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.
CNBC Technology
Here's how the second-biggest bank collapse in U.S. history happened in just 48 hours
As dust begins to settle on the biggest American bank failure since 2008, members of the VC community lament the role other investors played in SVB's demise.
Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say
SVB is a major bank for venture-back companies, and cited cash burn from clients as one reason it was looking to raise additional capital.
Meta exploring a new social network that could compete with Twitter
Meta is exploring a decentralized, text-based social network that could compete with Elon Musk's Twitter,
Without us 'there is no Google': EU telcos ramp up pressure on Big Tech to pay for the internet
European telecom bosses have ramped up pressure on regulators to make digital giants shoulder some of the cost of building internet infrastructure.
Silicon Valley Bank's struggles spell further trouble for beleaguered tech startup market
Silicon Valley Bank's crisis is due to the challenges faced by its clients, though the problems could now get worse.
Oracle shares sink nearly 5% after third-quarter revenue miss
Oracle reported fiscal third quarter 2023 revenue that missed analyst expecations.
Apple announces new classical music app that launches on March 28
Apple Music Classical will launch on March 28 and will boast five million unique tracks.
Is the U.S. falling behind China in Africa’s lithium industry?
CNBC explores Zimbabwe’s mining sector to find out why China has a stronghold on the country and why it matters to the U.S.
Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown
Silvergate Capital said on Wednesday that it will wind down operations and liquidate its bank, which served the crypto industry.
China says it's 'puzzled' after report Germany might ban Huawei from parts of 5G mobile network
Reuters reported, citing a government source, that Germany is considering banning certain components from Chinese firms, including Huawei, in its 5G mobile networks.
Fatal Tesla collision with firetruck under federal investigation
Federal vehicle safety regulators initiated a crash investigation into a fatal collision that involved a Tesla Model S sedan and a firetruck in California.
Vietnamese EV maker VinFast remains optimistic despite challenging entry to U.S. auto market
VinFast CEO says that there is a lot of room for players in the U.S. market as the world moves towards electric vehicles.
U.S. regulators investigating Tesla after steering wheels detach from two moving vehicles
Regulators opened an investigation into Tesla after receiving complaints that steering wheels detached in Model Y vehicles while people were driving.
ChatGPT is being used to automatically write emails: Microsoft, Salesforce and TikTok creators are hopping on the trend
A viral TikTok video showed how AI chatbots can be used to send email pitches. Microsoft and Salesforce announced new products with that exact feature.
Elon Musk apologizes after calling disabled Twitter employee who was laid off 'the worst'
Elon Musk on Tuesday apologized after questioning the work performance of a disabled Twitter employee who was laid off by the company.
Mast Reforestation is using drones, nurseries and carbon offsets to revitalize land after wildfires
Mast Reforestation, formerly DroneSeed, is ramping up the supply of native seeds needed for reforestation after record wildfires in the U.S. West.
White House endorses new Senate TikTok bill, urges Congress to pass it 'quickly'
The White House threw its support behind a new bipartisan Senate bill that would give the Biden administration the power to ban TikTok in the U.S.
Meta planning thousands of more cuts after widespread layoffs, report says
The layoffs could begin this week and affect thousands of employees.
Next-gen mobile internet — 6G — will launch in 2030, telecom bosses say, even as 5G adoption remains low
6G, the next generation of mobile internet after 5G, is likely to launch in 2030, top telco executives told CNBC.
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