Daily Archives: November 10, 2010

Chris Nuttall

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

Richard Waters

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