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Three Bay Area execs meet with President Obama

Three Bay Area business executives were among those who met with President Obama this morning at the White House to discuss the nation’s cybersecurity framework.

The meeting in the Situation Room was to “discuss the importance of cybersecurity, the joint efforts by the Administration and industry to develop the Cybersecurity Framework, and ongoing work to implement the Executive Order to enhance the cybersecurity of critical infrastructure,” the White House reported.

A White House official said the participants included Steve Bennett, president and CEO of Mountain View-based Symantec; Renee James, President of Santa Clara-based Intel; and Charlie Scharf, CEO of Foster City-based Visa.

Other attendees included Mastercard CEO Ajay Banga; Northrop Grumman CEO Wes Bush, Lockheed Martin CEO Marillyn Hewson, Bank of America CEO Brian Moynihan and Pepco Holdings CEO Joe Rigby.

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SF tech exec will be First Lady’s guest at SOTU

Instagram co-founder Mike Krieger of San Francisco will be among the First Lady’s guests at the State of the Union tomorrow night, a White House official said – a sign that President Obama probably will speak about the need for immigration policy reform that welcomes and retains high-tech talent from abroad.

Instagram is a free iPhone application that lets a user snap a photo; choose a filter to transform the image’s colors, mood, border, and tonality; and then share it via Facebook, Twitter or Flickr.

Mike Krieger, in an Instagrammed photo Krieger was born in São Paulo, Brazil, and moved to California in 2004 to study computer science and cognitive science at Stanford University. After graduation, he worked for a year on his F-1 student visa and then later received an H-1B visa as a high-skilled worker; he’s now seeking a green card.

He and Kevin Systrom co-founded Instagram in 2010. TechCrunch reported in October that Systrom said Instagram had passed the 12 million user mark and continued to grow white-hot, carried in part by intense interest in Asia.

According to Instagram’s website, the company raised a $500,000 seed round from Andreessen-Horowitz and Baseline Ventures, and a $7 million Series A from Benchmark Capital and a small group of angel investors. Although they intend to keep the core product free, they’ll sell extra add-ons like special filters and they “plan to experiment with different models as we grow and learn what special value we can provide to the community to make their collective experience more engaging, exciting and useful.”