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The US will charge companies $100,000 for each new H-1B visa starting February 2026 under Project Firewall. According to a new analysis, the fee exceeds average H-1B salaries at firms like TCS where engineers earn $105,000 annually. Previous visa costs ranged from $2,000 to $33,000. Indians hold an estimated 70% of H-1B visas. The fee eliminates five to six years of profit per engineer. Typical engineers deployed to American client sites generate $150,000 to $200,000 in annual billings at 10% operating margins, producing $15,000 to $20,000 in yearly profit. J.P. Morgan states the move "prices out the utility of H-1B as a source of labor supply." But it might not be bad for the IT giants. Major Indian IT firms derive only 0.2% to 2.2% of their workforce from H-1B approvals after years of reducing visa dependence, according to India Dispatch. New approvals alone account for under 0.4% of headcount. Morgan Stanley estimates companies could offset 60% of the financial impact through increased offshoring and selective price increases. The net damage to operating profit would stay contained at around 50 basis points or a 3% to 4% hit to earnings spread across the renewal cycle. Companies plan to accelerate geographic arbitrage by routing more work to India, Canada, and Latin America. Firms can maintain their existing visa holder base while letting normal turnover occur over three to six years.

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Thinnest yet still fixable, though not without effort

iFixit has given Apple's slimline new smartphone, the iPhone Air, a thumbs-up for repairability, praising its easy access to key components, despite being the thinnest handset Cupertino has built so far.…

Airport staff revert to manual ops as travellers urged to use self-service check-in where possible

The EU's cybersecurity agency today confirmed that ransonmware is the cause of continued disruption blighting major airports across Europe.…

Protected content in some Blu-ray and DVD applications broken

Microsoft has added another entry to its growing list of problematic updates in the Windows Hall of Shame, this time causing Digital TV and Blu-ray applications to stutter and freeze when playing protected content.…

It's not just glitches at the launch of the Meta Ray-Ban Display smart glasses... The New York Times remains skeptical of its market share: [Meta's] smart glasses remain a niche. As of February, Meta had sold about two million of its $300 Ray-Ban Meta camera glasses since their 2023 debut, and it hopes to sell 10 million annually by the end of 2026, which is a tiny amount for a company this size. In the last decade, Meta has spent over $100 billion on its virtual and augmented reality division, which includes its smart glasses and is not profitable. Last quarter, the division reported a $4.5 billion loss, nearly the same as a year ago. "Meta's Smart Glasses Might Make You Smarter. They'll Certainly Make You More Awkward," joked a recent Wired headline. But the Wall Street Journal does report there's "a growing group of blind users... finding the devices to be more of a life-enhancing tool than a cool accessory." Jonathan Mosen, executive director at the nonprofit National Federation of the Blind said he'd like to see Meta continue to invest in the glasses. "It's giving significant accessibility benefits at a price point people can afford." He has used them a few times to record video of ride-share drivers refusing to give him and his wife a ride because she travels with a guide dog. Denying rides to people with service animals is illegal in many countries, including the U.S. Another concern for blind users is that AI assistants in general are prone to making errors, or so-called hallucinations, which may not be apparent. Aaron Preece, who is blind and editor in chief of American Foundation for the Blind's AccessWorld magazine, said Meta's glasses recently failed to correctly read the number on the door to his home. "I just can't trust it," he said. "It's more of a novelty than something I'd use on a day-to-day basis." When it comes to innovative technology, CNET seems more excited about Meta's display-controlling "neural wristband" accessory. Instead of camera-based hand tracking, these muscle-sensing bands "can register gestural moves like pinches, taps, thumb swipes, and maybe even typing over time..."

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Automaker insists only names and emails exposed, no financials

Car giant Stellantis is admitting that attackers targeted one of its third-party partners, spilling its own customers' details in the process.…