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Thursday, October 6, 2022

Moonlighters Overshadowed – Wipro Lets Go 300 Employees Who Worked For Its Rivals • londonbusinessblog.com

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Due to excessively poor judgment, today’s Christine and Haje show is brought to you by Haje and Christine. In the meantime, mark your calendar for September 23 at 10:00 a.m. PDT/1:00 a.m. EDT when we offer you a special Twitter Spaces,”Immigration law for startups”, with Silicon Valley-based attorney and londonbusinessblog.com+ columnist Sophie Alcorn. Sophie will discuss immigration-related issues and answer questions relevant to startup founders and employees.

Christine and hi

The londonbusinessblog.com Top 3

  • No moonlight for you: Wipro, an IT services company, has laid off 300 employees that it discovered had other similar jobs, including for competitors, manish reports.
  • “Stripe for phone subscriptions”Gradient Ventures and Uber CEO Dara Khosrowshahi backed Gigs with $20 million, Paul writes. The company is enabling other companies to become a mobile virtual network operator, which is a fancy way of saying mobile phone subscriptions.
  • Cash after chaos: Private equity firm Vector Capital injected $100 million into cybersecurity firm Malwarebytes “weeks after 125 employees laid off” carly writes.

Startups and VC

Managing cap tables and equity in high-growth companies can be complicated (and sometimes messy), a fact that founders and employees often discover too late. Ingrid reports. That has sparked a wave of companies building software to help, and today a European leader in that package is announcing some funding to fuel its own growth. Ledgy builds working cap table management software especially for companies and their employees in multiple countries and has raised $ 22 million.

If you’ve experienced any form of harassment on Twitter in recent years, you’ve probably heard of Block Party. And if not, you’re in luck! The company behind the tool just raised a $4.8 million seed round, reports Amanda.

Okay, fine, do it the way you want. A few more:

Dear Sophie: My EB-2 priority date is delayed by 2 years! What should I do?

Image Credits: Bryce Durbin/londonbusinessblog.com

Today Sophie answered three questions about green cards in the EB-1A category for extraordinary abilities and multinational managers, EB-2 NAV and with PERM, as well as EB-3 for professionals. Here’s the first:

Dear Sophie,

I was so close! My priority date for my EB-2 permanent residency application was only nine days from the date stated in the September 2022 Visa Bulletin, but now the date in the October 2022 Visa Bulletin has gone back more than two years!

I am a software engineer and wanted to get my green card before changing jobs but now I am rethinking my path. The only thing holding me back is that I’ve heard that employees are fined if they leave their employer before actually getting the green card.

What is your advice?

— Bumped by the Bulletin

Here’s more TC+ to chew on:

londonbusinessblog.com+ is our membership program that helps founders and startup teams stay ahead. You can register here.

Big Tech Inc.

It was sort of a Google features day today. Ivan wrote about the integration of Assistant and Calendar reminders with Tasks, in what he called the “last step of cleaning the app.” Then Sarah had one about some new search tools for eco-conscious travelers. In the meantime, Brian had news of Framework, which is partnering with Google to create a user-repairable Chromebook.


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