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Yahoo's New CEO Marissa Mayer gets $70 million pay package

New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday.
Mayer's pay package is made up of $1 million in annual salary, as much as $2 million in an annual bonus, and $42 million in stock options and other awards, as well as $14 million in "make whole restricted options" for forfeiture of compensation from Google.

Microsoft sacks unknown number of employees

Microsoft said on Thursday it was cutting an unspecified number of jobs in marketing and advertising as part of a move to 'align' its operations to key priorities.
The tech giant gave no specific numbers or details, but the move came after it announced a writeoff of $6.2 billion in its online operations.
"I can confirm that there were job eliminations today at Microsoft," a spokesman said in a statement.

Job Opportunities for photographers, models and make-up artists by E-commerce

Rasika Mathur remembers the time when she used to gamely double up as a make-up artist while some of her colleagues volunteered asmodels at e-commerce startup Snapdeal.com. Just a year on, both she and the company have come a long way - she is its full-time corporate communications director while the company has turned to professional models to lure India's rapidly-growing army of online shoppers. 

GE to open Research & Development centres in India

BANGALORE: GE India will invest Rs 300 crore to set up multi-disciplinary R&D and technology centres here, as the conglomerate considers investment in India strategic to its global plans.

"India holds immense strategic importance in GE's overall growth plans. The new investment will further strengthen our efforts to partner the state of Karnataka and provide best in class products and localised solutions for the people of India," GE India President & CEO John Flannery said.

IIT Delhi graduate gets Rs 70 lakh job offer from Twitter

BHOPAL: Twitter has offered a 22-year-old IIT-Delhi graduate from Madhya Pradesh's Vidisha town a job for an annual salary of Rs 70 lakh following seven online interviews. Swapnil Jain will join Twitter's San Francisco headquarters on October 1 and report to a manager of Indian origin.

GE to open R&D centres in India

BANGALORE: GE India will invest Rs 300 crore to set up multi-disciplinary R&D and technology centres here, as the conglomerate considers investment in India strategic to its global plans.

"India holds immense strategic importance in GE's overall growth plans. The new investment will further strengthen our efforts to partner the state of Karnataka and provide best in class products and localised solutions for the people of India," GE India President & CEO John Flannery said.