The Wall Street Journal-20080122-Business Technology- In Brief
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Business Technology: In Brief
Qualcomm Compensates
Jacobs at $15.1 Million
Qualcomm Inc. said Chief Executive Paul E. Jacobs received total compensation valued at $15.1 million in fiscal 2007. The company said his pay included stock awards valued at $131,671, option awards valued at $10.8 million and a $1.06 million salary. He realized $10.7 million in value from the exercise of options in 2007, a Securities and Exchange Commission filing said. Mr. Jacobs asked that his fiscal 2008 salary not rise from 2007's level, the filing said.
Vodafone to Grow in India
With $2 Billion Investment
Vodafone Group PLC plans to invest $2 billion in India this year to expand its services, underscoring the company's foray into the country's booming telecommunications market. Chief Executive Arun Sarin didn't specify how the money will be spent, but the company has previously stated it intends to invest in establishing new telecommunications towers to improve its service coverage. Vodafone has been aggressively targeting emerging markets.
Cisco Plans Investment,
New Center in Dubai
Cisco Systems Inc. said that it will invest $1.59 billion in the United Arab Emirates' information- and communications-technology sector over the next five years. As part of the investment, which is expected to create as many as 650 jobs at Cisco by December 2010, the San Jose, Calif., high-tech company will open its new regional headquarters in Dubai in April.
