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Walmart Pauses Hiring of H-1B Visa Workers Amid Trump’s $100,000 Fee Policy Shift

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Walmart has paused the hiring of foreign workers who require H-1B visas to work in the United States, according to a person familiar with the decision — a move seen as part of corporate adjustments to President Donald Trump’s new immigration policy, which significantly raises costs for employers that hire skilled foreign workers.

The decision follows Trump’s September announcement of a new $100,000 fee per H-1B visa application, a sharp increase from the previous cost structure. The administration said the measure was designed to protect U.S. jobs and curb alleged visa program abuses by large corporations, many of which have relied on H-1B workers from countries such as India and China, particularly in technology roles.

In a statement, Walmart said it remains committed to recruiting top talent but acknowledged the need for caution under the new policy environment.

“Walmart is committed to hiring and investing in the best talent to serve our customers while remaining thoughtful about our H-1B hiring approach,” a company spokesperson said.

While Walmart’s hiring pause will apply broadly, exceptions may be made in some cases, according to the person familiar with the matter quoted by CNBC.

The H-1B visa program allows U.S. companies to employ skilled workers in specialized fields such as technology, engineering, and finance. But the Trump administration’s sharp fee increase has drawn concern across corporate America, with business groups warning it could weaken the country’s competitive edge in attracting global talent.

The U.S. Chamber of Commerce has already filed a lawsuit challenging the new rule. In a statement, Neil Bradley, the Chamber’s Chief Policy Officer, said the steep fee hike “will make it cost-prohibitive for U.S. employers, especially start-ups and small and midsize businesses, to utilize the H-1B program, which was created by Congress expressly to ensure that American businesses of all sizes can access the global talent they need to grow their operations here in the U.S.”

Walmart’s Global Workforce Strategy Under Strain

Walmart remains the largest private employer in the United States, with about 1.6 million employees, most of whom work in retail stores and distribution centers. The H-1B program affects only a small portion of its workforce — primarily its corporate and technology employees based in Bentonville, Arkansas, and major tech hubs like the San Francisco Bay Area.

As of June 30, Walmart employed 2,390 H-1B visa holders, ranking it ninth among U.S. employers using the program, according to federal data. By comparison, Microsoft topped the list with 5,189 visa holders, followed closely by Meta, the parent company of Facebook.

Still, analysts say the move could slow Walmart’s progress in areas where it competes for top-tier digital and data science talent — particularly as it invests heavily in AI-driven retail logistics, e-commerce systems, and cloud integration to rival Amazon’s technological edge.

Rising Corporate Unease

Walmart’s cautious stance mirrors a broader sentiment among large U.S. companies now grappling with uncertainty over immigration policy and rising compliance costs. While the administration insists the fee increase protects domestic jobs, critics argue it risks deterring innovation and pushing more companies to offshore technical operations to lower-cost markets.

Some immigration experts note that firms like Walmart — which have been expanding their global tech centers in India and Mexico — may respond by outsourcing more digital roles overseas if U.S. visa policies remain restrictive. It is believed that the U.S. risks pricing itself out of the global tech labor market, with companies that can’t bring the skills to the country simply moving the work elsewhere.

The U.S. Chamber’s lawsuit against the government, filed earlier this month, is expected to set the tone for what could become a major legal battle over the Trump administration’s approach to skilled immigration. Business groups argue that the $100,000 visa fee goes beyond the administration’s statutory authority, while administration officials maintain it is necessary to ensure fairness to U.S. workers.

For Walmart, the policy’s financial and administrative implications are clear enough to warrant an immediate pause. But whether that pause turns into a longer-term hiring freeze may depend on the outcome of ongoing legal challenges — and on whether the administration shows flexibility in enforcing the new rule.

Bitcoin’s Parabolic Setup Returns, But Testnet 2.0 Bonus by Nexchain AI Token Presale Steals the Spotlight

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Bitcoin has entered a critical pre-parabolic phase. Historical data shows this pattern emerged in all three previous bull markets. Analysts note the current structure aligns with the final accumulation stage before a breakout. This marks a crucial opportunity for investors tracking early-stage digital assets. However, another token that is eyeing a bullish move is Nexchain AI’s token presale through its NEX token, as it is gaining momentum and could outpace Bitcoin’s returns in the short term.

Bitcoin Price Structure Mirrors Previous Cycles as Consolidation Tightens

According to an observation by market analysts, it has been revealed that the current Bitcoin price trades within a recurring structure across four market cycles. After each major correction, the price compresses into a tighter range. In every cycle, the compression occurs just before a sharp vertical breakout. The histogram below the price also forms higher lows during each compression.

Source: X

Cycle 4 displays the same price behavior as the previous three cycles. Price has moved sideways for several months within a narrow range.  Each cycle includes two steep drops followed by accumulation. Price currently sits at the upper boundary of Cycle 4’s consolidation zone. Similar patterns preceded large upward expansions in the past.

Histogram divergence is again present, indicating declining selling pressure. Across all cycles, the structure has remained consistent with steep decline, consolidation, and buildup. Current price movement fits directly into this repeating framework without any structural deviation.

Nexchain AI’s Token Presale Advances

Nexchain AI’s ongoing token presale continues its upward trend, now advancing through Stage 28. At press time, 1 NEX token is priced at $0.112, with $11,099,580 raised out of the $11,975,000 target, over 90% completed, indicating limited time for entry.

Earlier stages demonstrated strong investor demand, with Stage 25 to 27 raising over $30 million in total. This sustained momentum suggests further gains are likely as the presale heads toward later phases.

The token presale model is backed by utility-focused design. NEX tokens power transaction fees, staking rewards, and governance participation. The inflationary supply is balanced by an annual burn, ensuring long-term value alignment. To bolster network confidence, Nexchain has integrated CERTIK as its third-party security auditor.

Testnet 2.0 Launch in November Offers Unique AI Security Features

As the token presale nears its target, Nexchain’s November Testnet 2.0 launch adds more value. Running from October 13 to November 28, Testnet v2.0 introduces a new design and real-time security monitoring. AI-driven “Event” detection prevents scam transactions and MEV attacks. Users now see AI-generated Risk Score data before confirming transactions, adding a novel security layer.

The Testnet campaign includes a 100% bonus on all purchases using TESTNET2.0 as the promo code. Additionally, the Double Presale Points Week, active from October 16 to 23, has amplified buying incentives. Users who participate during these windows gain increased future claim benefits. These tools are positioning Nexchain for a successful mainnet deployment.

Airdrop Incentives and Quest Systems Enhance Community Engagement

Nexchain’s ongoing airdrop continues with $5 million in NEX rewards. It includes weekly quests and long-term engagement challenges. Recently concluded Flash Quests offered extra points, and ongoing quests continue to reward loyal users. Nexchain confirmed via X that more short-term tasks are being added before mainnet launch.

This week’s active quest system allows investors to stack points for a shot at final airdrop grand prizes. With growing rewards and active community participation, Nexchain strengthens its ecosystem while the token presale gains ground.

Nexchain AI is shaping up as the leading infrastructure for AI-powered blockchain systems. With over 90% of Stage 28 completed, the token presale is nearing a crucial turning point. The November Testnet 2.0 launch enhances its appeal through real-time risk scoring and smart AI security. Investors are urged to act fast while bonuses and rewards remain available. As the token presale gains traction, the Nexchain AI token presale is set to deliver one of the most rewarding investment entries this cycle.

 

More Details:

Website: https://nexchain.ai/

Telegram: t.me/nexchain_ai/3

X: https://x.com/nexchain_ai

Airdrop: https://nexchain.ai/airdrop

Ethereum ETFs Record $141 Million Inflows: Could This Secret Token Presale With Testnet 2.0 Bonus Become the Next Institutional Magnet?

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According to a recent update from SoSoValue, Ethereum-based ETFs recorded $141.66 million in net inflows on October 21. The cumulative total reached $14.59 billion, with assets under management standing at $27.17 billion, 5.69% of Ethereum’s market capitalization. Trading volume hit $3.17 billion, reflecting strong institutional participation. However, while ETFs attracted investor attention, a parallel shift has emerged toward Nexchain AI’s ongoing token presale, which continues to gain momentum with whale accumulation and expanding rewards. The token presale momentum has positioned Nexchain AI among the most followed blockchain launches this quarter.

BlackRock and Fidelity Dominate Ethereum ETF Inflows

BlackRock’s ETHA fund recorded the highest daily inflow of $42.46 million, contributing to cumulative inflows of $14.17 billion. Fidelity’s FETH followed with $59.07 million in new inflows and a cumulative total of $2.82 billion. Grayscale’s ETHE gained $13.14 million despite a cumulative outflow of $4.66 billion, while its ETH fund registered $22.58 million in new inflows, reaching $1.53 billion cumulatively. VanEck’s ETHV fund recorded an inflow of $4.40 million, while other ETFs like EZET and TETH showed minimal movement.

Source: SoSoValue (Ethereum ETFs)

Bitwise’s ETHW maintained unchanged inflows, holding cumulative gains of $416.71 million. Market prices for Ethereum ETFs declined between 4.86% and 5.02% during the session, indicating uniform downward pressure across assets. BlackRock’s ETHA traded at $28.76 after a 5.02% drop, while Fidelity’s FETH closed at $37.95 with a 4.98% decrease. Daily trading volumes remained high, led by ETHA at 59.33 million shares.

Nexchain AI: Redefining Blockchain Efficiency Through Intelligence

Nexchain AI operates as a hybrid blockchain integrating artificial intelligence to enhance scalability, security, and interoperability. Its token presale supports the development of adaptive consensus and AI-powered smart contracts that optimize performance in real time. The blockchain employs Directed Acyclic Graphs (DAGs) and sharding for parallel transaction validation, improving speed while reducing costs.

With post-quantum cryptography and CERTIK verification, Nexchain ensures robust security and long-term stability. Each stage of the token presale continues to record strong investor participation. Stage 25, priced at $0.10, raised $9.27 million, followed by Stage 26 at $0.104, which collected $10.12 million.

Stage 27, priced at $0.108, achieved $11.02 million, fully meeting its allocation. The current Stage 28 offers NEX at $0.112 and has already raised $11.09 million out of a $11.97 million target, over 90% completion. The trend indicates sustained investor confidence, with the token presale trajectory showing consistent accumulation from both retail and institutional participants.

Testnet 2.0 Launch in November: AI Events and Risk Scoring

Nexchain confirmed that Testnet 2.0 launched on October 13 and will run until November 28. The upcoming public release in November introduces a new design and AI Events that detect scam transactions and MEV risks. During confirmations, users will see real-time AI Risk Scores before approving transfers.

Source: Nexchain AI Token Presale

 

The token presale also features a 100% bonus under promo code TESTNET2.0, reinforcing participation. These features demonstrate how Nexchain blends automation with user protection to create a transparent blockchain environment. Nexchain’s ecosystem continues to evolve, supported by an expanding airdrop worth $5 million in NEX tokens.

Weekly quests and Flash Quest bonuses encourage ongoing engagement, while the Double Presale Points Week, which started on October 16th and ends on 23rd, rewards participants with ×2 points per purchase. The token presale remains active throughout this campaign, offering both staking incentives and bonus allocations.

Conclusion

Nexchain AI’s token presale aligns with a strategic roadmap emphasizing Testnet 2.0 deployment, ecosystem scaling, and mainnet readiness. With AI-driven infrastructure, advanced consensus, and a secure CERTIK audit, Nexchain continues to attract significant attention. As the crypto presale nears full allocation, the combination of technological depth and ongoing incentives positions the token presale as one of the most anticipated blockchain events of the year.

 

More Details:

Website: https://nexchain.ai/

Telegram: t.me/nexchain_ai/3

X: https://x.com/nexchain_ai

Airdrop: https://nexchain.ai/airdrop

Africa Is Open for Business – and Abia Is Scaling the Promise

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In 2012, I penned an article in Harvard Business Review titled “Africa Is Open for Business,” where I wrote: “Africa is open for business, and tomorrow’s global leaders should understand both the risks and the opportunities that are available here. There is the potential for corporations to make billions of dollars in profits in Africa. But, much more importantly, contributing to a strong and sustainable Africa could just be the next generation of global leaders’ greatest legacy.”

That vision is unfolding. Across the continent, nations are rising, industries are being reimagined, and the entrepreneurial spirit of Africa’s young population is rewriting the global growth story. In my home state of Abia, in Nigeria, that renaissance is not a theory, it is reality. Abia has stabilized its governance architecture and moved boldly into the phase of scaling opportunities, attracting capital, and building shared prosperity. The rhythm of development echoes from Umuahia to Aba, and across our industrious communities.

This November 25–27, 2025, the Abia–Türkiye Investment Summit & Product Exhibition will hold at the International Conference Centre, Umuahia. Themed “Bridging Continents, Unlocking Prosperity,” the summit will connect leaders, innovators, and investors from Türkiye and Nigeria across key sectors like manufacturing, agriculture, construction, energy, ICT, trade, and infrastructure development. It is a convergence designed to foster partnerships, drive investment deals, and showcase the finest of products and innovations.

On behalf of His Excellency, Dr. Alex C. Otti, OFR, Governor of Abia State, I invite investors, manufacturers, exporters, policymakers, and trade stakeholders to be part of this moment. Africa is open for business, and Abia is a leading destination in that open frontier. Come and be part of the story of bridging continents and unlocking shared prosperity.

Great People, let’s build the promise. Invest in Abia!

Airbnb CEO Says ChatGPT Not Ready for Integration Yet, Relies on Alibaba’s Qwen as AI Push Accelerates

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Airbnb Chief Executive Officer Brian Chesky says the company intends to integrate ChatGPT’s artificial intelligence capabilities into its travel platform, but that the software is not yet ready for the level of performance Airbnb requires.

“The [software development kit] wasn’t quite robust enough for the things we want to do,” Chesky said during an interview on CNBC’s Squawk Box on Wednesday. He added that Airbnb would “probably” proceed with ChatGPT integration eventually, emphasizing that the company continues to evaluate multiple AI models as part of its broader technology roadmap.

Airbnb this week unveiled a major product update introducing new social and personalization features, including direct user messaging and a revised AI-driven assistant capable of modifying or canceling bookings in North America. The new assistant is part of the company’s wider effort to enhance automation and create a seamless travel experience powered by artificial intelligence.

However, in a separate conversation with Bloomberg, Chesky acknowledged that OpenAI’s ChatGPT is still “not quite ready” to meet Airbnb’s operational and user-experience standards. He disclosed that the company is currently relying heavily on Alibaba’s Qwen model—a large language model developed by the Chinese technology conglomerate—alongside a blend of 13 different chatbots designed to power Airbnb’s AI capabilities.

“We’re all going to have to work together,” Chesky said. “AI is going to lift up a lot of companies. If they want to vertically integrate every single thing, that’s going to be very, very difficult.”

Airbnb’s Expanding AI Strategy

The latest update marks Airbnb’s most ambitious step toward AI-driven personalization since it launched its “Airbnb Rooms” product earlier this year, aimed at restoring affordability and user trust amid rising global travel costs. Chesky said the company’s long-term vision is to use AI to transform Airbnb into a “personal travel concierge”, capable of learning user preferences, suggesting destinations, creating custom itineraries, and handling post-booking support autonomously.

The move comes as major travel and hospitality platforms race to incorporate generative AI tools to improve efficiency and engagement. Expedia, for instance, integrated ChatGPT earlier this year to help users build travel plans conversationally, while Booking.com launched its “AI Trip Planner” powered by OpenAI’s models.

For Airbnb, the integration of ChatGPT—or any comparable large language model—poses both opportunities and challenges. Unlike simple text-based assistants, Airbnb’s AI must operate within a complex, transaction-heavy environment, coordinating between guests, hosts, payments, and support systems while maintaining regulatory and safety compliance across over 220 countries and regions.

Why ChatGPT Isn’t “Quite Ready”

According to Chesky, Airbnb’s experiments with OpenAI’s toolkit revealed limitations in reliability, contextual understanding, and the ability to integrate seamlessly with Airbnb’s proprietary systems. The software development kit (SDK), he said, “wasn’t robust enough” to manage the advanced workflows Airbnb envisions—such as real-time itinerary modification, personalized upselling, and multilingual support for millions of users simultaneously.

AI experts note that while ChatGPT’s GPT-4 model excels at natural conversation, its effectiveness in high-stakes transactional systems depends on extensive fine-tuning and data integration. Airbnb’s use of Alibaba’s Qwen model—part of the Tongyi Qianwen AI suite—suggests the company is diversifying its AI infrastructure to improve resilience and avoid dependency on a single model provider.

Airbnb’s cautious approach contrasts with some of its tech peers. Expedia Group launched its ChatGPT plugin integration earlier this year, enabling users to create itineraries directly from the chatbot interface. Trip.com Group, China’s largest travel platform, is developing its own AI model in partnership with Baidu. Google, meanwhile, has integrated its Gemini-powered assistant into its travel products, offering itinerary recommendations and hotel search tools.

Chesky’s comments denote an industry-wide recognition that while AI has transformative potential, real-world deployment requires rigorous testing, data governance, and privacy safeguards.

The Airbnb CEO, who has long been close to OpenAI CEO Sam Altman, said he believes generative AI will usher in a “consumer app boom” comparable to the smartphone revolution. However, he cautioned that most companies will need to collaborate rather than compete vertically in building end-to-end AI ecosystems.

Airbnb’s experiments with ChatGPT and Qwen represent the early stages of what could become a major transformation in online travel services. By merging conversational AI with its global accommodation network, Airbnb aims to eliminate traditional friction points—such as customer service backlogs, host-guest miscommunication, and manual trip planning—and replace them with automated, intelligent interactions.

Chesky has often framed Airbnb’s evolution as moving “from a listings company to a travel platform that knows you.” With AI at the core of that vision, the company’s eventual integration of ChatGPT—when the technology matures—could redefine how millions of travelers plan, book, and experience their trips worldwide.