The median pay for Alphabet employees rose 8% to $295,884 in 2021, according to a securities filing Friday, a sign of how fierce competition for talent as the pandemic dragged on drove up compensation in Silicon Valley. That increase is higher than the 6% year-on-year increase in that metric last year . Alphabet also disclosed total compensation for its most senior executives, with CEO Sundar...
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Chinese Investment Giant Hillhouse Capital Seeks to Expand Outside China
Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. The firm is best known for investments in Chinese tech giants such as Tencent, JD.com, Didi Global and TikTok owner ByteDance. But the devastation of China’s private equity and venture capital sectors, caused by...
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