Tom Perkins may be able to buy a six-pack of Rolexes with the millions he made as a pioneering venture capitalist, but if he were an executive in the technology industry today, he could easily afford a boatload of luxury watches.
Google Inc., owner of the world’s most popular search engine, said second-quarter revenue surged 35 percent, helped by its acquisition of Motorola Mobility Holdings and as more users clicked on advertisements.
Groupon Inc., the largest daily- deal site, announced the departure of its second chief operating officer in six months and restated revenue figures, cutting sales to a fraction of their previous levels.
Google Inc. Chief Business Officer Nikesh Arora received $46.7 million in total compensation last year, more than double from a year earlier, becoming the company’s highest-paid executive, a regulatory filing shows.
Google Inc., owner of the world’s largest search engine, rose the most since 2011 after reporting profit that topped analysts’ estimates as advertisers boosted spending to reach consumers during the holiday season.