CNETAnalysis: Helwtte Packard’s new CEO Meg Whitman will take a base salary of just $1, with Leo Apotheker’s replacement looking to performance bonuses and share options to make her money. Whitman was brought in after Apotheker’s now infamous claim that HP was looking to spin off or sell its hardware business . The former eBay CEO will not be expecting her wage to keep (much) food on her table, with the details of her ‘compensation package’ announced by the company, including the dollar base. Stocks We’re doubting that Whitman will be struggling to pay her heating bills, however; with any measure of success bringing significant bonuses and an option to purchase 1.9 million shares if HP under its 2004 stock incentive plan. It won’t be too hard for technophiles to name another CEO who opted to take just a dollar as a salary. Steve Jobs famously took the 100 cents whilst he was in charge at Apple, and Whitman will be delighted if she can provide as much success for HP. Related Stories Sony to release 2D-to-3D sheet for VAIO S Qualcomm S4 processors to support Windows 8 Thunderbolt tech coming to PC with Acer and Asus models Dell: Why we won’t follow HP Tutorial: 5 ways Windows secretly tracks your activities
CNews Karachi. July 05: A Pakistani Scientist in Britain has invented a new chemical for processing plastic (polythene) bags which has the quality of dissolution after its use in 105 days.A manufacturing unit for these plastic bags was being set up in Turkey while interest has been shown in the setting up of a big unit and manufacturing firm’s head quarter in Karachi which will be used to supply such dissolvable polythene bags to Asian countries. The Director of UK based firm Bio Plast Biodegradable Plastics GL Punn while leading a 15 member delegation called on EDO Municipal Services City Government Masood Alam. The Executive Director of Bio Plast Pakistan Muhammad Hanif Awan and M. Sultan Mehmood Awan was also present on this occasion. The Director of Bio Plast informed the EDO Municipal Services about the characteristics of new chemical. He said that the firm was going to set up its first plant in Turkey which will be operative in next two months. The delegation also praised the vi