Author: arthursheikin@gmail.com

[ad_1] The H-1B visa is a gateway to the American dream for skilled immigrants, but the path for some is paved with anxiety, guilt, and uncertainty.Big Tech companies like Amazon, Meta, Google and Apple are among those allocated the highest number of these visas annually. And they can pay top dollar — sometimes as much as $500,000 — to secure talent, H-1B data reviewed by Business Insider shows.The largest demographic of H-1B beneficiaries over the last decade has been Indian nationals working in computer-related roles, according to USCIS records.Business Insider spoke to seven current or former H-1B recipients who moved…

[ad_1] Meta needs to work harder if it wants to make Anthropic sweat the AI talent wars — at least, that’s what CEO Dario Amodei is saying.Amodei said that Anthropic is generally faring better than the competition amid Meta CEO Mark Zuckerberg’s efforts to poach top talent from rivals, with reported pay packages as high as $100 million.”You can see publicly the list of people who went to the Meta Superintelligence Lab,” Amodei recently told Stripe cofounder John Collison on Collison’s “Cheeky Pint” podcast. “Even if you normalize for our size,” he said, “many turned them down.””I think relative to…

[ad_1] Meta manager Cindy Tan says earning a college degree is just the bare minimum for landing a tech job.Instead, Tan says it’s the micro-credentials you earn from bite-sized courses that will impress employers.”I’m not saying that we should all not do our degrees anymore. But I think there’s more to it, whether that’s your social experiences or being more entrepreneurial,” Tan said in an interview with Business Insider last month.Tan, 47, joined Meta in 2021 and is a managing director overseeing the social media giant’s clients in Asia Pacific.Before Meta, Tan was a regional director overseeing advertising sales at…

[ad_1] President Donald Trump made his feud with big banks official.After making his grievances against banks clear earlier in the week, Trump signed an executive order for federal banking regulators to eliminate guidance that encourages what he calls “politicized” or “unlawful” debanking.According to the executive order and a White House fact sheet, the order requires various federal regulators and agencies to “make reasonable efforts” to reinstate debanked customers. The Treasury Department is tasked with creating a strategy and new regulations to prevent “unlawful” debanking, while the Attorney General would oversee and investigate cases of people suspected of being debanked in…

[ad_1] This as-told-to essay is based on a conversation with Jeff Niu, 31, a Columbia University graduate and American-born Chinese living in Beijing. His words have been edited for length and clarity.I’m an ABC (American-born Chinese), and I’m most definitely both Chinese and American.I feel more Chinese in the US and more American in China. I have to code-switch between two personalities. It can be disorienting, but it also helps me see the strengths and flaws of both cultures.My parents met at medical school in Beijing. Our family immigrated to the US in the early ’90s, when my dad got…

[ad_1] Lots of people scroll TikTok to plan their next vacation — or dream of when they can next escape the grind. Now, they can book a hotel directly in the app.TikTok has launched an integration with Booking.com that lets users enter check-in and check-out dates and book available rooms at specific hotels. Each hotel has a dedicated landing page with information about prices, amenities, reviews, things to do nearby, and related TikTok videos about the property. Users can also tag the hotel in videos, according to several posts viewed by Business Insider.The company is separately rolling out a creator monetization…

[ad_1] Tesla is breaking up the team behind its Dojo supercomputer, ending the automaker’s play at developing in-house chips for driverless technology, according to Bloomberg. Dojo’s lead, Peter Bannon, is leaving the company, and the remaining team members will be reassigned to other data center and compute projects within Tesla, per Bloomberg’s reporting, which cited anonymous sources.  The disbanding of Tesla’s Dojo efforts follows the departure of around 20 workers, who left the automaker to start their own AI company called DensityAI. The new startup is reportedly coming out of stealth soon and is building chips, hardware, and software that…

[ad_1] In February, AI coding startup Windsurf was in talks to raise a big new round at a $2.85 billion valuation led by Kleiner Perkins, at double the valuation it hit six months earlier, sources told TechCrunch at the time. That deal didn’t happen, according to a source familiar with the matter. Instead, news broke in April that the startup planned to sell itself to OpenAI for roughly the same valuation: $3 billion.  While that deal famously fell apart, one bigger question remains: If the startup was growing that fast and attracting VC interest, why would it sell at all?  Insiders…

[ad_1] Thanks to President Donald Trump, your retirement plan could soon include a mix of stocks, bonds, and private equity investments.According to White House officials, Trump signed an executive order on Thursday that will make it easier for several alternative investments to be added to 401(k) accounts. The list includes private equity, which was previously reserved for sophisticated investors. It’s a proposal that’s raising red flags among some investment experts, who say a 401(k) should typically be a simple and relatively low-risk investment vehicle. Private equity investments, meanwhile, are often concentrated in a small number of portfolio companies, are less…

[ad_1] As David Ellison takes over the newly formed Paramount Skydance, he has a clear message for Hollywood grappling with AI’s encroachment: don’t fear it.”We’re not going to be afraid of tech, we’re going to embrace it,” Ellison said at a press event Thursday, where he fielded questions on his plans for the newly formed company. “I don’t think AI is a replacement for creativity.”Hollywood has a split personality when it comes to AI. Some like Lionsgate and AMC have publicly acknowledged recent deals with prominent AI company Runway, and Netflix has shared how it’s used AI in the content creation…