Fund Managers Brace for US Tech Sector Downturn
Fund managers are preparing for a potential downturn or 'reckoning' in the US technology sector, highlighting concerns about the sector's future stability and investment risks.
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Chamber of Commerce Sues Trump Over $100K H-1B Visa Fee
The US Chamber of Commerce has sued the Trump administration over a new $100,000 fee on H-1B visas, arguing it will harm American businesses and the tech sector, while the White House defends the fee as a necessary reform to prevent abuse of the visa program.
US Tech Sector Faces Challenges Amid H-1B Visa Fee Increase
The US government's plan to impose a $100,000 fee on H-1B visa applications is causing concern among small firms, startups, and sectors like healthcare and education, as it could hinder their ability to hire skilled foreign workers, potentially impacting innovation and economic growth. While large tech companies may absorb the cost, smaller firms and nonprofits face significant challenges, leading to fears of offshoring and workforce shortages.