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  • 1. WEEKLY NEWS
  • 2. Google gives top executives 30% pay raise, up to 250% bonus
    • Internet search giant Google Inc has approved a handsome pay hike of 30 per cent and bonuses of 250 per cent of the base salary for its top executives starting next year. 
    • 3. Google said its four top executives - Patrick Pichette, Chief Financial Officer, Global Business Head Nikesh Arora, Engineering-and-Research Chief Alan Eustace and product chief Jonathan Rosenberg- would each see their increase in pay from USD 500,000 to USD 650,000 next year. This represents a rise of 30 per cent. 
  • Sites such as Facebook are being used increasingly by companies to screen candidates," said Marcus Sandmann, Michael Page's head of marketing for Asia Pacific. " 
    Sites such as Facebook are being used increasingly by companies to screen candidates," said Marcus Sandmann, Michael Page's head of marketing for Asia Pacific. " 
    Twitter , video-sharing sites such as YouTube and online forums or blogs are also being used to gather information about prospective employees. 
    Employees beware! Facebook, Twitter can harm your job prospects
  • 4.  A low-cost power stingy tablet for children in rural India that can be charged using solar energy.
    Singapore's Nanyang Technological University (NTU) and Rice University are developing an electronic notepad that consumes very little energy. This device, called I-slate may soon allow some of the estimated 100 million Indian children who attend schools without electricity to have access to an electronic notepad. 
    A nonprofit based in Hyderabad, ViDAL is partnering with ISAID to test the first I-slates in Mohd Hussainpalli village, some 110 kilometers southwest of Hyderabad in a drought-prone area.
    iSlate: A 'Pad' for Indian kids
  • 5. Americans uncomfortable with U.S. government ownership of General Motors may want to hear more: One of those banks is the Industrial and Commercial Bank of China, one of China's four big central government banks.
    Americans uncomfortable with U.S. government ownership of General Motors may want to hear more: One of those banks is the Industrial and Commercial Bank of China, one of China's four big central government banks.
    This is the first time Chinese government banks have participated in a major U.S.-issued IPO, according to IPO tracking firm Dealogic. The banks are listed as co-managers in the offering, meaning they will sell a portion of the new shares.
    China to play role in General Motors IPO