March 10–16, 2014
[Mar 11, 2014] The GAO, in an examination of the program undertaken at the request of U.S. Sen. Chuck Grassley (R-Iowa), found OPT officials who said the program "is at risk for fraud and noncompliance, in part, because it enables eligible foreign students to work in the United States for extended periods of time without obtaining a temporary work visa."
…the lack of H-1B-like rules "makes OPT workers much more valuable" for an employer. They can work for a long period, and "are cheaper because the employer does not have to pay Social Security and Medicare taxes," he said.
[Mar 11, 2014] Blackstone, the world’s largest private equity firm, announced on Tuesday that it had agreed to buy a majority stake in Accuvant, a 12-year-old company that offers cybersecurity software and consulting services to companies and governments. Financial terms of the deal were not disclosed.
[Mar 11, 2014] Just yesterday the low-end version of the upcoming Oppo Find 7 got most of its specs confirmed, and thanks to some rumors originating in the Chinese blogosphere we were led to believe it would be sold for 3,000 yuan in China (which is approximately $488 or €351). However, those reports were wrong, as the Find 7 will be more expensive than that.
[Mar 11, 2014] Jawbone has released v3.0 of the UP app for Android. This latest release of the UP app is available by way of the Play Store, and ultimately, this means the UP24 lifestyle tracker is now available to Android users. The data collected by the UP24 will sync wirelessly with your Android device, using a Bluetooth connection.
[Mar 11, 2014] Hundreds of striking workers at an IBM server factory in China have decided to leave their jobs, disappointed with the U.S. company and the wages they will get once Lenovo takes over the factory.