Google pays executives $15 million in bonuses

  • Internet search giant Google is to pay out nearly $15 million in bonuses to four of its top executives for their performances last year, it was revealed on Tuesday.

    Executive chairman and former boss Eric Schmidt will receive $6 million while the rest will go to its top lawyer, chief financial officer and chief business officer.

    Neither of Google's two co-founders, including chief executive Larry Page, will get a bonus though.

    The news comes on the same day the firm agreed to pay a $7 million fine in the United States for collecting people's personal data without permission as part of its Street View service.