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10% drop in H1B visa approvals in 2018: US authorities

10% drop in H1B visa approvals in 2018: US authorities

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

Jun 05, 2019, 11:28 AM IST
Oil drops 1%, set for biggest monthly fall since November as trade wars spreads

Oil drops 1%, set for biggest monthly fall since November as trade wars spreads

Front-month Brent crude futures, the international benchmark for oil prices, were at $65.97 at 0639 GMT, down by 90 cents, or 1.4%, from last session`s close.

May 31, 2019, 14:00 PM IST
Will Mark Zuckerberg step down as Facebook CEO? Leadership vote to decide

Will Mark Zuckerberg step down as Facebook CEO? Leadership vote to decide

The chorus is growing against Zuckerberg to step down as Chairman as the company under his leadership has failed to curb privacy violations.

May 30, 2019, 10:55 AM IST
Huawei launches 5G lab in South Korea, but keeps event low-key after US ban

Huawei launches 5G lab in South Korea, but keeps event low-key after US ban

The Chinese tech giant, the world`s top producer of telecoms equipment, said it planned to invest about $5 million in the lab in the Junggu district of Seoul. It did not provide any more details on

May 30, 2019, 10:17 AM IST
MacKenzie Bezos to give half of $37 bn alimony to charity

MacKenzie Bezos to give half of $37 bn alimony to charity

The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history entitling MacKenzie Bezos to Amazon stocks worth around $36 billion to $37 billion.

May 29, 2019, 16:15 PM IST
Walmart taps ex-Google, Amazon employee Suresh Kumar as new chief technology officer

Walmart taps ex-Google, Amazon employee Suresh Kumar as new chief technology officer

Kumar most recently worked as a vice president and general manager of display, video, app ads and analytics at Google. He will directly report to the retailer`s Chief Executive Doug McMillon, Walmart

May 29, 2019, 14:47 PM IST
Huawei challenges legality of US defence bill as sanctions fight ramps up

Huawei challenges legality of US defence bill as sanctions fight ramps up

The motion, filed late on Tuesday in the U.S. District Court for the Eastern District of Texas, asks to declare the 2019 National Defense Authorization Act (NDAA) unconstitutional in an update to a

May 29, 2019, 12:16 PM IST
Alibaba plans $20 billion blockbuster Hong Kong listing: sources

Alibaba plans $20 billion blockbuster Hong Kong listing: sources

The deal, which would be the sixth-biggest follow-on share sale ever, would give Alibaba a war chest to keep investing in technology - a priority for China as growth flags and as the world`s second-

May 28, 2019, 10:16 AM IST
885 mn bank transactions, social security numbers leaked

885 mn bank transactions, social security numbers leaked

According to KrebsOnSecurity.com, a website that covers computer security and cyber crime, the real estate title insurance giant leaked hundreds of millions of documents related to mortgage deals

May 25, 2019, 13:40 PM IST
Huawei shipments could fall by up to a quarter this year

Huawei shipments could fall by up to a quarter this year

Smartphone shipments at Huawei, the world`s second-largest smartphone maker by volume, could tumble between 4% and 24% in 2019 if the ban stays put, according to Fubon Research and Strategy Analytics

May 25, 2019, 10:07 AM IST
Possibility of including Huawei in trade deal with China: Trump

Possibility of including Huawei in trade deal with China: Trump

The world's two largest economies are locked in a trade war since Trump imposed heavy tariffs on imported steel and aluminium items from China in March last year. In response, China imposed tit-for-

May 24, 2019, 12:53 PM IST
One dollar equals 146 Rupees: How Pakistani currency is at its crumbling worst

One dollar equals 146 Rupees: How Pakistani currency is at its crumbling worst

The Pakistani government has maintained there is no need to panic because an IMF bailout package, it says, will normalise the situation.

May 15, 2019, 18:14 PM IST
Facebook raising minimum wage of contractors, content moderators

Facebook raising minimum wage of contractors, content moderators

The US-based company had drawn flak after reports of contract workers facing tough work conditions and getting low compensation came out. These reports suggested that some workers also suffered from

May 14, 2019, 16:19 PM IST
Emission fiasco: No coercive action against Volkswagen, says SC

Emission fiasco: No coercive action against Volkswagen, says SC

The apex green tribunal had on March 7 slapped a fine of Rs 500 crore on Volkswagen and directed the car maker to deposit the amount within two months.

May 06, 2019, 12:15 PM IST
Boeing did not disclose 737 MAX alert issue to FAA for 13 months

Boeing did not disclose 737 MAX alert issue to FAA for 13 months

The US planemaker has been trying for weeks to dispel suggestions that it made airlines pay for safety features after it emerged that an alert designed to show discrepancies in Angle of Attack

May 06, 2019, 09:33 AM IST
SAS pilots go on strike, stranding thousands of passengers

SAS pilots go on strike, stranding thousands of passengers

A strike across the three Scandinavian countries could affect some 170,000 passengers during the weekend, SAS has said.

Apr 26, 2019, 11:46 AM IST
Oil eases from four-month high on global growth worries

Oil eases from four-month high on global growth worries

Oil prices edged lower on Thursday, retreating from a four-month peak, as fears of a slowing global economy weighed on market sentiment.

Mar 21, 2019, 07:47 AM IST
China announces plans to stabilise growth amid trade war with US

China announces plans to stabilise growth amid trade war with US

China is targeting a GDP growth range of 6 to 6.5 per cent this year, down from 6.6 per cent in 2018 - the slowest pace in 28 years.

Mar 15, 2019, 18:03 PM IST
Qualcomm to pay Apple $1bn in rebate: US court

Qualcomm to pay Apple $1bn in rebate: US court

Even though the ruling is not final, it gives Apple a win over Qualcomm before they face-off in court.

Mar 15, 2019, 15:35 PM IST
Facebook chief product officer and WhatsApp Vice President quit

Facebook chief product officer and WhatsApp Vice President quit

Cox`s departure removes a layer of management, bringing Zuckerberg closer to a family of apps that he wants to make compatible.

Mar 15, 2019, 11:15 AM IST