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March 10, 2023, 2:10 PM
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WeSmirchTop News
| CNBC: |
California regulators close SVB, appoint the FDIC as receiver to protect insured deposits; SVB had ~$209B in assets and $175.4B in deposits at the end of 2022 — This is breaking news. Please check back for updates.
More:
FDIC, The Department …, Net Interest, New York Times, Associated Press, CoinDesk, TechCrunch, The Verge, Wall Street Journal, BetaKit, TechCrunch, Sifted, The Economic Times, Silicon Valley Business …, Newcomer, The Block, Globe and Mail, Bloomberg, Decrypt, AltFi, PYMNTS.com, Forbes, UKTN, Axios, WRAL TechWire, Fortune, Newser, Bitcoin News, Investor's Business Daily, Crowdfund Insider, NBC Bay Area, CryptoSlate, and Financial Times
LinkedIn:
Arjun Sethi, John Stepek, Eunice Ajim, Sahil Mansuri, Amy Lewin, and Kristina Hooper
Mastodon:
@downey@floss.social and @ukuku@mstdn.social
Tweets:
@thestalwart, @bhargreaves, @bhargreaves, @fdicgov, @grdecter, @tier10k, @garrytan, @unusual_whales, @cramertracker, @nikitabier, @parkerconrad, @roshanpatei, @thetranscript_, @wallstcynic, @robblackwellab, @ellebeyoud, @kevinyun, @immad, @watcherguru, @johnpaczkowski, @mikebutcher, @jgreco, @cfarivar, @nickatfp, @justinwolfers, @onebandwagonfan, @justinwolfers, @justinwolfers, @scobleizer, @sarthakgh, @applehelix, @jordanschachtel, @brendanpedersen, @jamespmcleod, @acityinohio, @stevenkelly49, @bamabonds, @parkerconrad, @danprimack, @repswalwell, @lifescivc, @thebondfreak, @gunjanjs, @52kskew, @donmiami3, @byclairew, @wideofthepost, @hhorsley, @thresh, @cz_binance, @smtuffy, @bucknsf, @litcapital, @brianroemmele, @zerohedge, @jcoviedo6, @parikpatelcfa, @jasondebolt, @seawolfcap, @thetranscript_, @pinboard, @edzitron, @shaig, @eperlste, @jason, @davetroy, @adamscochran, @adamscochran, @bhargreaves, @jonwu_, @bhargreaves, @grdecter, @luke_metro, @bhargreaves, @iwriteok, @flying_mom, @functi0nzer0, @thebondfreak, @kiarichards_, @zosegal, @adamscochran, @chriscamillo, @packym, @jamesclayton5, @jenwieczner, @bhargreaves, @growing_daniel, @lopp, @shaig, @elidourado, @dkthomp, @sullycnbc, @0xc0le, @arlanwashere, @lulumeservey, @fdicgov, @chopracfpb, @oxdeadbeef_, @nickadobos, @heylizelle, @arrington, @adamscochran, @pt, @modestproposal1, @sama, @scobleizer, @msuster, @msuster, @kashhill, @cjc, @stshank, @ciovaccocapital, @jeffreyatucker, @business, @nicoleperlroth, @luke_broyles, @deepakshenoy, @hannahdlang, @caro, @schuldensuehner, @dkthomp, @lulumeservey, @karenpetrou, @balajis, @brendanpedersen, @marietjeschaake, @amitranjan, @carnage4life, @film_girl, @carnage4life, @kateclarktweets, @mvpeers, @film_girl, @californiadfpi, @dnak, @amir, @danprimack, @edzitron, @rafat, @gregorynyc, @pinboard, @startupljackson, @macconwell, @shonaghosh, @hugh_son, @kateclarktweets, @jessicalessin, @etxeba, @tier10k, @danprimack, @thestalwart, @rickasaurus, @teroterotero, @pitdesi, @bigblackjacobin, @eug_ng, @josh_young_1, @ericnewcomer, @semil, @kgreifeld, @ericnewcomer, @ow, @business, @nmasc_, @ericnewcomer, @ruima, and @kateclarktweets
| Jesse Pound / CNBC: |
Sources: SVB Financial, parent of Silicon Valley Bank, is in talks to sell itself after attempts to raise capital failed — SVB Financial , parent of Silicon Valley Bank, is in talks to sell itself, sources told CNBC's David Faber. Attempts by the bank to raise capital have failed …
More:
The Information, Newcomer, CNBC, Sifted, SiliconANGLE, Mercury News, TechCrunch, PYMNTS.com, VICE, The Economic Times, Silicon Valley Business …, Bloomberg, Finextra, Tech.eu, New York Post, Crunchbase News, The Verge, Crypto Briefing, Insider, CryptoPotato, WRAL TechWire, CoinGape, Fortune, Bitcoin News, Stock Quest, NBC Bay Area, and Crowdfund Insider
Tweets:
@jyarow, @danprimack, @slate_akita, @jonwu_, @lopezlinette, @danprimack, @anthony, @bobbrinker, @peteryared, @business, @silviakillings, @robinwigg, @mvpeers, and @frances_coppola
| Financial Times: |
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities — Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities — Silicon Valley Bank has launched a $2.25bn share sale …
More:
Bloomberg, SVB Financial Group, Reuters, Wall Street Journal, The Information, Wall Street Journal, TechCrunch, Bloomberg, New York Post, CoinDesk, New York Times, PYMNTS.com, Pirate Wires, Decrypt, Quartz, Cointelegraph, Fortune, BBC, TechCrunch, The Information, Financial Times, Axios, AltFi, NBC News, Moodys.com, Bloomberg, Coinspeaker, Kiiski's Newsletter, Coinspeaker, and The Information
Tweets:
@billackman, @thebenbergman, @howard, @sullycnbc, @bobeunlimited, @nmasc_, @danprimack, @grdecter, @msuster, @gunjanjs, @deitaone, @thestalwart, @econderek, @business, @pitdesi, @parikpatelcfa, @pkedrosky, @alexlmiller, @amir, @thetranscript_, @jamiequint, @johnhenrystyle, @utekkare, @danprimack, @itstarh, @gunjanjs, @anildash, @tier10k, @anthony, @grandtokamak, @amir, @pitdesi, @jessicalessin, @juroosawa, @leoringer, @frognews, @levie, @caitlinlong_, @jackiereses, @jessicalessin, @danprimack, @anandwrites, @rafat, @nomiprins, @chrismessina, @nabeel, @mayhem4markets, @thestalwart, @startupljackson, @danprimack, @tier10k, @asanwal, @isaach, and @smdiehl
| Lizette Chapman / Bloomberg: |
Email: VC firm Greenoaks warned founders of potential problems at SVB in November 2022; a source says over 12 portfolio companies withdrew ~$1B in recent months — Venture investment firm Greenoaks Capital Partners warned its startup founders of potential problems at SVB Financial Group's Silicon Valley Bank …
More:
TechCrunch, The Economic Times, Sifted, City A.M., Insider, Tech in Asia, Finextra, and Moneycontrol
Tweets:
@robinwigg, @fedguy12, @fedguy12, @0xfbifemboy, @fedguy12, @du09btc, @jamespmcleod, @ferrotv, @somospostpc, @thetranscript_, @alex, and @ukarlewitz
| Casey Newton / Platformer: |
Meta is exploring a standalone decentralized social network for sharing text updates; the app, codenamed P92, will reportedly let users log in with Instagram — Is this the Twitter replacement we've been waiting for? … Twitter's decline is paving the way for other platforms to build next-generation replacements.
More:
Moneycontrol, BBC, TechCrunch, Reuters, ZDNet, CNN, SiliconANGLE, PCMag, Engadget, Reuters, Thurrott, Gizmodo, Techdirt, CoinDesk, Pocket-lint, Insider, CNBC, Neowin, Coinspeaker, Coinmonks, gHacks Technology News, Cryptopolitan, crypto.news, Mashable, Tech.co, Cointelegraph, Silicon Republic, and Watcher Guru
Mastodon:
@matt@isfeeling.social and @folletto@mastodon.social
| Filipe Espósito / 9to5Mac: |
Kuo: Apple plans to unveil a redesigned HomePod with a built-in 7-inch display in H1 2024, enabling tighter integration with Apple's other hardware products — Apple this year introduced a new HomePod that looks exactly like the original model announced in 2017 and discontinued in 2021.| Arjun Kharpal / CNBC: |
Bitcoin falls ~8% to ~$19,900, a near two-month low, and ether falls 8%+ to ~$1,400, after US stocks drop and Silvergate Capital and Silicon Valley Bank implode — - Bitcoin fell below $20,000 on Friday hitting a near-two month low after a stock market sell-off in the U.S.
More:
PYMNTS.com, CoinDesk, Tech Startups, and Decrypt
Tweets:
@ap_abacus, @wublockchain, @carnage4life, @smtuffy, and @lookonchain
| CoinDesk: |
New York's AG sues KuCoin, alleging the Seychelles-based crypto exchange offers tokens, such as ETH, that meet the definition of a security, without registering — A press release said the lawsuit was part of ongoing “efforts to crack down on unregistered cryptocurrency platforms.”| Financial Times: |
German states Bavaria and North Rhine-Westphalia are reviewing how police use Palantir's tech after a court ruled laws on data mining by police were too broad — US data group seeking government contracts In Europe faces pushback over privacy concerns — German states are rethinking …
Tweets:
@laurapitel and @karolcummins
| Financial Times: |
Sources: after lobbying by Apple, Foxconn, and others, India's Karnataka state now allows two-shift production and 12-hour shifts, similar to practices in China — Lobbying in Karnataka leads to landmark legislation that anticipates iPhone production in southern state
More:
Gadget Tendency, 9to5Mac, Ars Technica, iPhone in Canada Blog, AppleInsider, DigiTimes, MacDailyNews, iMore, and BGR
Tweets:
@eksaraiki, @gokul_sahni, @markc_anderson, and @nongratadesi
| Carly Page / TechCrunch: |
Cloud software company Blackbaud to pay $3M to settle SEC charges that it made “misleading disclosures” about a 2020 ransomware attack affecting 13K+ customers — Software house Blackbaud has agreed to pay $3 million to settle charges related to a May 2020 ransomware attack … | Karissa Bell / Engadget: |
Report: Meta pauses US Reels Play bonuses; launched in December 2021, the program promised Facebook and Instagram creators up to $35K/month based on view counts — Meta seems to be phasing out one of the key initiatives that helped Reels creators on Facebook and Instagram get paid.Sponsor Posts
Meta:
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Tribe AI:
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Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
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This is a Techmeme archive page. It shows how the site appeared at 2:10 PM ET, March 10, 2023.
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Amol Sharma / Wall Street Journal:James Warrington / Telegraph:
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