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WSJ Tech News Briefing

TNB Tech Minute: Trump Tacks On $100,000 H-1B Visa Fee

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 22 September 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Oracle names co-CEOs as longtime Chief Executive Safra Catz transitions to a new role. And T-Mobile names COO Srini Gopalan as its next CEO. Zoe Kuhlkin hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Get out of the headlines and into real conversations happening inside global organizations with the Executive Insights podcast.

0:07.3

Brought to you by AWS. Listen in on the Executive Insights podcast, available on all major podcast platforms.

0:16.8

Here's your morning TNB Tech Minute for Monday, September 22nd. I'm Zoe Colkin for the Wall Street Journal.

0:24.3

President Trump on Friday announced a new $100,000 annual fee for H-1B visa applications, a move that dramatically reshapes the nation's immigration system.

0:34.8

The fee is intended to crack down on a system that the Trump administration

0:38.3

says tech companies have been using to avoid hiring American workers. In addition to the plan,

0:44.2

the administration is rolling out a gold card available to people who pay $1 million to the U.S.

0:49.8

Treasury. Corporations can sponsor individuals for $2 million. Elsewhere, Oracle has announced

0:56.5

a pair of chief executives. Clay McGorick, president of Oracle's cloud infrastructure business,

1:02.1

and Oracle Industries president Mike Cecilia, will be taking over for longtime CEO, Saffra Katz,

1:08.0

as she transitions to her new role as executive vice chair.

1:12.1

Lastly, in other CEO news, T-Mobile has named Sreeny Gopalin, current C.O. and veteran of

1:18.2

parent company Deutsche Telecom, as its next chief executive. Starting November 1st,

1:24.1

Goplin will take over for Mike Sievert, who's let T-Mobile since its 2020 merger with Sprint.

1:29.8

That's your TMB Tech Minute. Join us again this afternoon for more.

1:34.3

Millions of Americans use credit cards to purchase goods every day. The Durbin Marshall credit card mandates put the secure transactions you rely on at risk, leaving you vulnerable to hackers and

1:46.2

foreign cybercriminals that want your data. Hackers win. You lose. Guard your card before it's too late.

1:54.4

Tell Congress your data security is not for sale and oppose the Durbin Marshall credit card mandates.

2:01.5

Paid for by Electronic Payments Coalition.

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