Why Mark Zuckerberg Is Pushing for Immigration Reform
America has always been a nation of immigrants, but today, there is general agreement that the U.S. immigration system is broken. The southern border remains porous, there are 11 million undocumented immigrants living in the shadows, and tens of thousands of the most promising immigrants are forced to leave the country thanks to outdated visa rules. Now, some of the wealthiest and most successful tech executives and investors in the country — led by Facebook founder Mark Zuckerberg — are calling for immigration reform. “We have a strange immigration policy for a nation of immigrants,” Zuckerberg wrote Thursday in the Washington Post. “And it’s a policy unfit for today’s world.” Zuckerberg has joined forces with top executives and founders from Google, Yahoo and LinkedIn to launch a new organization called FWD.us, with the goal of influencing the current debate. Several top venture capitalists are also participating. “To lead the world in this new economy, we need the most ...
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Why Mark Zuckerberg Is Pushing For Immigration Reform
America has always been a nation of immigrants, but today, there is general agreement that the U.S. immigration system is broken. The southern border remains porous, there are 11 million undocumented immigrants living in the shadows, and tens of thousands of the most promising immigrants are forced to leave the country thanks to outdated visa rules. Now, some of the wealthiest and most successful tech executives and investors in the country — led by Facebook founder Mark Zuckerberg – are calling for immigration reform. “We have a strange immigration policy for a nation of immigrants,” Zuckerberg wrote Thursday in The Washington Post. “And it’s a policy unfit for today’s world.” Zuckerberg has joined forces with top executives and founders from Google, Yahoo, and LinkedIn to launch a new organization called FWD.us, with the goal of influencing the current debate. Several top venture capitalists are also participating. “To lead the world in this new economy, we need the ...
activity
agreement
america
california
capitalists
consequences
economists
facebook
fwd
google
gordon
government
hanson
immigration
innovation
linkedin
mark zuckerberg
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organization
policy
proportion
science
silicon valley
university
visa
vivek
wadhwa
washington
yahoo
Did Google Get Off Easy With $7 Million ‘Wi-Spy’ Settlement?
Seven million dollars. That’s how much Internet giant Google will pay to settle a multi-year investigation into its controversial “Wi-Spy” data collection practices. The furor erupted in 2010 when Google disclosed that it had collected Wi-Fi data from unsecured wireless networks as its “Street View” vehicles crawled major cities worldwide, photographing buildings for a ground-level view on Google Maps. On Tuesday, Google agreed to pay $7 million to 38 states and the District of Columbia to settle the matter. To put that in perspective, Google generated revenue of about $50 billion last year, or nearly $6 million per hour. Big Internet companies like Google and Facebook frequently push the boundaries of user privacy. But the “Wi-Spy” case was particularly alarming to consumer advocates, because it raised the specter of Google’s “Street View” cars — which had already raised privacy concerns — roaming around major cities vacuuming up personal data, including snippets ...
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Free Federal Wireless Broadband For All Americans? Fuggedaboutit!
The United States government is not going to be providing free WiFi Internet access to consumers anytime soon. That news may surprise anyone who read a startling Washington Post story on Sunday that seemed to confuse a fairly esoteric telecom policy proposal about the use of so-called “white space” wireless spectrum with some sort of free national wireless Internet access plan. The “free WiFi for all” story, which was passed around uncritically by Internet blogs and news sites, set off a furor because the notion cuts to the heart of ongoing battles over access to the Internet, the “digital divide,” and federal policy decisions that could have major implications for the telecom, cable, and technology industries. But the story was wrong, as Ars Technica pointed out. On Tuesday, outlets that repeated the bunk story began walking their reports back, in some cases apologizing for giving bad information to the public. The episode, which provoked a strong pushback from tech ...
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Iowa Brokerage Head Gets 50 Years for Embezzlement
CEDAR RAPIDS, Iowa — A judge sentenced Peregrine Financial Group Inc. founder Russ Wasendorf Sr. to 50 years in prison on Thursday for stealing $215 million from investors and concealing his theft for 20 years. U.S. District Judge Linda Reade told Wasendorf at the hearing in Cedar Rapids that he knowingly caused “staggering losses” to investors, employees and creditors that grew larger over 20 years. Reade said Wasendorf, 64, lacked the courage to stop his fraud sooner and admit his company was a failure from its inception in the early 1990s. (MORE: How Spending More on Academics Can Actually Hurt College Enrollment) She also said the collapse of Peregrine Financial Group had rippled across the financial industry, affecting regulatory agencies and the nation as whole. “By imposing a substantial sentence, the court sends a message that white collar criminals may serve long prison sentences for stealing money from other people,” Reade said. Wasendorf appeared frail at the sentencing. ...
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