Land speed records are a thing of hell. Imagine traveling down the Bonneville Salt Flats at…
Category: Economy
More than 100 venture capital investors have expressed solidarity with Silicon Valley Bank
As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operations, many venture capitalists and…
Y Combinator calls on Congress to act on the collapse of SVB
Image credits: My neighbor tan Serial entrepreneur and venture capitalist Gary Tan spent less than three…
SVB is the largest banking failure since the 2008 financial crisis
California regulator closes SVB, designates FDIC as recipient SVB focuses on lending to startups; Branches reopen…
security ether? The legal expert says that could have huge ramifications for encryption
If a state court considers ether (ETH) a security, it could prompt federal regulators to take…
Roku says it could lose 25% of its money after the Silicon Valley bank failure
The sudden collapse of the Silicon Valley bank has put more than a quarter of Roku’s…
FDIC: PR-16-2023 10/3/2023
For immediate release WASHINGTON — The Silicon Valley bank, Santa Clara, Calif., was…
Silicon Valley bank slams global stocks, US payrolls loom
Crude oil eases growth concerns Silicon Valley bank troubles have hit banks globally US non-farm payrolls…
S&P 500 Breaks Critical Support as SVB Financial Crash on Bank Stocks; The jobs report looms
Dow futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures ahead of the…
US weekly jobless claims post their biggest rise in 5 months; The job market is still tight
Weekly jobless claims increased from 21,000 to 211,000 The four-week average of claims rises from 4,000…