Hulu more than doubles revenues this year
Three years on from its private beta launch, on-demand TV streaming service Hulu.com is expected to earn more than $240m this year.
Jason Kilar, chief executive, revealed the figure at the NewTeeVee Live conference in San Francisco on Wednesday, but refused to comment about reports that the US service was heading for an IPO. Read more
Cash is king for Googlers
One of the inflated myths about Silicon Valley is that the place runs on the currency of stock options.
In big tech companies, cash plays a much more important part in staff retention – as Google has known for some years. So the across-the-board pay rise it has just come up with for all 23,331 Googlers is confirmation that while options are alluring in early-stage start-ups, most employees prefer cold, hard cash.
This may sound like the opposite of the risk culture that the Valley is meant to celebrate. But in the midst of a ferocious war for talent, Google has taken the temperature among employees and struck a different note in how it sets incentives. Read more
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Richard Waters has headed the FT's San Francisco bureau since 2002 and covers Google and Microsoft, among other things. A former New York bureau chief for the FT, he is intrigued by Silicon Valley's unique financial and business culture, and is looking forward to covering his second Tech Bust.
Chris Nuttall has been online and messing around with computers for more than 20 years and since 2004 has reported from the FT's San Francisco bureau on semiconductors, video games, consumer electronics and all things interwebby.
Maija Palmer has been writing about technology for the FT since 1999 and is fascinated by cybercrime, privacy and all the other issues of the information society. Based in London, she covers European tech companies and hopes that they won't all get acquired by American rivals.
Robin Kwong is the FT's technology, media and telecoms page editor in London. Formerly he was the Taipei correspondent and wrote about the companies that manufacture the vast majority of the world's computers and gadgets. He is interested in the intricacies of the technology supply chain and how China is increasingly changing the tech landscape.
Tim Bradshaw is the FT's digital media correspondent, and has just moved from London to join our team in San Francisco. He has covered start-ups such as Twitter and Spotify, as well as the online ambitions of more established media companies, such as the BBC iPlayer. He also covers the advertising, marketing and video-game industries. Tim has been writing about technology, business and finance since 2003.
