LinkedIn Co-Founder Reid Hoffman says AI won't help you cheat; it'll expose the flaws in outdated exams. It's time to test real thinking, not memory.
'Silicon Valley people are generally used to layoffs.' 'Every person who has been in the industry for 15-20 years would have been laid off at least 3-4 times.' 'In India, we aren't used to that concept.' 'So when it came here, people were shocked.'
The Trump administration has announced a massive increase in H-1B visa fees, imposing a $100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.
'I will be one of the most impactful players in Washington from day one because of the constituency I represent, which is the greatest, most influential constituency in the country, in the world. The only majority Asian district, with a huge Chinese-American and Indian-American population in a world which is going to be dominated by the United States, China and India -- the heart of the high tech innovation economy.' Ro Khanna, whose election campaign has America buzzing, speaks to Rediff.com's Aziz Haniffa.
Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
My dream is to convert Indian economy into $20 trillion from the present $8 trillion.
As part of efforts to combat climate change, Prime Minister Manmohan Singh on Monday advocated creation of Solar Valleys in India on the lines of Silicon Valleys and asked industrial houses to view the Solar Mission as a huge business opportunity.
The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen places, observes Neelkanth Mishra.
Indian Prime Minister Narendra Modi at the Facebook headquarters in California's Silicon Valley.
Elon Musk, who has previously vowed to "go to war" to defend the H-1B visa program, has reignited debate surrounding the program by labeling it "broken" and in urgent need of "major reform." Musk, along with Indian-American tech entrepreneur Vivek Ramaswamy, has been tapped by Trump to lead his Department of Government Efficiency (DOGE). While Musk acknowledges the need for foreign workers in the tech industry, he believes the current H-1B system needs significant changes, including raising the minimum salary and adding a yearly cost for maintaining the visa. The H-1B visa, which allows US companies to employ foreign workers in specialty occupations, has been a subject of debate for years. The tech industry advocates for more H-1B visas to attract highly skilled workers, while some argue that it allows businesses to replace Americans with lower-paid foreign workers.
There is an overwhelming sentiment among techies and entrepreneurs from the Silicon Valley who are eager to welcome Modi over the weekend.
'An unforgettable moment meeting Tim Cook on keynote day at Apple Cupertino! Thank you for having me, Tim. It was a pleasure to see the stunning Apple Park and to meet you! I will gladly take you up on the offer to play badminton when you visit India next.'
It is no secret that software engineers at the Silicon Valley in the United States are paid good salaries.
Domestic equity investors' wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of the biggest bank failures in the US roiled market sentiments. After a strong opening, Indian stocks went into a tailspin with the benchmark 30-share BSE Sensex tumbling nearly 900 points to close at 58,237.85 points -- sliding for the third straight trading session. The NSE Nifty too declined 258.60 points to end at 17,154.30 points.
The India-United States relationship is set to expand under the Donald Trump administration, but there could be some unease on issues like imports, tariffs and immigration, strategic affairs experts said after the Republican leader won the fiercely contested presidential election.
He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.
The journey of life will always come with its temptations; it is the ability to stick to your goal that will eventually lead you to success. A fascinating excerpt from Manish Vij's must-read book, Brick by Brick.
Indian American Congressman Ro Khanna, 47, is headed towards running for presidency of the United States, his Indian American colleagues in the US House of Representatives believe.
US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.
In a post on X, Khosla said that it is hard for him to support someone like Trump, a Republican, who has "no values, lies, cheats, rapes, demeans women", and "hates immigrants" like him.
'The story is for the first time, Silicon Valley is mobilising locally to have a voice in American politics. The national Asian American-South Asian Diaspora with the Swadesh Chatterjees and Deepak Chopras and Vinod Khoslas, and Romesh Wadhwanis, and Arshad Zakarias and Mahinder Taks are mobilising in a way that has never happened before.' Ro Khanna, who hopes to represents Silicon Valley in the United States Congress, speaks to Rediff.com's Aziz Haniffa.
Tharoor said there could be a surprise result in the election next year as there is an opposition coalition and there are chances of the INDIA alliance coming to power at the Centre by trouncing the BJP-led NDA in the general elections.
M&M was the biggest loser in the Sensex pack, declining nearly 3 per cent, followed by TCS, Bajaj Finance, Wipro, Kotak Bank, Tech Mahindra, HCL Tech and Tata Motors. In contrast, Titan, Bharti Airtel, ICICI Bank and L&T were among the gainers, rising up to 0.93 per cent.
Brainchild of Silicon Valley VC Asha Jadeja, the programme would fly entrepreneurs to Silicon Valley on a two-week visit.
The fall of the rupee has just become a symbol of all that has gone wrong with India lately.
Modi is the first Indian premier to visit the Silicon Valley and meet its top CEOs
The cabinet also agreed to the proposal to remove the governor from the post of the 'visitor' of private universities and give it to the state's education minister instead.
Indian immigrants were the leading company-founding group. They founded 13.4 per cent of Silicon Valley's startups and 6.5 per cent of those nationwide.
Indian-American Silicon Valley venture capitalist Vinod Khosla and his wife Neeru are among the latest billionaires to have pledged half of their vast fortunes to charity either during their lifetime or after death.
I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.
Brandandme.com uses quizzing and social conversation to increase brand familiarity.
Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.
US' IT industry wants a cap on H!B visas.
Former US President Bill Clinton expresses his doubts about the realization of Mahatma Gandhi's dream for India in his new book, 'Citizen: My Life After the White House'. Reflecting on his experience in the aftermath of the devastating 2001 Gujarat earthquake, Clinton recounts his encounters with the suffering and resilience of the people, questioning the extent to which India has achieved Gandhi's vision of a peaceful haven for all. The book also highlights the establishment of the American India Foundation (AIF), which Clinton helped found to support relief efforts in Gujarat. Clinton's observations on India's internal divisions, particularly between Hindus and Muslims, offer a thought-provoking perspective on the country's progress towards Gandhi's ideals.
Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.
'This trend will continue as long as the bull run continues.'
'If you are watching cricket and don't want to leave the screen, you could check the menu and order through Zomato (or any other app) from a small part of your screen. That is what we are working towards.'
It's a honour to welcome Prime Minister Narendra Modi to Silicon Valley, says Sundar Pichai.
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