Huawei to oppose China’s retaliation against Apple

Huawei Technologies’ founder and chief executive Ren Zhengfei told Bloomberg that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. He conceded that export curbs from the administration of US President Donald Trump will cut into a two-year lead built by Huawei … Read moreHuawei to oppose China’s retaliation against Apple

Chairman Takano Statement on Memorial Day 2019

WASHINGTON, D.C. – Today, the House Committee on Veterans’ Affairs Chairman Mark Takano issued the following statement in recognition of Memorial Day 2019. “This Memorial Day, we must take a moment to honor the sacrifice of all those who’ve served our country in war and in peace– it is our moment to pay tribute to … Read moreChairman Takano Statement on Memorial Day 2019

Hackers ‘hijack’ US cities with stolen NSA tool

For 3 weeks, Baltimore has struggled with a cyber attack by digital extortionists that has frozen thousands of computers, shut down email and disrupted real estate sales and other services. A key component of the malware that cyber criminals used was developed at Baltimore-Washington Parkway at National Security Agency, according to security experts. Please follow … Read moreHackers ‘hijack’ US cities with stolen NSA tool

BBSW Lower = Banks Sitting On Margin Advantage

The Bank Bill Swap Rate continues to track down, which means that Banks are sitting on considerable funding advantage, which is being used to discount attractor mortgage rates. However, there is a strong case now for banks to reverse their out of cycle rate hikes imposed on borrowers over recent months, irrespective of whether the … Read moreBBSW Lower = Banks Sitting On Margin Advantage

Maurice Blackburn wins right to class action against AMP

The NSW Supreme Court has selected law firm Maurice Blackburn to be the one to take a shareholder class action against AMP following last year’s royal commission; via InvestorDaily.  Five law firms, Maurice Blackburn, Slater & Gordon, Phi Finney McDonald and Shine Lawyers, all filed class action lawsuits against the financial services company seeking compensation … Read moreMaurice Blackburn wins right to class action against AMP

Anahita Mukherji, to alleviate this hate, why do you not tell the stories of the Americans displaced by the tidal wave of non-immigrant guest workers?

A local newspaper report on a multi-faith vigil at the site of the Sunnyvale crash, spoke to Muslim groups as well as an Armenian American from Jerusalem. Indian voices were conspicuous by their absence in the paper. While this may have been an oversight by the press, Indians in Silicon Valley are routinely quoted by American publications on issues that concern them, such as the crackdown on H-1B visas, the rate at which these visas are being rejected by immigration authorities, and Trump’s threats to revoke work permits for spouses of H-1B visa holders, a threat that would largely target Indian women and render them jobless.

These are valid concerns, and Indians in America are more than justified in taking them up. However, it’s time the Indian community saw itself as part of the larger fabric of American society, and was more outspoken about an environment of rising violence, intolerance and hate, even if they don’t believe they’re the intended targets.

Indians in the US need to make it to the press for speaking out against the Muslim ban, the Mexico wall and the diatribe against a caravan of poor immigrants moving northwards from Latin America. It’s time NRIs in Silicon Valley associate with civil society groups, campaign against hate, and walk the streets preaching the gospel of peace and tolerance. While Silicon Valley engineers may not have been the most politically active group of Indian-Americans in the US, it’s never too late for the community to show its support for political candidates who work towards drawing American society together and not ripping it apart.

http://www.newindianexpress.com/opinions/2019/may/27/indians-in-america-must-speak-up-1982261.html

 

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Anti-shell company provision is impractical, feels India Inc

A regulatory mandate, which seeks to pin down a company’s location accurately, is giving India Inc sleepless nights. Called ACTIVE (Active Company Tagging Identities and Verification), it was introduced in February by the corporate affairs ministry to crack down on shell companies and protect public money and financial irregularities. Please follow and like us:

Forget "Money": What Will Matter Are Water, Energy, Soil and Food–and a Shared National Purpose

If you want to identify tomorrow’s superpowers, overlay maps of fresh water, energy, grain/cereal surpluses and arable land. The status quo measures wealth with “money,” but “money” is not what’s valuable. “Money” (in quotes because the global economy operates on intrinsically valueless fiat currencies being “money”) is wealth only if it can purchase what’s actually valuable. … Read moreForget "Money": What Will Matter Are Water, Energy, Soil and Food–and a Shared National Purpose

Renault, Fiat Chrysler in tie-up talks

French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger. Such an alliance would be the world’s biggest with estimated total production of some 16 million vehicles. Renault’s current major partnership is with Japan’s Nissan, in which it holds 43 per … Read moreRenault, Fiat Chrysler in tie-up talks

Not so good news from the White House

President Trump unveiled his new plan for “legal” immigration recently. I’ll give you the bad news first – it violates each and every campaign promise he made to us regarding fighting for the rights of US tech workers. Here is an excellent write-up from US Techworkers that outlines how this plan will put even more … Read moreNot so good news from the White House

Initially Priyanka was keen to do ‘Bharat’: Salman

Mumbai, May 26 (IANS) It was Priyanka Chopra Jonas who had initially shown keen interest to be a part of “Bharat”, according to superstar Salman Khan who says her last-minute exit from the film was “embarrassing”. Now that the film is over and ready for release, does he think that Priyanka may have been a wrong … Read moreInitially Priyanka was keen to do ‘Bharat’: Salman

Indian charged with transporting illegal immigrants from Canada to the US

New York, May 26 (IANS) An Indian has been charged with allegedly transporting illegal immigrants who crossed from Canada to the US, according to officials. Jawant Singh, 30, who was caught by a Border Patrol agent with the help of a Customs and Border Protection Agency helicopter, was accused in a federal court in Syracuse, New … Read moreIndian charged with transporting illegal immigrants from Canada to the US