H-1B fee hike: Netflix cofounder defends new price, says its ‘great solution’

Netflix’s Reed Hastings surprisingly backs Trump’s $100,000 H-1B visa fee, a move that sharply contrasts with the widespread Silicon Valley opposition. Hastings believes the fee will reserve H-1B visas for high-value jobs, eliminating the need for a lottery. The White House clarified it’s a one-time fee for new petitions, causing confusion and concern among tech companies, especially startups.