New Visa Freeze By Trump Administration Targets Foreign Workers

An extension of a halt in issuing of green cards as well as a suspension of visas for foreign workers being allowed in the United States till 2020 announced by President Donald Trump. The new visa policy announced by Trump is expected to affect a high-skilled tech workers, non-agricultural seasonal helpers, au pairs and top…

Pressure Intensifies On Apple After Microsoft President’s Criticism Of App Stores

Microsoft has supported the calls for conducting an antitrust investigation into the alleged monopolistic practices at App Store which has put more pressure on Apple. Earlier this month, the policy of Apple to take a 30 per cent cut from antitrust investigation that the iPhone maker takes to allow the developers to sell their products…

Huawei to build $494.24 million chip designing and research facility close to Cambridge, Britain

In a report the Sunday Times newspaper said, embattled Chinese telecoms equipment maker Huawei Technologies Co Ltd is likely to receive planning permission later this week, to build a $494.24-million (400-million-pound) research and development center in Britain’s Sawston village. Huawei’s facility, located 7 miles (11 km) from Cambridge, will be built for researching and developing…

Toshiba considering gradual divesting of stake in flash memory chip business

On Saturday, according to two sources familiar with the matter at hand, Toshiba Corp plans on gradually trimming its 40% stake from Kioxia Holdings following its IPO later this year. Kioxia Holdings, the world’s second-largest flash memory chip maker, is considering ploughing back nearly 50% or more of its post-tax proceeds from the sale of…