A $100 billion “ghost city” became a home for tech entrepreneurs, but the experiment lasted less than two years after it began

A $100 billion “ghost city” became a home for tech entrepreneurs, but the experiment lasted less than two years after it began

Forest City was meant to become a futuristic metropolis near Singapore, but its empty towers and quiet streets earned it a very different reputation. That unusual setting later attracted a group of technology entrepreneurs who saw the underused development as an opportunity to test a new way of living and working. In 2024, Network School … Read more

Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York

Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York

NEW YORK — A racketeering conspiracy trial of Huawei Technologies began in New York on Wednesday with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology from American companies, abusing the U.S. financial system and helping Iran snoop on its citizens. Racketeering conspiracy trial against Chinese tech giant Huawei … Read more

Upset About Data Centers? Big Tech and Trump Think You’re a Socialist Dupe

Attendees at a recent Trump rally in Michigan showed opposition to data centers.

If you’re against AI data centers, the joke’s on you. That’s the message from Silicon Valley and, increasingly, the Trump administration. Attendees at a recent Trump rally in Michigan showed opposition to data centers. For weeks, tech leaders have suggested foreign powers—maybe even socialists—are really behind the U.S. populist movement against artificial intelligence. In particular, … Read more

In 2014, a tech entrepreneur bought a 1,100-acre Sonoma ranch for $12 million and spent about $33 million restoring it; 12 years later, it sold for a record $38.5 million

In 2014, a tech entrepreneur bought a 1,100-acre Sonoma ranch for $12 million and spent about $33 million restoring it; 12 years later, it sold for a record $38.5 million

3100 Sonoma Mountain Rd, Sonoma A huge 1,100-acre estate high on the slopes of Sonoma Mountain has sold for $38.5 million (£29.2 million), setting a record for the highest residential property sale ever recorded in California’s Sonoma County. The large agricultural property, known as The Summit and located at 3100 Sonoma Mountain Road, was bought … Read more

Tech entrepreneur with Hollywood connections wanted by FBI after $35 million fraud. Who is fugitive ex-CEO Bernhard Fritsch?

Tech entrepreneur with Hollywood connections wanted by FBI after $35 million fraud. Who is fugitive ex-CEO Bernhard Fritsch?

Bernhard Fritsch, a fugitive ex-CEO, is wanted by the FBI after $35 million fraud conviction. He was once a tech entrepreneur with Hollywood connections, a Malibu mansion and a startup that promised to help celebrities and influencers make money from their online fame. Now, German-born entrepreneur Bernhard Eugen Fritsch is a fugitive wanted by the … Read more

H-1B visas revoked at major IT firm: US finds skilled tech jobs placed at lower wage levels, intensifies visa scrutiny

H-1B wage violations in focus as IT consulting firm loses multiple visa petitions. (Representational File Photo)

US Citizenship and Immigration Services said it has denied and revoked multiple H-1B petitions after identifying cases in which a major IT consulting company classified skilled technology positions at wage levels below what the jobs’ duties and requirements supported, raising fresh concerns over wage compliance and the use of the visa program by consulting firms. … Read more

From F1 visa to US citizenship: Indian-origin tech leader says high-skilled Indians have it harder than most but H-1B abuse should 100% stop

From F1 visa to US citizenship: Indian-origin tech leader says high-skilled Indians have it harder than most but H-1B abuse should 100% stop

Indian-American tech leader Aditya Agarwal comments on H-1B visa issue. Indian-origin tech leader Aditya Agarwal shared his experience of coming to the US as a student and then becoming a US citizen and said a lot of people have started commenting on the visa issues without actually going through it. The comments came as the … Read more

Americans don’t always want to move to coastal cities for tech jobs, leaving families: Indian-origin founder Apoorva Govind explains why companies have to hire H-1Bs

Americans don't always want to move to coastal cities for tech jobs, leaving families: Indian-origin founder Apoorva Govind explains why companies have to hire H-1Bs

Indian-origin tech leader Apoorva Govind speaks out on H-1B issue. Amid a renewed controversy over whether American jobs should be reserved for Americans and not skilled foreigners, Indian-origin tech leader Apoorva Govind presented a detailed analysis of the tech situation, breaking down which tech companies need what type of skills. Govind said she had been … Read more

H-1B loses 60-day grace period as White House office appoves plan: Indian-American entrepreneur says big tech won’t lobby against it

H-1B loses 60-day grace period as White House office appoves plan: Indian-American entrepreneur says big tech won't lobby against it

White House office approves DHS plan of scrapping 60-day grace period for H-1B visa holders. H-1B visa holders in the US used to get a 60-day grace period to stay in the US once they lose their jobs. This grace period has been a cushion to help H-1B visa holders look for another job, figure … Read more