Washington, April 16, 2017: Americans list their dissatisfaction with the government and political leadership as the top problem in the country, according to a new Gallup poll.
The April 5-9 poll found that 21 percent of Americans think dissatisfaction with government/poor leadership is the most important problem facing the country, Xinhua news agency reported on Saturday.
It was followed by healthcare at 9 per cent, immigration at 8 percent, and economy also at 8 per cent, in the list of top concerns by Americans.
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The current level of dissatisfaction with the government is the highest since October 2013 to January 2014, after the partial government shutdown that October.
The only other period when a higher percentage of Americans cited government as the most important problem was in 1973 and 1974 during the Watergate crisis, according to Gallup.
Perhaps reflecting Americans’ dissatisfaction with government, overall satisfaction with the way things are going in the United States remains low, at 32 per cent, Gallup said.
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Since 2005, Americans’ satisfaction with the government has often not been higher than 36 per cent, Gallup noted.
Americans’ satisfaction with the government now is about triple what it was at its lowest point in recent years, 11 per cent in September 2011.
The low level of Americans’ satisfaction with the government and poor leadership can be attributed to many Americans saying that President Donald Trump is the source of the problem, Gallup said.
“Americans generally do not believe the government is as severe a problem as it was during the government shutdown of 2013-2014, but belief that it is the most important problem is on the rise,” Gallup said. (IANS)
While Facebook still dwarfs other social media sites in terms of news dissemination, Twitter, Snapchat and YouTube made strong gains in the number of people using the sites for news over the course of the last year
September 08, 2017: A full 67 percent of Americans now report receiving at least a portion of their news from social media, according to a new poll released Thursday.
The Pew Research poll showed a small increase since early 2016, when 62 percent of people said they relied on social media for some of their news. The overall change isn’t particularly substantial, but among some demographics, social media use increased significantly.
Among non-white U.S. adults, 74 percent now say they get news from social media, marking a 10-percent increase over last year when 64 percent said they did. Similarly, among those aged 50 or older, the percentage who said they receive news from social media rose by 10 percent from 2016 to 55 percent.
While Facebook still dwarfs other social media sites in terms of news dissemination, Twitter, Snapchat and YouTube made strong gains in the number of people using the sites for news over the course of the last year.
“Looking at the population as a whole, Facebook by far still leads every other sites as a source of news. This is largely due to Facebook’s large user base, compared with other platforms, and the fact that most of its users get news on the site,” the report reads.
Twitter showed a 15-percent increase in the number of users who said that’s where they get their news, from 59 percent in 2016 to 74 percent in 2017. The number of YouTube users who get news from the site rose from 21 percent in 2016 to 32 percent in 2017. Snapchat showed a 12-percent gain, from 17 percent in 2016 to 29 percent in 2017. (IANS)
Ami Bera is the longest-serving Indian-American currently in the Congress
Removing these men and women from service or refusing recruits because of who they are going against every American value they swear to defend
Our transgender service members deserve honour and respect
Washington (US), August 27, 2017: Prominent Indian-American lawmakers have criticised US President Donald Trump after he signed a memo instructing the Defence Department to stop accepting transgender people into the armed forces.
The presidential memorandum signed on Friday officially requested the Pentagon to develop an implementation plan for the ban by February 21, 2018, to be put in place on March 23, 2018.
Slamming the move, Democratic US Representative Ami Bera said, “If you wear an American military uniform, you deserve the respect and support of the Commander-in-Chief… Unfortunately, Donald Trump is more comfortable peddling in discrimination and bigotry, and he’s shown that he is unable to support our troops.”
“Removing these men and women from service or refusing recruits because of who they are going against every American value they swear to defend,” said Bera, who is the longest-serving Indian-American currently in the Congress, in a press release.
The directive, signed on Friday, bars transgender people from enlisting, but instructs Secretary of Defence James Mattis and the Homeland Security “to determine how to address transgender individuals currently serving based on military effectiveness and lethality, unitary cohesion, budgetary constraints, applicable law, and all factors that may be relevant”, according to a White House official.
Indians have contributed to growth of iconic business firms like Sun Microsystems, Hotmail and some of them have turned into biggest entrepreneurs and job creators
There are many Indian-origin leaders who have become household names today like Indra Nooyi (Pepsi), Shantanu Narayen (Adobe), Satya Nadella (Microsoft), Sundar Pichai (Google)
Hotmail.com founder Sabeer Bhatia, the company was founded in the year 1996
New Delhi, August 21, 2017: Indians are facing accusations from Americans that they are snatching away American jobs, but it’s not the case. There is an Indian- American venture capital firm called Inventus Capital Partners which is trying to throw some light on the contributions Indians have made in the growth of Silicon Valley.
Indians are stereotypically viewed as a source of cheap labor in US Technology Industry but they are much more than that. Case in point is over the last 10-20 years, Indians have contributed to the growth of iconic business firms like Sun Microsystems, Hotmail and some of them have turned into biggest entrepreneurs and job creators instead of being just job seekers.
As per a report from July, Director of Inventus Capital Partners- Manu Rekhi, the company operates from Bengaluru and San Mateo, California, he observed how Indians have left a mark in the American entrepreneurial space.
There are many Indian-origin leaders who have become household names today like Indra Nooyi (Pepsi), Shantanu Narayen (Adobe), Satya Nadella (Microsoft), Sundar Pichai (Google). But these success stories were due to decades of hard work.
In the early 1980’s, arrived in the US the first generation of Indian entrepreneurs. According to Quartz report, Manu Rekhi said, “Among these legends was Kanwal Rekhi (my partner) along with Vinod Khosla, Naren Gupta, Prabhu Goel, Suhas Patil, and many others, who went on to finding notable companies like Sun Microsystems (acquired by Oracle), Excelan, and Cirrus Logic.”
When the early entrepreneurs moved to America global exposure was very limited and also their understanding of consumer behavior of the people in the US was also limited. That is the reason they founded engineering- heavy systems and networking companies instead of going for consumer facing ones.
Slowly, with time more Indian tried their hands at launching new ventures and also US doors opened for foreign students, thus Indian entrepreneurs turned their focus from enterprise to consumer- oriented companies. One prime example of this is Hotmail.com founder Sabeer Bhatia, the company was founded in the year 1996. Sabeer Bhatia is a BITS Pilani graduate, did masters from Stanford University and has worked for Apple before launching his maiden email service.
The 1990s was also the year in which the Indian-origin leaders were also mentors in the Silicon Valley. Case in point is BV Jagadeesh who is a Serial Entrepreneur and Venture Capitalist. Jagdeesh helped to raise the seed money for Netscaler, a San Jose based company. He later went on to become its President and also CEO by the year 2000. Currently, Jagadeesh is a managing partner at KAAJ Ventures, it makes early stage investments in startups, and he is also an adjunct professor at Santa Clara University, takes classes on early-stage startups and valuation. Ram Shriram is a Venture Capitalist, a founding board member and is one of the first investors in Google. His stake in the company was $ 1.3 billion in the mid-2000, he also mentors budding startups.
Rekhi said that later companies of Indian entrepreneurs shifted towards technologies which were more advanced.For example, Jyoti Bansal started App Dynamics, a management and operations analytics firm, which was later acquired by Cisco for $3.7 billion on 22 March 2017. Dheeraj Pandey, Indian Institute of Technology (IIT) Kanpur alumni owns Nutanix, a cloud-computing software company. In 2016, it had a multi- billion dollar initial public offering. Manish Chandra who is the CEO, Poshmark, which is the social fashion marketplace. Chandra created a product which would be “unheard of 20 years ago,” Rekhi said.
For example, Jyoti Bansal started App Dynamics, a management and operations analytics firm, which was later acquired by Cisco for $3.7 billion on 22 March 2017. Dheeraj Pandey, Indian Institute of Technology (IIT) Kanpur alumni owns Nutanix, a cloud-computing software company. In 2016, it had a multi- billion-dollar initial public offering. Manish Chandra who is the CEO, Poshmark, which is the social fashion marketplace. Chandra created a product which would be “unheard of 20 years ago,” Rekhi said.
Indians are less than 1% in the total US population, but still by 2012 they founded 8% of all the American tech & engineering startups. The group has started one-third of the immigrant-founded startups in the US. The firms which they have founded also provide great acquisition opportunities and also made high-value public debuts, Rekhi said, mentions Quartz report.
The first Indian-American founder led company- Nasdaq IPO (Initial Public Offering) opened its doors in 1987 with Excelan going public, but the pickup in big-value exists came only in recent times.
In the last 5 years, the software and services sector, which has 17 companies, tops the list of IPOs owned by Indian founders and co-founders and has a combined market Capital of amount $26.2 billion. The second in the list were Pharmaceuticals, biotechnology, and life sciences in terms of the number of IPOs (six). But, the retail industry saw a much larger market Capital of as much as $6.67 billion, in comparison to Pharmaceuticals, it was $397 million. 10 of these 34 companies that make approximately 29% were acquired following their stock-market debut.
According to Quartz report, Rekhi said: “Even before the turn of the millennium, companies like IBM and Intel had been making acquisitions, but mostly of outsourcing services companies where you’re basically buying manpower.”
But between 2012 and 2017, more than 25 companies by Indian-origin entrepreneurs saw mergers and acquisitions worth- $500 million and more, Rekhi found.
Rekhi noted, “Topping that list is Western Digital’s acquisition of SanDisk, worth a whopping $19 billion, followed by several acquisitions from Cisco, HPE, and SAP.”
Today, 14 of the 261 unicorns are headed by Indian-origin founders (private companies valued at over $1 billion) in the US. These 14 startups, when taken together have a combined value of $35.17 billion and funding of $81.8 billion, with the IT industry taking the lead, according to Rekhi.
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