A federal judge rejected as too low a $324.5 million settlement of a class-action lawsuit alleging Google and Apple conspired with several other technology companies to block their top workers from getting better job offers.
Nearly 60,000 high-tech workers are likely to receive an average of $4,000 apiece in a settlement of a class-action lawsuit alleging Apple and Google conspired in an illegal cartel of Silicon Valley employers that secretly refused to recruit each other’s engineers.
Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another.
Google paid co-founders Larry Page and Sergey Brin their customary $1 salaries last year while Executive Chairman Eric Schmidt’s compensation more than doubled to $19.3 million.
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.
Google’s executive chairman has called the alleged spy tracking of communication data by the National Security Agency “outrageous” and potentially illegal, according to a published report.
Google is paying nearly $15 million in bonuses to four of the Internet search company’s top executives for their performances last year.
It’s a sentiment that, reportedly, is shared by a number of Silicon Valley executives; but one that few, if any, have shared publicly.
Google chairman Eric Schmidt’s glimpse of the Web being used at a top university in Pyongyang makes him part of a tiny elite that has seen the Internet in North Korea.
Students at North Korea’s premier university showed Google’s executive chairman Tuesday how they look for information online: they Google it.