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Silicon Valley gets slim pickings from Obama on immigration

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Silicon Valley leaders watched U.S. President Barack Obama's immigration reform speech on Thursday, hoping that he would help tech companies by expanding visa and green card programs — but they had no such luck


Obama's announcement included deportation protection for 5 million undocumented immigrants, but his plan will not do much for college-educated immigrants who come to the U.S. looking to jumpstart their careers



Silicon Valley wants to increase the allotment of H1-B work visas, which allow highly skilled immigrants to live and work in the U.S. Right now, the country only accepts 85,000 applicants per year, including 20,000 spots that are reserved for immigrants with an advanced degree. Every year, applications for H1-B visas nearly double the number accepted, and experts believe even more people would apply if they thought they had a shot Read more...


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