Lenovo CEO shares $3M bonus with employees

A Lenovo chief executive helped the image of fat cat CEOs everywhere Thursday. Yang Yuanqing (second from the left, above) CEO of the China-based PC maker took $3 million he received above his normal bonus and distributed it to 10,000 underlings. The $314 payout to employees amounted to an entire month of wages for the average factory worker assembling cell phones and other consumer items.

Funding Daily: VC helping hands lead to startup happy feet

Good thing we start happy hour late here at VentureBeat, or we would have missed Fab.com’s big news yesterday afternoon. In other $100+ announcements, Penguin took an independent, self-publishing platform under its wing, and Microsoft and Yammer sealed the deal. If its under $100 million, does it still count as news? Yes! So keep on reading for what happened today, above and below the $100 million threshold.

Marketers, here’s why mobile pay-per-click ads are your best buy

As smartphone technology comes ever closer to equaling that of the personal computer, many of the tried and true marketing techniques of the Digital Era are transitioning to those miniature devices. Mobile search is the latest frontier to be pushed by app developers and web designers. Mobile search is expected to surpass desktop search by 2015, according to Marin Software’s March 2012 State of Mobile Search in the U.S. report.