Connect to share and comment

Google awards $100 million in restricted stock plus $6 million cash bonus to Eric Schmidt

MOUNTAIN VIEW, Calif. - Former Google CEO Eric Schmidt is getting paid a lot more than he did when he was running the Internet company. Schmidt is getting an award of $100 million in Google Inc.'s restricted stock for the second time in the three years since he relinquished the CEO job to company co-founder Larry Page.

French to make 1 bn euro tax claim against Google

French authorities have decided to make a tax claim of 1 billion euros against Google following a probe into the tax strategies by the US Internet giant, Le Point magazine reported Tuesday. A Google spokesman in France declined to comment on the report, saying the company does not comment on rumours. The French finance ministry also declined to comment, citing tax confidentiality.

Google Glass rolls out prescription lenses

Los Angeles, Jan 29 (EFE).- Tech giant Google is now offering prescription lenses for the Google Glass wearable device, a product that can be obtained only by applying for it on the company's Web site and paying a $1,500 upfront fee. Google Glass, which is still in the test phase, is expected to hit the consumer electronics market this year, Google said. The new titanium frames offer different styles and cost an additional $225. Google Glass came out in 2012 and has been spreading via the Glass Explorer Program launched by the California-based company.

Sundance opens door on Chinese Web junkie detox camps

Chinese authorities have created military-run bootcamps to wean teenage Internet "junkies" off their online addiction -- and a new documentary opens the door on what goes on inside. With 24 million young people spending more than six hours a day online, China is the first country in the world to recognize Web dependency as a medical condition, according to "Web Junkie," in competition at the Sundance Film Festival.

Google launches private ferry service to help take workers from San Francisco to Mountain View

SAN FRANCISCO - How's this for an employee perk? Google workers commuting from San Francisco to the company's Silicon Valley campus can now make part of the trek on an 83-foot, Wi-Fi-equipped catamaran. The popular search engine has launched a free ferry service from San Francisco's ferry terminal to the Port of Redwood City about 26 miles away, where employees can then hop a private bus to work.

BC teen who won Google prize juggles school work with science fair project

Ann Makosinski is becoming a master of managing her time. After taking the top prize in her age group at Google's annual science fair, the high school student has been fielding inquiries from companies interested in her project, juggling homework and extra curriculars with speaking engagements, and still finding time for the occasional pizza night with friends. "I've just been super busy," said the bubbly 15-year-old. "I've just had to be like, ok I already have way too much on my plate, I just have to try and balance what I can manage currently."

Canada's antitrust regulators poised to escalate investigation into Google's search dominance

SAN FRANCISCO - Government regulators in Canada are poised to open a formal investigation into whether Google is abusing its dominance of the Internet search market to stifle competition and drive up digital advertising prices. Canada's Competition Bureau indicated in a filing made in an Ottawa federal court earlier this week that it suspects that Google Inc. has been breaking the country's antitrust laws. Regulators are seeking a court order that would require Google's Canadian subsidiary to furnish antitrust investigators with internal company records.

Government report finds Google co-founders, former CEO improperly saved millions on jet fuel

SAN FRANCISCO - A government report has determined a fleet of aircraft owned by Google's founders and former CEO received improper discounts on jet fuel that saved the three billionaires up to $5.3 million. The findings released Wednesday by NASA's Inspector General surfaced during a review of a government airfield lease for seven planes and two helicopters controlled by Google's founders, Larry Page and Sergey Brin, and the Internet search company's former CEO, Eric Schmidt.

French culture minister snubs Google at major Paris event

France's culture minister on Tuesday cancelled her attendance at a Paris launch of a Google cultural hub at the last minute, in a snub to the US giant over data protection and other issues. The French government is at loggerheads with Google over privacy, a push to make it pass on part of its advertising revenue to newspapers and other content providers its search engine links to, and its controversial tax arrangements.

French culture minister snubs Google at major Paris event

France's culture minister on Tuesday cancelled her attendance at the Paris launch of a Google cultural hub at the last minute, in a snub to the US giant over data protection and other issues. The French government is at loggerheads with Google over privacy and its controversial tax arrangements, but the cancellation prompted a last-resort scramble at the presidency and prime minister's office, which asked Innovation Minister Fleur Pellerin to go to the afternoon event instead.
Syndicate content