When Eric Schmidt was CEO of Google Inc. (NASDAQ:GOOG), he was getting a $1 salary per year. This is the same salary that Larry Page and Sergey Brin received. Now Schmidt’s salary has been bumped up to $1.25 million per year as the Chairman of Google. He will also be able to receive a bonus of over 400% to a maximum of $6 million. Schmidt also owns a large percentage of Google’s shares and he sold over $300 million worth. The SEC filing that revealed Schmidt’s new salary also points out that Alan Eustace is the new Senior Vice President of Knowledge. [BusinessInsider]

Google Inc. (NASDAQ:GOOG) announced in a filing with the U.S. SEC that seven senior executives are getting a 30% raise for 2011. These seven execs are Patrick Pichette, Nikesh Arora, Jonathan Rosenberg, and Alan Eustace. Now alll of their base salaries are $650,000.

Google Inc. (NASDAQ:GOOG) said that their Street View cars had accidentally collected personal data. Google is changing their privacy practices as a result and they want to delete their data as soon as possible.

Google Inc. (NASDAQ:GOOG) had inadvertently collected personal data on individuals since 2006 when putting together a photo archive for the Google Street View service. Google engineering chief Alan Eustace said that the information was sent over unencrypted residential wireless networks as Google Street View cars with mounted recording equipment drove around.