The United States government is suspending new applications for permanent residency of foreign workers at companies including Microsoft, Cognizant, Infosys, TCS, and HCLTech, citing abuse in the entire process.

In a particular reference to Microsoft, US Vice President J D Vance said, “Our ​message to Microsoft is: You’re a great American company, ​but you’ve got to hire great American workers.”

In other news, Prime Minister Narendra Modi has called for a global framework to tackle cyber frauds and deepfakes. At the tenth edition of the India Mobile Congress, PM Modi said governments, technology companies, telecom operators, and financial institutions should create mechanisms to curb digital frauds. 

Meanwhile, India aims to double its 5G user base from 550 million to 1 billion by 2030, and up its game with 6G. Though the country had been behind in 4G, it marched with the world in 5G, and is now determined to take the lead in 6G, said Communications Minister Jyotiraditya Scindia said, at the mobile congress. 

In funding news, DailyObjects, a design-led lifestyle-tech brand, has raised Rs 332 crore in a Series C round of funding led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital. 

There’s a lot of chatter around founder burnout and stress. But a new study points out that startup employees may need greater attention.

5%) of people working in India’s startup ecosystem report low wellbeing, with employees faring the worst, according to a ‘State of Mind: The Startup Ecosystem’ study . 9% of founders.

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