Search Result for : Silicon Valley

PTI Indian-American Congressman Ro Khanna has said the US needs to "remain open" to immigrants who contribute to creating jobs and help shape the economy, as he called for "common sense" reforms in the H1B visa system. Khanna, who represents the Silicon Valley where a large number of Indians and other immigrants work, said many Americans believe the H1B visa programme needs to be reformed. "Of course, we have to end the abuses. We shouldn't have companies that have more than 50% H-1B visas and we should make sure that they are paid the prevailing wage," Khanna, a first-time Congressman, told PTI in an interview. "These are common sense reforms that even people like Venk Shukla (TiE Silicon ...

The Dollar Business Bureau US multinational auto maker, Ford said that it will invest about $1 billion in the next five years in an artificial intelligence (AI) start-up with the purpose of creating an autonomous vehicle by 2021. The auto giant will take a majority share in the Argo AI, an artificial intelligence firm headquartered in Pittsburgh, which was founded in 2016 by former employees of Google and Uber. The venture will hire leading engineers and ‘roboticists’ for developing a system of ‘virtual driver’, described by officials of Ford as the ‘brain’ of autonomous vehicle. Raj Nair, Executive Vice President of Ford, said that the setup is aimed to give the company a head start on its counterparts in the competition for commercialising the autonomous vehicles. “It will have the "speed and ...

PTI Silicon Valley's top executives, including India-born CEOs Google's Sundar Pichai and Microsoft's Satya Nadella, condemned President Donald Trump's immigration ban on people from seven Muslim-majority countries, voicing concern that the move could directly hit their own staffers and stop bringing great talent to the US.Executives from Microsoft, Google, Apple, Netflix, Tesla, Facebook, Uber and other top American companies slammed Trump's immigration order that sparked widespread protests across the US.Trump yesterday signed a sweeping executive order to suspend the arrival of refugees and impose tough new controls on travellers from Iran, Iraq, Libya, Somalia, Syria and Yemen, as part of new measures to "keep radical Islamic terrorists" out of America.Condemning the move, Nadella, in a post on LinkedIn, said "As an ...

The Dollar Business Bureau  “Generations of Indian and Hindu Americans have strengthened our country…your values of hard work, education and enterprise have truly enriched our nation.” “They are taking our jobs. China is taking our jobs. Japan is taking our jobs. India is taking our jobs. It is not going to happen anymore, folks!” "Today we are transferring power from Washington DC to the people!" "From this day forward it will only be America first!" Yes, all those statements come from one person, none other than Donald Trump, who has been sworn-in as the 45th President of the United States of America on January 20, 2017. If statements made during the long-drawn election campaign form the basis of elaborate predictions about the impact of ...

Source: PTI A new investment initiative, announced by President Barack Obama during his New Delhi visit early this year, that makes it easier for the Indian diaspora to invest in small and medium businesses in India has been launched in Washington. The Indian Investment Initiative (III) was launched on Friday in partnership with US Agency for International Development (USAID) and Calvert Foundation. The initiative had gained momentum in recent weeks, particularly after Prime Minister Narendra Modi's last month trip to Silicon Valley. “The Calvert Foundation, together with USAID and the State Department, just launched an initiative that will make it easier for the Indian American diaspora to invest in small and medium-sized businesses back home,” US Secretary of State John Kerry ...

Source: PTI Innovation, entrepreneurship, technology and renewable energy would be the focus of Prime Minister Narendra Modi during his visit to Silicon Valley over the weekend where he will meet CEOs of top American companies like Apple, Microsoft, Google and Tesla. On the first day of his arrival in Silicon Valley on September 26, Modi would visit the campus of iconic Tesla where he would be welcomed by its CEO Elon Musk. Modi would have a look at some of their path breaking inventions, particularly in the renewable energy sector. “One of the important interests in Tesla is in battery technology because it has implications on in terms of storage and renewable energy,” Indian Ambassador Arun K Singh said. Later, Modi would ...