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US on-site openings shrink for techies as IT hits pause button

Economic Times

Economic Times · 2m ago

US on-site openings shrink for techies as IT hits pause button

Indian software majors like TCS, Infosys, and Wipro are pausing on-site deputations to the US amidst business uncertainties and tighter immigration policies. Though they cleared workers for foreign assignments, visa processes remain delayed. This pause is influenced by business dynamics, demand slowdown, AI efficiencies, and tighter US visa regulations. Additionally, hiring locals or subcontractors overseas increases costs, prompting firms to temporarily hold such deputations until more clarity from the US government emerges.

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Techies’ American dream fast turning into desi nightmare

Economic Times

Economic Times · 4m ago

Techies’ American dream fast turning into desi nightmare

Indian engineers in the US, particularly on H-1B visas, face growing uncertainty due to tech sector layoffs and immigration challenges. Layoffs, termed "Liberation Days," have hit US startups and hardware firms. Experts warn of potential future workforce reductions. Indian H-1B holders, comprising 72.3% of issued visas, are significantly impacted. Legal and staffing experts advise upskilling and adapting, noting remote work opportunities in India amid visa and economic shifts. Despite challenges, immediate visa policy changes seem unlikely.

Redesigned Apple Watches not subject to import ban, US Customs says

Economic Times

Economic Times · 1y ago

Redesigned Apple Watches not subject to import ban, US Customs says

US Customs and Border Protection has determined that Apple can use a redesign to bypass an import ban on newer Apple Watch models. The ban, issued by the US International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on December 26. Apple convinced a US appeals court to pause the ban the next day and has since resumed selling the watches as it contests the import ruling. The customs agency's decision could be overruled if the ITC disagrees with it.

Infosys completes 25 years to US listing, here are its hits and misses

Livemint

Livemint · 1y ago

Infosys completes 25 years to US listing, here are its hits and misses

IT services company Infosys celebrated its 25th anniversary of being listed on the Nasdaq exchange in the US. Since listing in the US, Infosys has grown significantly and established itself as a global leader. The decision to list in the US was strategic, as 60% of the company's business came from America and it wanted to instil confidence in its clients. Infosys was founded in 1981 and went public in India in 1993. The company's focus on corporate governance and disclosure norms, coupled with its continuous growth, has made it highly attractive to investors.

How much Netflix pays employees in jobs ranging from administrative assistant to engineer, according to salary data

Business Insider

Business Insider · 1y ago

How much Netflix pays employees in jobs ranging from administrative assistant to engineer, according to salary data

Netflix is looking to expand its advertising and gaming efforts, as well as its product teams, prompting the company to list over 400 job openings on its careers page. Despite a tough 2022, including a loss of subscribers and layoffs, Netflix has regained momentum, outpacing streaming competitors like Disney+ in the fourth quarter of 2023. The company's salary levels in the US were recently analyzed, with base salaries ranging from $72,000 to $1 million per year for various positions, according to data from the US Department of Labor.

Binance, SEC request pause in legal battle as Trump's crypto policy takes shape

Economic Times

Economic Times · 6m ago

Binance, SEC request pause in legal battle as Trump's crypto policy takes shape

Binance and the US SEC have requested a 60-day pause on the lawsuit against Binance, influenced by a new task force on crypto regulations. This pause indicates a shift towards a more crypto-friendly approach under President Trump's administration. The SEC had previously sued Binance over accusations related to trading volumes and customer funds. The task force, led by Commissioner Hester Peirce, aims to improve the regulatory climate for the crypto industry.

Feature Update! Play startup Quiz and Polls now on Medial!

Medial

Medial · 1y ago

Feature Update! Play startup Quiz and Polls now on Medial!

After scrolling 10 news pieces you will now get to play a quiz/poll on Medial! Test your GK on startups and participate in interesting polls to know users better! We have introduced these micro-games to make sure you get enough fun in all the reading that you do on the app! If you like the features please rate us on playstore as it would help us gain more traction! Please UPDATE your app from playstore to access the new features! Happy reading! For any suggestions on the app or feature requests email us at contact@medial.app! Read our blog on upcoming features and updates by clicking "View Source" button below-

Disney+ Hotstar Brings In Pause Ads Feature For Its Connected TV Feed

Inc42 · 1y ago

Disney+ Hotstar Brings In Pause Ads Feature For Its Connected TV Feed

Disney+ Hotstar has introduced pause ads for its Connected TV (CTV) feed, making it one of the first platforms in India to offer this feature. Consumer brand executives from Marico Limited, Mondelez India, and ITC Limited have partnered with Disney+ Hotstar to run their ad campaigns during the pause. In addition to pause ads, Disney+ Hotstar also provides advertisers with various CTV ad formats, such as auto-expanding billboards, prerolls, midroll ads, and click-to-WhatsApp integrations.

Bitcoin hits all-time high at $80,092

Inshorts · 9m ago

Bitcoin hits all-time high at $80,092

The world's biggest cryptocurrency Bitcoin crossed the $80,000-mark and hit an all-time high at $80,092 on Sunday. The boost is a result of US President-elect Donald Trump's embrace of digital assets and the prospect of US Congress featuring pro-crypto lawmakers. Bitcoin is up 65.4% from the year's low of $38,505 it hit on January 23.

Zero-Day Exploit Hits Microsoft SharePoint: FBI, Microsoft Warn Users to Patch Immediately

StartupTalky

StartupTalky · 1m ago

Zero-Day Exploit Hits Microsoft SharePoint: FBI, Microsoft Warn Users to Patch Immediately

A zero-day exploit targeting Microsoft SharePoint has been reported, prompting immediate patch installation warnings from Microsoft and the FBI. These attacks affect on-site SharePoint servers used by businesses and government bodies but do not impact SharePoint Online. The exploit allows attackers to perform spoofing, posing a significant risk. Concurrently, Microsoft is undergoing layoffs, impacting approximately 9,000 employees globally as part of structural changes to position the company for future success.

Razorpay projects EBITDA breakeven in FY26

The Arc Web

The Arc Web · 9m ago

Razorpay projects EBITDA breakeven in FY26

Razorpay's management anticipates that the company's EBITDA loss will shrink further in FY25 before it declares a small EBITDA profit of $3-4 million in FY26. It has projected a topline of nearly $550-600 million for FY26.

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