Founders swarmed SVB’s Bay Area branches looking for answers after bank’s historic failure
5 min read
Silicon Valley Bank's clients went to physical branches on Friday searching for answers as the bank rapidly...
The U.S. cryptocurrency firm Circle's USD Coin lost its dollar peg and fell to a record low...
Tech companies that banked at SVB are wondering when they're going to be able to pay employees...
Silicon Valley investors and founders express shock, describe struggles to get money out of SVB
6 min read
As Silicon Valley Bank was taken over by the FDIC on Friday, investors and start-ups who have...
Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis
3 min read
Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis
The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.
Venture capitalists urge startups to withdraw funds from crisis-laden Silicon Valley Bank
3 min read
VC firms are urging their portfolio companies to move money out of embattled lender Silicon Valley Bank,...
Meta is exploring a decentralized, text-based social network that could compete with Elon Musk's Twitter,
SVB is a major bank for venture-back companies, and cited cash burn from clients as one reason...
Without us ‘there is no Google’: EU telcos ramp up pressure on Big Tech to pay for the internet
5 min read
European telecom bosses have ramped up pressure on regulators to make digital giants shoulder some of the...
Silicon Valley Bank’s struggles spell further trouble for beleaguered tech startup market
4 min read
Silicon Valley Bank's crisis is due to the challenges faced by its clients, though the problems could...
Oracle reported fiscal third quarter 2023 revenue that missed analyst expecations.
Apple Music Classical will launch on March 28 and will boast five million unique tracks.
Federal vehicle safety regulators initiated a crash investigation into a fatal collision that involved a Tesla Model...
CNBC explores Zimbabwe’s mining sector to find out why China has a stronghold on the country and...
Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown
2 min read
Silvergate Capital said on Wednesday that it will wind down operations and liquidate its bank, which served...
Regulators opened an investigation into Tesla after receiving complaints that steering wheels detached in Model Y vehicles...
Elon Musk apologizes after calling disabled Twitter employee who was laid off ‘the worst’
4 min read
Elon Musk on Tuesday apologized after questioning the work performance of a disabled Twitter employee who was...
A viral TikTok video showed how AI chatbots are being used to send email pitches. Microsoft and...
Gigi Sohn is withdrawing her nomination to serve as telecommunications regulator to the Federal Communications Commission.
A new nuclear reactor at the Vogtle plant in Georgia started splitting atoms. Full operation will begin...
