Friday 12 February 2016

12/02/16 News Stories

How much does Google's European boss really earn?

http://www.theguardian.com/technology/2016/feb/11/is-it-possible-to-work-out-how-much-google-executives-are-earning

The total wages for Google UK’s 2,329 employees over an 18-month period were £562m, implying an average annual pay packet of £161,000. Included in the total figure were “share-based payments” worth £148m. Workers in Google Ireland take home less than half the pay of their London counterparts, even though Google says the UK operation only provides support to the Irish wing, where the real expertise is. Despite their expertise, the latest accounts show the business paid the 2,577 Ireland staff wages totalling €244m for 2014, giving an average wage of €94,590, or £72,783. Google Ireland has three directors, who were paid a combined sum of €1.6m (£1.3m) in 2014 – despite running a business with sales of €18.3bn (£14bn), which accounts for almost a third of Google’s global revenue.

The Netflix black market: why your login details may not be safe

Fraudsters are harvesting account information through scams and selling them on for as little as 25 cents.

http://www.theguardian.com/media/2016/feb/11/the-netflix-black-market-why-your-login-details-may-not-be-safe

Hackers typically then sell this information for less than the normal Netflix subscription rate of about $9.99 a month. The total number of compromised accounts is not known, but one marketplace documented by Symantec claims to offer accounts for as little as 25 cents. “300,000 in stock. 7 Day Guarantee,” its advert says. Netflix accounts can be used anywhere, and by one to four people at the same time. If others are using a customer’s account, it could lock out a valid Netflix user. It is unclear how large the market is for these services and what dent, if any, they make in companies’ bottom lines. Netflix last month reported it now has more than 75 million subscribers, adding 5.59 million users during the last three months of 2015.

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