Monthly Archives: April 2017

Google CEO Sundar Pichai made massive $200 million as compensation in 2016

Google CEO Sundar Pichai doubled the amount he made in 2015, as he received nearly $199.7 million in compensation last year. According to a filing from Google’s parent company, Alphabet (GOOGL, Tech30), the company’s compensation committee attributed the generous pay to Pichai’s promotion to CEO and “numerous successful product launches.” Alphabet’s stock has soared this

Google gets Australian tax office demand to pay more, says to fight it

Alphabet Inc’s Google said it will challenge amended tax assessments issued by the Australian Taxation Office (ATO), which is trying to claw back billions of dollars from multinational corporations citing unpaid taxes. The ATO has increased scrutiny over how much tax multinationals operating in Australia pay. In December, it said it was pursuing seven global

Sunil Mittal wonders if US be paid back in its own coin on visa curb

As the US under President Donald Trump turns more protectionist, telecom czar Sunil Bharti Mittal today asked if India should say no to Facebook and Google just because it has similar homegrown apps. Not overly concerned about protectionism as his business is “rooted in the domestic market”, Mittal highlighted that it is unfair that movement

Tata-Docomo case: Here’s how Delhi HC order will help similar stalled deals

The Delhi High Court’s Friday judgment clearing the Tata-Docomo transaction will have a far-reaching impact on similar cases where foreign investors are looking to exit Indian joint ventures — the cases where an overseas arbitration court has given an award in favour of a foreign investor. Corporate lawyers said many private equity firms and insurance

Hacker threatens to release stolen copies of Netflix’s Orange Is The New Black series

A hacker claims to have stolen the upcoming season of Netflix’s hit series “Orange Is The New Black,” and is demanding that the video streaming service pay an unspecified ransom to prevent all the new episodes from being prematurely released online. The hacker, operating under the name The Dark Overlord, has already purportedly uploaded the