Business Insider published the memos from Amazon and Microsoft, while Sources published a similar memo from Google. TechCrunch has reached out to Amazon, Microsoft, and Google for comment. According to government data, Amazon employees have received the most H-1B visas so far this fiscal year, followed by Tata Consultancy Services, then Microsoft, Meta, and Apple, with Google ranked sixth. Meanwhile, a White House official told Axios that the fee will only apply to new applicants, not existing H-1B holders or renewals.
Maryland's first-in-the-nation tax on digital advertising violated the Constitution as it prevents companies from informing customers about the tax, infringing on their free speech rights.
In 2024, security budgets for chief executives of major tech companies rose above $45 million, with Meta's allocation for Mark Zuckerberg reaching over $27 million.
The S&P 500 is up 10% year-to-date, powered by the 'Magnificent Seven' tech giants whose foreign-heavy revenues are being boosted by the weaker dollar. Concentration in the top 10 stocks is at its highest since the 1960s, with earnings strength - 83% of companies beating estimates - driving sentiment.
The process for a general product designer role in a tech company includes a recruiter screening call, offline case study review, portfolio presentation, take-home assignment, whiteboard challenge, and multiple cultural fit interviews.
In a worst-case scenario regarding the ongoing antitrust trial, Barclays analysts warn that a forced divestiture of Chrome could lead to a significant stock drop for Alphabet.
Kantar BrandZ's annual ranking showed that Apple maintained its dominance as the most valuable global brand for the fourth consecutive year, reaching $1.3 trillion.
AppLovin's impressive 12% surge followed its Q1 earnings that surpassed expectations, and the announcement of a $400 million sale of its mobile gaming business boosted investor confidence.
Meta Platforms could potentially surpass Alphabet in the search sector within a decade as generative AI and changing user behavior pose significant challenges to Google's dominance.