6m cash bonus for the year next week. The firm said the sizeable package was "in …

Lenovo chief Yang wangs hefty bonus wodge to workers

Yang Yuanqing, CEO of the world's largest PC maker, Lenovo, plans to share a portion of his whacking great bonus with staffers for the second year in a row following bumper sales figures. A pool of 10,000 workers out of the firm's more than 30,000 employees will each be given a piece of the $3.25m portion of Yuanqing's bonus, …
Jasper Hamill, 02 Sep 2013
Batteries

Super Cali's futuristic Tesla batt swap focus – even though car tech test is an expected bonus

Tesla Motors has a Christmas present for a few owners of its Model S all-electric cars, in the form of a pilot program for its new battery-swapping technology beginning in California next week. Tesla founder Elon Musk showed off the tech at an event last year, where he demoed how a drained Model S battery could be replaced with …
Neil McAllister, 19 Dec 2014

Chinese cloud firm offers 'love bonus' to amorous staff

A Chinese cloud computing company has taken a novel approach to improving staff morale, ignoring all workplace common sense by encouraging its employees to hook up with each other, and with those of rival firms, in return for a financial reward. Chengdu Cloud Computing, based in the booming tech hub of Chengdu, in western China’ …
Phil Muncaster, 20 Nov 2012
lenovo

Lenovo CEO Yang doles out US$3m bonus to staff

In an almost unheard of act of selflessness and generosity from a CEO, Lenovo boss Yang Yuanqing has decided to distribute $3 million (£1.9m) from his annual bonus to junior members of staff working at the Chinese PC giant. The firm had a bumper 2011, setting new records in market share, revenue and shipments and posting a huge …
Phil Muncaster, 20 Jul 2012
Bungie logo

Activision may bung Bungie $2.5m ratings-based bonus

Halo developer Bungie's lucrative ten-year deal with games publisher Activision has been made public, revealing the coder is set to receive an unprecedented bonus should its next title win critical acclaim. The studio will pocket a tasty $2.5m (£1.6m) bonus if the game in development, dubbed Destiny, though that's probably just …
Caleb Cox, 22 May 2012
ho, ho, ho

Dixons steps over Comet's bloodied body to nab bonus Xmas sales

Blighty's High Street is in meltdown, but Dixons Retail bucked the gloomy trend and reported relatively decent sales growth over Christmas. The chain reckons it successfully hoovered up trade from fallen rivals. According to figures filed for the 12 weeks to 5 January, sales by the parent of Currys and PC World were up four per …
Paul Kunert, 17 Jan 2013

eBay takes a small bite out of execs' bonuses

eBay chief exec John Donahoe's take-home pay has shrunk by half compared to last year, partly because the online tat-bazaar's financial performance didn't live up to expectations. Donahoe was paid $13.8m in wages and bonuses for 2013, down 53 per cent from the whopping $29.7m he trousered for the previous year. "The Committee …
Space Invaders

Aus gaming industry gets AUD$20m bonus

Australia;s computer gaming sector has been handed an AUD$20 million stimulus from the federal government in the form of a three year Interactive Games Fund. The funding, which will be administered by Screen Australia, aims to accelerate the Australian gaming development industry to compete globally in a market expected to …
The Register breaking news

Apple boss gets $22m bonus

Apple's chief operating officer Tim Cook got a cash bonus of $5m and a bunch of share options for filling in while Steve Jobs was off sick For covering the top job for six months while Jobs got a liver transplant Cook got $5m in cash and 75,000 share options - half will vest in March 2011 and the other half in March 2012, as …
John Oates, 15 Mar 2010
channel_teaser_money_top

Hungry Advanced Computer Software gets swallowed for £725m

Acquisition-hungry Advanced Computer Software (ACS) has itself been acquired by private equity firm Vista for £725m. Vin Murria, chief executive of the healthcare and biz management software and services firm, said the deal would help ACS move to its "next stage of its growth". She said: "ACS' value has grown from £32m to £725m …
Kat Hall, 25 Nov 2014
The Register breaking news

Microsoft caps Ballmer bonus over mobile phone, tablet failures

Microsoft boss Steve Ballmer missed out on a maximum bonus in the company’s last fiscal year, after he failed to move quickly enough against Apple’s iPad and lost market share in the mobile phone biz. The unsuccessful launch and speedy demise of Microsoft’s doomed social networking mobile device Kin also kept Ballmer’s piggy …
Kelly Fiveash, 01 Oct 2010
Apple iPhone 6

Speaking in Tech: On iPhone 6 - 'If you make big-*ss phones, you'd better make 'em usable'

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's the Apple iGasm edition. Join Greg Knieriemen and Ed Saipetch, hosts of our weekly techcast, with their guest Joe Onisick, technical marketing engineer at Cisco to chew on Apple and Cisco's ACI and troubling questions including "Are my hands BIG ENOUGH not to be made to …
Team Register, 10 Sep 2014
The Register breaking news

Apotheker severance outrage: $2.4m 'bonus'

The rich are different from the rest of us not just because they have more money, but also because they get multimillion-dollar bonuses even when they run a company onto the rocks, as did former HP CEO Léo Apotheker. Apotheker was fired from his positions as president and CEO of HP on September 22. The same day, HP announced …
AMD CEO Lisa Su

AMD pays new CEO $150K LESS than her male predecessor

The latest insult to women working in tech came courtesy of chipmaker AMD, whose new CEO Lisa Su will take home a smaller base salary than Rory Read, the man she recently replaced. Su rocked up at AMD early 2012 as senior veep and GM for global business units and was made chief operating officer in January, raking in some $650, …
Paul Kunert, 16 Oct 2014

New Microsoft CEO Nadella could earn FOURTEEN TIMES what Ballmer banked in 2013

Newly minted Microsoft CEO Satya Nadella's salary nearly doubled on his first day in the corner office, giving him a pay package even larger than that of outgoing CEO Steve Ballmer. Nadella will earn an even $1.2m in his first year on the job, according to documents filed with the US Securities and Exchange Commission on Tuesday …
Neil McAllister, 05 Feb 2014

Satya Nadella's $84.3m pay packet: Did he use the 'female superpower' to get it?

Satya Nadella famously told women to not bother asking for pay rises, which now looks a bit rich after Microsoft revealed his $83.4m pay packet. After all, what would you know about asking for a raise when your pay packet is more already than the combined wages of 800 Microsoft minions? Redmond announced its great leader's …
Jasper Hamill, 21 Oct 2014
arrow pointing up

Lenovo posts an INCREASE in desktop PC and notebook sales

Lenovo, the world’s largest maker of PCs, saw its profits leap 24 per cent this spring. The China-based manufacturer reported first-quarter profits of $211m, compared to $170m for the year before. That was from revenue that jumped 18 per cent to £10.39bn. Earnings per share for the giant were up, from $1.65 to $2.03 for the …
Gavin Clarke, 14 Aug 2014
Suitcase bulging with cash

Tech Data execs: Nooooo... It's the INCREDIBLE SHRINKING payslip

It's tough at the top. Just ask senior execs at distie titan Tech Data, who took home a smaller pay packet in fiscal '13 as sales and profits slipped. But don't feel too sorry: CEO Bob Dutkovsky made $4.2m in total comps for the financial year ended 31 January, down 2.5 per cent from $4.31m in the previous 12 months. His base …
Paul Kunert, 07 Feb 2014
Doom

Bitcoin on ATM? Pfft! We play DOOM on ours

Back in January, a Register commentard recalled a magazine cover of days of yore, depicting Doom as if it were running on an ATM: now an Aussie tinkerer has brought the vision to life. As shown in the YouTube video below, the hardware hackers obtained a presumably-retired NCR Personas ATM – one that runs Windows XP – and got id …
The LDSD's rocket motor fires. Pic: NASA

NASA flying saucer vids show fire in the sky

NASA has released some entertaining short video clips from last Saturday's test of the Low Density Supersonic Decelerator (LDSD), showing how the future Mars payload delivery tech flight featured a mighty thruster, some hot airbag action and a while lot of a-whoopin' and a-hollerin'. The LDSD launched below an enormous helium- …
Lester Haines, 01 Jul 2014
Samsung Galaxy Note 2

Samsung: Ta-da! We made $7.8bn. What do you mean you expected another BILLION?

Samsung Electronics has missed analysts' estimates of its operating profit for the fourth quarter of last year, after a one-off special bonus for employees and slowing demand for high-end smartphones. The company said that its guidance ahead of the full results on January 24 put operating profit at 8.3 trillion won ($7.8bn, £4. …
The Register breaking news

Senior IT workers caught in bank bonus tax crossfire

Her Majesty’s Revenue & Customs has warned senior IT staff in British banks to expect to be hit by the government’s bonus tax. The Times reports today that HMRC officials briefed bankers earlier this week about who would be affected by the government’s contentious - at least for those in the City - one-off 50 per cent levy on …
Kelly Fiveash, 17 Dec 2009
The Register breaking news

Google splits stock in bonus for investors, but keeps control

Google has reported good figures for the last quarter, with revenues up 24 per cent, and is to split the company's stock, creating a new non-voting stock in the company quoted on NASDAQ. "We recognize that some people, particularly those who opposed this structure at the start, won’t support this change - and we understand that …
Iain Thomson, 12 Apr 2012

Poor miserable Ballmer's pay SLASHED to a measly $1.26m

Failings on Windows 8 and a crippling Surface writedown have seen Steve Ballmer’s pay docked for a second year in succession. Microsoft’s outgoing chief executive received a total package of $1.26m – a base salary or $697,500 and a bonus of $500,000, according to Microsoft’s 2013 proxy statement. Ballmer’s bonus was just 79 per …
Gavin Clarke, 04 Oct 2013

Ex-BT boss bags £9 MILLION bye-bye bundle, moves to key gov post

BT's former boss Ian Livingston just received an extremely generous leaving present from the telecoms giant – 2.6 million shares in the company worth about £8.9m. Earlier this month, Livingston left BT for his new, unpaid job in the House of Lords as Prime Minister David Cameron's Minister of State for Trade and Investment. The …
Kelly Fiveash, 20 Sep 2013
Sony Vaio P

Sony bosses will return bonuses as firm preps for BILLIONS in losses

Sony's top brass are set to return their bonuses as the limping Japanese company struggles with predicted billion-dollar losses. Some 40 execs will hand back their Brucies*, which account for between 30 and 35 per cent of their total pay, on the suggestion of chief executive Kazuo Hirai. The Japanese giant is due to unveil its …
Jasper Hamill, 13 May 2014
Barbed wire against a clear blue sky

Google kills CAPTCHAs: Are we human or are we spammer?

Google has developed a new CAPTCHA-like system to allow people, and not automated software, into websites with only a single click. The "No CAPTCHA reCAPTCHA" offers a tick box for humans to check rather than distorted text to decipher. It's designed so that automated spam software is still fooled by it and gets stuck on the …
John Leyden, 03 Dec 2014
Muscular man stripping off his shirt

Salesforce stuffs CRM dollars into Benioff's package

No wonder Marc Benioff is feeling relaxed. Salesforce is increasing his multi-million-dollar package by more than a fifth. Benioff is getting a 20 per cent bump in base salary to $1.44m – up from $1.2m - for fiscal 2015, starting on 1 February. The CEO has been allocated a top up of 1,849,441 shares of common stock too. …
Gavin Clarke, 28 Nov 2013
The Register breaking news

Nasdaq chief's large package shrinks after terrible Facebook blow

Nasdaq OMX has brutally slashed its chief's 2012 bonus by over half a million dollars because of the Facebook IPOcalypse. The market said in a filing with the Securities and Exchange Commission that Robert Greifeld's bonus for last year would be shaved by 62 per cent, although naturally that still leaves him with a not- …

AW, SNAP, Oracle. You've shrivelled up poor Larry Ellison's package even more

Oracle’s soon-to-be-ex-CEO Larry Ellison took home slightly less money in fiscal 2014 than the previous year, after some rumblings of criticism at the sizeable nature of his big package. The poor billionaire bagged just $67.3m in compensation, instead of the $78.4m he managed to make off with in fiscal 2013, a markdown of 15.5 …

BOFH: I'll get my bonus even if it kills, well, someone

Episode 13 "Okay, so we'll just work our way through last year's review and then move onto this year's one," the Boss says, fingering a couple of chunky wads of paper. I hate review time. The only consolation I get from it is knowing that Bosses hate it as well. Everyone hates them - except for the drones from HR for whom this is …
Simon Travaglia, 16 Sep 2011
The Register breaking news

Larry Page to Google staff: Your bonus is tied to Facebook envy

Larry Page has worked out who at Google is responsible for its long string of failures in the social media space: everybody. Page is tying a proverbial lamb chop around the neck of its new social thingy, "Google +1", in the hope that the dogs will pay it some attention. According to Business Insider, Chocolate Factory boss Larry …
SOURCE: http://www.sxc.hu/photo/959469

HP offers $150,000 for 'exploit unicorn' in Pwn2Own hacker competition

HP has been laying out the ground rules for the latest Pwn2Own contest and is offering a new prize of $150,000 to the cunning cracker who can get root access to a Windows 8.1 PC running Redmond's Enhanced Mitigation Experience Toolkit (EMET). "Last year we launched a plug-in track to the competition, in addition to our …
Iain Thomson, 01 Feb 2014

Comcast bosses: THAT pushy sales rep was only obeying orders

Comcast management has said the staffer who was recorded endlessly haranguing a subscriber over the phone was doing what he trained and paid to do. The ISP's customer-retention worker was recorded by Ryan Block, a VP of product at AOL and a former tech blogger, repeatedly refusing Block's request to cancel his subscription. The …
Iain Thomson, 23 Jul 2014
Scrooge McDuck

Silicon Valley scrooges paid staff $1.21 an hour in a 122-hour week

A successful Silicon Valley firm has admitted paying staff $1.21 an hour and working them for more than 120 hours a week. State officials got involved when an anonymous tipster alerted them to the activities of Electronics For Imaging, an international business based in the Bay Area that specializes in printing technology. The …
Iain Thomson, 24 Oct 2014
RFID_snail

NBN Co execs: No FTTN product until 2015

NBN Co executives have defended the slow progress of the organisation's fibre-to-the-node rollout, telling a Senate committee it would be “unlikely” for any telco to have a product ready for launch within a year of receiving new policy directions. The statement was made by NBN Co chief customer officer John Simon. Under …

Zynga lures Microsoft's gaming chief with bulging package

Shiny new Zynga chief Don Mattrick will get a hefty package when he joins the firm next week, with around $50m hitting his bank account in the next few years. The firm said in a regulatory filing that Mattrick, who's leaving his job as head of Microsoft's Xbox business to join the mobile gaming biz, will get a base salary of $1m …

Eric Schmidt trousers his monstrous package at Google

Top Googler Eric Schmidt is getting a tasty $6m bonus for his performance at the Chocolate Factory this year, part of a package of $15m getting spread around among the C-suite Oompa Loompas. Neither of the firm's co-founders, chief exec Larry Page and Sergey Brin, are getting a 2012 bonus: but Google's top lawyer, the head …
iTunes App Store Hall of Fame

In-app redemption codes spotted in iOS App Store

Apple is now allowing some developers to offer redemption codes for in-app purchases on its iOS platform. Editor Jeff Scott spotted the offer in a promotion from Electronic Arts for its Real Racing 3 title. The company is allowing users the opportunity to receive free in-game currency by way of a code delivered via email. Here …
Shaun Nichols, 16 May 2014
Tim Cook

Tim Cook gets weensy 1.9% increase - but it's still twice an average joe's salary

Apple CEO Tim Cook has been handed an $80,000 pay rise - a modest 1.9 per cent increase of his total take-home pay, which nevertheless amounts to almost twice what the average American worker can expect to take home in a whole year. In 2013, Cook was bunged a whopping $4.25m for leading Apple, according to the fruity firm's …
Jasper Hamill, 30 Dec 2013
Robot wearing mortar board and brandishing certificates

Linux Foundation says many Linux admins and engineers are certifiable

LinuxCon 2014 The Linux Foundation on Wednesday introduced two new certification programs aimed at connecting employers with qualified Linux administrators and engineers. "The supply of labor has been far outpaced by the demand for Linux," said Linux Foundation executive director Jim Zemlin, addressing the audience at the annual LinuxCon …
Neil McAllister, 20 Aug 2014

Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC

Oracle founder and chief exec Larry Ellison has managed to stay one of the highest-paid CEOs of the hundred largest publicly traded US firms for another year, despite his shrinking package. Ellison topped the lot with a take-home of $78.4m in 2013. That's a hefty hunk of dosh, but it was down $18m from his 2012 compensation. The …
STEREO image of the Sun. Pic: NASA

Sleepy spotless summer Sun's shock solar storm surge stuns scientists

Vid The massive solar storm bathing Earth in radiation this week was a significant event not for its strength, but for its timing, say astronomers. On Wednesday, scientists detected a couple of coronal mass ejections (CMEs) which have been showering our planet, and will continue to do so over the next two days. As the peak of the …
Shaun Nichols, 12 Sep 2014

Elop's enlarged package claim was a cock-up, admits Nokia chairman

Nokia's chairman has admitted he was wrong to say that CEO Stephen Elop's €18.8m (£15.6m) payoff was all very regular and run of the mill. As the Finnish giant came under political pressure for promising its outgoing chief exec the whopping windfall, chairman Risto Siilasmaa incorrectly told the press last week that Elop's …
Andrew Orlowski, 25 Sep 2013
The Register breaking news

Google CFO nabs $1.2m bonus for five months' work

The Chocolate Factory's new chief financial officer has received a million-dollar bonus after just five months on the job. With a Tuesday SEC filing, Google said that in 2008, it splashed $6.3 million in bonus money on five of the top execs working under co-founders Sergey Brin and Larry Page and chief executive Eric Schmidt. …
Cade Metz, 03 Mar 2009
Nokia Lumia 630

Nokia emits Windows Phone 8.1 'Cyan' upgrade for Lumia gear

Nokia is rolling out Windows Phone 8.1 as an over-the-air update that comes bundled with "Cyan," a special feature package that's exclusive to Lumia devices. The move comes two months after the Finnish firm launched the Lumia 630, its first new device since becoming a Microsoft subsidiary and the first phone to ship with Windows …
Neil McAllister, 15 Jul 2014
Teaspoon with lumps of sugar

Sweet work, fellas: Boffins build high-density battery powered by sugar

Scientists at Virginia Tech have come up with a new battery that uses one of nature's most common forms of energy storage – sugar. sugar battery American innovation in action "Sugar is a perfect energy storage compound in nature. So it's only logical that we try to harness this natural power in an environmentally friendly way …
Iain Thomson, 22 Jan 2014
HPApollo8000

HP targets supercomputers with Project Apollo

HP is imprisoning powerful Intel Xeons inside water-cooled cages ... for science! The company announced on Monday that it has developed two new classes of server for high-performance computing workloads as it prepares to go against traditional supercomputer makers like Cray, Fujitsu, IBM, SGI, and others for the lucrative high- …
Jack Clark, 10 Jun 2014
Toshiba NAND wafer

REVEALED: Fusion-io shopped itself to 11 firms... 10 declined

+Analysis Fusion-io shopped itself to 11 companies and only got one offer. A Schedule 14D-9 SEC filing about the $1.1bn SanDisk acquisition of Fusion-io reveals that: SanDisk and Fusion-io first discussed a possible commercial arrangement in Summer 2013. Fusion-io talked to other potential partners as well. SanDisk expressed acquisition …
Chris Mellor, 26 Jun 2014