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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

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

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
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
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
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 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 …
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
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
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. …

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
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
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

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
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- …
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
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
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 …

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

"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
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
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 …

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 …
Robot wearing mortar board and brandishing certificates

Linux Foundation says many Linux admins and engineers are certifiable

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

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 …

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 …
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

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
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
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
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
Toshiba NAND wafer

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

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
Doctor Who: The Robots of Death

Google, Foxconn team to build ROBOT ARMY

Contract manufacturer and long time Apple-assembler-extraordinaire Foxconn is now helping Google achieve its ambitious plans in the robotics space, according to the Wall Street Journal. The two firms have apparently been working on something since last year. People familiar with the matter told the paper that Google’s new robot …
Phil Muncaster, 12 Feb 2014
Suitcase bulging with cash

Wanna make 15 bucks? Assimilate someone into the Google Apps BORG

Google is offering an incentive for Google Apps users in the US and Canada to spread the word about the online productivity suite, in the form of a cash reward for each new customer they refer. The online ad-slinger will pay a $15 referral bonus each time a new user signs up for Google Apps using an existing customer's unique …
Neil McAllister, 10 Mar 2014

XP, Win7, Win8, App V…making Microsoft migration simple

XP to 7, XP to 8, anything to App V: changes in the data centre, the need for security, BYOD and impending upgrades mean that many of you are going through a desktop refresh. The potential for disruption and delay is huge: lost settings, migration of data, incompatible legacy apps all turn what should be a bonus for users into a …
David Gordon, 05 Nov 2013
Photo of a Sprite

Did cosmic radiation nuke $25 satellite swarm? 100 snoozing Sprites face fiery death

Bad news for lovers of amateur space exploration: a crowd-funded project that managed to send aloft 100 tiny satellites around Earth looks set to fail. The project in question is the KickSat, which kicked off in 2011 with the promise to create 100 satellites, each about the size of a pair of postage stamps and dubbed 'Sprites', …
Simon Sharwood, 06 May 2014

CSC boss post-NHS IT flop, Ford CEO 'pitched' as the next Steve Ballmer

Three top Microsoft shareholders have apparently recommended the CEOs of car-maker Ford and IT giant CSC as possible replacements for chief exec Steve Ballmer - because both bosses are in the middle of trying to turn around their companies' fortunes. It's claimed the three investors want the Microsoft board to consider Ford …
Gavin Clarke, 10 Sep 2013

Hey IBM – Lenovo here. Sort your server factory strike out, will you?

Chinese PC maker Lenovo has shrugged its shoulders at a strike in a server factory in China, saying that it's up to IBM to sort out the dispute before its server business transfers to Lenovo later this year. Yet Lenovo has said that it will keep the same salaries and benefits in place for Big Blue employees moving across. More …
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

Vulture 2 strapped to speeding van before delicate brain surgery

On Sunday, Pixhawk autopilot brain surgeon Linus Penzlien touches down in Spain ahead of some serious Vulture 2 spaceplane wrangling. Working with APM:Plane lead developer Andrew Tridgell, Linus will be hewing custom Low Orbit Helium Assisted Navigator (LOHAN) mission parameters from the living code. These include an "ascend …
Lester Haines, 07 Aug 2014

Plucky Rockall podule man back on (proper) dry land

Brit adventurer Nick Hancock left the North Atlantic islet of Rockall on Saturday, following a marathon 43 days atop the granite outcrop which saw him claim both the solo and group occupation records. A dramatic photo tweeted by Atlantic Marine Services shows the seaborne recovery operation in progress. Atlantic Marine …
Lester Haines, 22 Jul 2014
Bloodbath!

Private pain: Dell layoff bloodbath to hit over 15,000 staffers – insiders

Two sources have told us Dell is starting the expected huge layoff programme this week, claiming numbers will be north of 15,000.* The company is returning to private ownership to restructure its operations in the wake of a falling PC market, a commoditisation of the server market and a perceived need to better serve enterprises …
Chris Mellor, 03 Feb 2014