loading
loading
Friday 9 October 2026 Top stories today: - Microsoft, Adobe suspended from U.S. skilled-worker residency - Elon Musk, Jensen Huang, Lisa Su awarded National Medal of Science - OpenAI annualized revenue neared $50B in Sep., below reported $70B - Apple’s touch-screen MacBook, OLED iPad mini to debut on Oct. 27 - Arena raises $200M at $3.1B valuation, launches Alignment Index 0. Data & Calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). No major events today. Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations): 1. Microsoft, Adobe, Infosys suspended from U.S. skilled-worker residency program over alleged fraud Microsoft shares closed -1.4% Thu.: - JD Vance accused Microsoft of abusing the H-1B program. - A small-town newspaper ad is used to show no one is responding to a job opening, Vance said. - U.S. workers are replaced with “foreign indentured servants,” he said. - 80% of Microsoft’s ~6K H-1B applications last fiscal year were “to extend or change the status of existing Microsoft employees,” the company said. Training AI on finance requires experts who can evaluate models on valuation, portfolio theory, and risk modeling—not just general annotators. Athyna Intelligence delivers financial analysts, economists, and quant researchers from Latin America for RLHF, evals, and reasoning tasks. Same US time zone. Vetted in days. 40–60% savings. *Sponsored. 3. Elon Musk, Jensen Huang, Lisa Su awarded National Medal of Science by Trump - Satya Nadella and Michael Dell were awarded the National Medal of Technology and Innovation during the White House summit. - The ceremony came hours after Microsoft was suspended from the PREM program. - “Anyone” using “Artificial Intelligence” would be an “ENEMY,” Trump separately posted online, calling “Super Intelligence” the preferred term. Roko's Basilisk is where engineers, founders, and future-thinking people get their daily dose of tech and AI news. And they read it. The newsletter averages a 41% open rate and a 5% click-through rate, with 98% of readers based in the US. Featured placements sit at the very top of the email, with your image, copy, and CTA button front and center. Want to reach the people building what's next? Let's talk. *Sponsored. 5. OpenAI annualized revenue neared $50B in Sep., well below reported $70B - Investors “grossing up” OpenAI’s revenue to compare it with Anthropic reportedly led to the $70B figure. - Anthropic includes sales through cloud partners in its revenue, while OpenAI does not. - NVIDIA, Oracle, CoreWeave, and other AI stocks fell Thu. after the lower OpenAI revenue figure was reported. - By 2026-end, OpenAI is now reportedly expecting $70B in annualized revenue. Browser restrictions, ad blockers, and tracking gaps can quietly leave your marketing data incomplete. Stape helps you recover more signals, build more reliable tracking, and get a clearer picture of your conversions. Not sure where your setup stands? Use Stape’s free Website Tracking Checker to uncover potential gaps, compare your tracking setup with competitors, and see where you could improve—all in just a few minutes. *Sponsored. 7. Apple’s touch-screen MacBook, OLED iPad mini said to debut at Oct. 27 event - A 14” MacBook Pro and iMac with M6 chips are also expected. - Meanwhile, Apple announced an Oct. 13 “Welcome home” event, where a “HomePad,” new Apple TV, and LG-branded home accessories are expected.
document fetched 2026-10-24 10:03 · canonical https://bayareatimes.com/p/microsoft-adobe-infosys-suspended-from-u-s-skilled-worker-residency-program-over-alleged-fraud