Visa policies threaten innovation but aren’t stopping hiring abroad

The growing intensity of the US visa approval process has made it more difficult for companies to attract, support and retain foreign talent. However, recruiters are still sourcing talent from abroad at an increasing clip. According to a recent, roughly 30-page, report published by Envoy – the corporate workforce immigration management platform – US corporate […]

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Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical […]

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Still spinning? Seth Meyers offers up handy breakdown of Michael Cohen’s testimony

Donald Trump’s former personal attorney Michael Cohen testified before Congress on Wednesday, in what Seth Meyers called “truly one of the most eventful days in the Trump presidency.”
The Late Night host thankfully provided a comprehensive, hilar…

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Europe issues a deadline for US’ Privacy Shield compliance

The European Commission has finally given the U.S. a deadline related to the much criticized data transfer mechanism known as the EU-US Privacy Shield . But it’s only asking for the U.S. to nominate a permanent ombudsperson — to handle any EU citizens’ complaints — by February 28, 2019. If a permanent ombudsperson is not […]

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Chinese stocks plummet as Huawei CFO arrest raises trade fears

A string of Chinese stocks fell hard on Thursday after the arrest of Huawei’s chief financial officer Meng Wanzhou in Vancouver deepened concerns over US-China trade tensions. The Hang Seng China Enterprises Index of Chinese companies listed in Hong Kong was off 2.76 percent as of 12:40 p.m. On the Mainland side, the CSI 300 […]

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Microsoft signs $480 million HoloLens contract with U.S. military to ‘increase lethality’

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Microsoft just won a $480 million contract with the U.S. military. 

The Redmond, Washington based tech giant will be providing prototypes of its augmented reality headset, HoloLens, for the Army to use in combat missions and in training.

While the U.S. Army already uses Microsoft’s HoloLens devices in training, this latest development would bring the headsets onto the battleground and into live combat. The terms of the contract could see the U.S. military deploying 100,000 of the company’s AR headsets.

The contract is part of a military program called HUD 3.0, for “heads up device.” Also known as the Integrated Visual Augmentation System, the government’s description of the program states its purpose is to “increase lethality by enhancing the ability to detect, decide and engage before the enemy.” Read more…

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View More Microsoft signs $480 million HoloLens contract with U.S. military to ‘increase lethality’

WTF is happening to crypto?

Four days ago the crypto markets were crashing hard. Now they’re crashing harder. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning, and nearly everything else is falling in unison. Ethereum, flying high at $700 a few months ago, is at $140. Coinbase, that bastion of crypto stability, […]

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US government loses bid to force Facebook to wiretap Messenger calls

US government investigators have lost a case to force Facebook to wiretap calls made over its Messenger app. A joint federal and state law enforcement effort investigating the MS-13 gang had pushed a district court to hold the social networking giant in contempt of court for refusing to permit real-time listening in on voice calls. […]

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U.S. Treasury sanctions North Korea over Sony hack and WannaCry attack

The U.S. government has issued sanctions against a North Korean individual and an entity over historical cyberattacks, which wreaked billions of dollars in damages. In a statement, the U.S. Treasury named North Korean programmer Park Jin Jyok for working on behalf of Pyongyang for his involvement in carrying out several cyberattacks against U.S. and global […]

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Facebook, Twitter: US intelligence could help us more in fighting election interference

Facebook’s chief operating officer Sheryl Sandberg has admitted that the social networking giant could have done more to prevent foreign interference on its platforms, but said that the government also needs to step up its intelligence sharing efforts. The remarks are ahead of an open hearing at the Senate Intelligence Committee on Wednesday, where Sandberg […]

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‘Five Eyes’ governments call on tech giants to build encryption backdoors — or else

A pact of five nation states dedicated to a global “collect it all” surveillance mission has issued a memo calling on their governments to demand tech companies build backdoor access to their users’ encrypted data — or face measures to force companies to comply. The international pact — the US, UK, Canada, Australia and New […]

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