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Google To Pay CFO $5-Million-Dollar Signing Bonus

Posted On March 26, 2015

(San Francisco, CA) -- Google's new chief financial officer is getting a hefty signing bonus. Ruth Porat will get five-million dollars just for coming on board, as well as 650-thousand dollars a year. Moreover, she will eligible for millions of dollars in stock as part of her hiring agreement. Google hired the former Morgan Stanley…

Obama Puts Spotlight On Economy

Posted On March 26, 2015

(Birmingham, AL) -- President Obama is again shining the spotlight on the economic recovery.   Speaking at a community college in Alabama, Obama said there's still a lot of hard work ahead to help more people "climb into the middle class." Obama argued that true economic growth comes from the bottom up, not the top…

Stocks Close Lower To Extend Losing Streak

Posted On March 26, 2015

(New York, NY) -- It's a four-day losing streak on Wall Street as stocks closed in negative territory Thursday. The Dow Jones Industrial Average lost 40 points to close at 17-678. The Nasdaq fell 13 points to 48-63 and the S&P 500 shed five points to end the session at 20-56. Semiconductor stocks were some of the…

Twitter Launches Video Streaming App Periscope

Posted On March 26, 2015

(Undated) -- Twitter is offering a new perspective on social media with its Periscope. The company's new video streaming app went live Thursday, just days after reports surfaced saying Twitter had blocked recently-launched rival app Meerkat. While Meerkat has attracted a strong following of celebrity users like Jimmy Fallon and Ashton Kutcher in the weeks…

Forbes’ List Of The Smartest Tech Investors Is Dominated By Bay Area Companies

Posted On March 26, 2015

(undated) -- Sequoia Capital partner Jim Goetz holds down the number 1 spot in Forbes' Midas List of the world's top 100 venture capital investors. Goetz was the lone investor in WhatsApp, which was recently purchased by Facebook for 22-billion dollars. He is one of ten Sequoia partners on the list. Benchmark partner and Twitter…