|
March 13, 2023, 9:35 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| U.S. Department of the Treasury: |
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13 — WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
More:
Board of Governors …, Board of Governors …, Wall Street Journal, Circle, CNBC, CNN, Bloomberg, Wired, TechCrunch, The Information, Bloomberg, FDIC, NBC News, CoinDesk, Axios, Inside Bitcoins, Wall Street Journal, National Review, New York Times, CNBC, Tech Startups, crypto.news, Coinspeaker, CNBC, Cryptonews, Cryptopolitan, NewsBTC, MediaNama, Axios, Fortune, DataBreachToday.com, Forkast, Watcher Guru, HN Digest, THE LOGUE, Crowdfund Insider, Livemint, Coinpedia Fintech News, Bloomberg, SiliconANGLE, Decrypt, Variety, PYMNTS.com, Reuters, CryptoGlobe, Bloomberg, DealStreetAsia, SlashGear, Metaverse Post, Engadget, Insider, Cointelegraph, and Financial Times
Mastodon:
@alex@cybervillains.com. Tweets:
@potus, @cz_binance, @jerallaire, @bgarlinghouse, @potus, @nicktimiraos, @vcbrags, @federalreserve, @neil_irwin, @litcapital, @danielagabor, @bobeunlimited, @jimcramer, @octal, @federalreserve, @jasonfurman, @zck, @chrisjbakke, @jason, @fedguy12, @danprimack, @elaifresh, @macroalf, @thestalwart, @benedictevans, @jasonlk, @esaagar, @chiweethegod, @freezingfintake, @ivanthek, @donmoyn, @newtgingrich, @mattyglesias, @bgarlinghouse, @davidsacks, @petercontibrown, @thestalwart, @scottjshapiro, @sarthakgh, @joelpollak, @dylanleclair_, @davidsirota, @litcapital, @neoavatara, @fedguy12, @larryvc, @ramahluwalia, @jasonfurman, @modestproposal1, @david_dayen, @jstein_wapo, @trungtphan, @noahpinion, @levie, @mattyglesias, @dsquareddigest, @mcuban, @faineg, @mgsiegler, @levie, @paulmitchell_ab, @martinsfp, @mbensass, @jacobtamme, @devahaz, @m_c_klein, @ian_fraser, @lizrhoffman, @ericnewcomer, @brendanpedersen, @vermontgmg, @eugenewei, @chrisalbon, @callumj, @tculpan, @amlivemon, @karaswisher, @m_c_klein, @repsarajacobs, @deanobeidallah, @axios, @garrytan, @billackman, @karaswisher, @adamscochran, @ericnewcomer, @anthony, @jeffreyatucker, @rajakorman, @georgegammon, @jeannasmialek, and @reprokhanna
| Iain Withers / Reuters: |
HSBC plans to acquire Silicon Valley Bank UK for £1, citing “strategic sense for our business”; as of March 10, SVB UK had ~£5.5B loans and ~£6.7B deposits — HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound.
More:
Bank of England, Financial Times, GOV.UK, BBC, The Guardian, The Guardian, Forbes, TechCrunch, Finbold, South China Morning Post, PYMNTS.com, HSBC, LinkedIn, Cointelegraph, Finextra, The Information, Inside Bitcoins, Light Reading, Business Post, Tech Monitor, CoinJournal, ComputerWeekly.com, Cryptopolitan, Off to Lunch, Decrypt, gHacks Technology News, Micky, Cryptonews, Bloomberg, Bitcoinist.com, Bloomberg, UKTN, The Economic Times, Associated Press, Wall Street Journal, Politico, New York Times, Axios, TechCabal, CNN, Coinpedia Fintech News, The Times, ABC News, Coinspeaker, CoinDesk, City A.M., DL News, Tech in Asia, Dow Jones Newswires, Silicon Canals, Watcher Guru, and CNBC
Tweets:
@jeremy_hunt, @cetier1, @hmtreasury, @jamestitcomb, @wublockchain, @arashmassoudi, @lisaabramowicz1, @danielkorski, @justin_cash_1, @samgyimah, @loomdart, @daniburgz, @bondhack, @benedictcooney, @richardgrahamuk, @georgewparker, @checkwarner, @michelledonelan, @mjrobbins, @ibrahimsaninet, @bandrew, @georgewparker, @suzanneashman, @thetranscript_, @jespow, @mayazi, @jamestitcomb, @edconwaysky, @drsdeg, @paulbranditv, @justin_cash_1, @nickmacpherson2, @bondhack, @degenspartan, and @edwinhayward
| Sinead O'Sullivan / Financial Times: |
Having perfected the art of using hype to move markets, VCs managed to hype their own rumors to collapse SVB, accidentally slaying a much loved accomplice — After more than a decade of venture capitalists insisting they provide more than just cash to their portfolio companies, the moment to prove that finally arrived.
More:
Wall Street Journal, The Verge, Financial Times, Wall Street Journal, and The California Stem …
Tweets:
@jason, @jason, @billackman, @carlquintanilla, @evanhill, @rachelensignwsj, @nic__carter, @davidsacks, @molly0xfff, @buccocapital, @thestalwart, @jason, @andrewrsorkin, @chimeracoder, @repthomasmassie, @paul_bowers, @lalehkhalili, @bigblackjacobin, @jason, @pt, @vivekgramaswamy, @davidsacks, @antoniogm, @noahpinion, @maxkennerly, @divestech, @devahaz, @dannypage, @nickcho, @epicureandeal, @epicureandeal, @jspujji, @espiers, @gritgrowthcap, @jbarro, @bigmeaninternet, @verashokina, @gumby4christ, @ddayen, @vivekgramaswamy, @pwnallthethings, @katienotopoulos, @nicoleperlroth, @smtuffy, @chrismohney, @leehepner, @davidsacks, @danteatkins, @galois_capital, @mattbinder, @adamjohnsonnyc, @hoofnagle, @carnage4life, @mclendaniel, @mattdpearce, @carnage4life, @rohunjauhar, @davidsacks, @thelincoln, @carnage4life, @f_j_j_, @poordart, @sineados1, @bigblackjacobin, @silvermanjacob, @alexroy144, and @mattyglesias
| Michael Moritz / Financial Times: |
A eulogy for Silicon Valley Bank, a business partner to tech for 40 years, which offered services when established banks would not and was undone by its loyalty — Regardless of the reasons behind the bank's collapse, it leaves a huge hole for the start-up scene — The writer is a partner at Sequoia Capital
More:
New York Times, Bloomberg, and Philip Elmer‑DeWitt
Tweets:
@sarthakgh, @nfergus, @flying_mom, @jpm25, @dsquareddigest, @johnthornhillft, @edsuh, @aphclarkson, @rachaelrad, @antoinegara, and @jrichlive
| Ben Thompson / Stratechery: |
SVB bears responsibility for its demise, the outcome of disruption being tech's objective function, and the Silicon Valley myth could be the ultimate casualty — Banks are, at their core, facilitators: depositors lend their money to a bank, for which they are paid interest, and banks lend that money out, again for interest.| MacKenzie Sigalos / CNBC: |
Sources: long before its collapse, SVB remained technologically stagnant, including failing to integrate Stripe's tech and biometric authentication on mobile — - SVB's problems extended beyond its risk profile and a challenging economy. — An ex-manager and several clients …
Tweets:
@espiers
| CNBC: |
New York shuts down Signature Bank as US regulators cite a “systemic risk exception” like for SVB, announcing all of Signature's depositors will be “made whole” — U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution …
More:
Department of Financial …, FDIC, TechCrunch, New York Times, Wall Street Journal, The Block, Reuters, VentureBeat, CBS News, Washington Post, Gizmodo, The Block, Cointelegraph, MarketWatch, Inside Bitcoins, The Guardian, Financial Times, Bloomberg, Coinspeaker, Crypto Daily, Livemint, Apricitas Economics, Barron's Online, The Verge, Insider, SiliconANGLE, Fortune, crypto.news, CoinJournal, All Facts Matter, Watcher Guru, Money Guide, CryptoGlobe, Decrypt, and PYMNTS.com
Mastodon:
@davidgerard@circumstances.run and @heidilifeldman@mastodon …
| MacKenzie Sigalos / CNBC: |
More:
Coinspeaker, Beginning of Freedom, Grit Capital, South China Morning Post, ExchangeWire.com, Crypto Daily, Livemint, Watcher Guru, CoinGape, Cointelegraph, Fortune, CoinDesk, and SiliconANGLE
Tweets:
@amacker, @laurawalkerkc, and @jimpethokoukis
| Vishal Chawla / The Block: |
Lending protocol Euler Finance lost $197M in a flash-loan attack, including $136M in stETH and $34M in USDC; Euler raised $32M in June 2022; EUL drops 45%+ — - Euler Finance was hit by a flash-loan attack that resulted in a loss of $197 million, according to security analysts.
More:
Decrypt, Cointelegraph, CoinDesk, Bloomberg, Crypto Daily, Cryptopolitan, Ethereum World News, CoinGape, and CryptoPotato
Tweets:
@eulerfinance, @peckshield, @pcaversaccio, @peckshield, @route2fi, @peckshield, @mhonkasalo, @mhonkasalo, @functi0nzer0, @functi0nzer0, @dcfgod, @pcaversaccio, @0xtuba, @yohangglobal, @hsakatrades, @crypto_mckenna, @degenspartan, @zachxbt, @frankresearcher, @nomorebear, @lidofinance, and @0xrooter
| Financial Times: |
Sources: Tim Cook has pressed ahead with an MR headset debut in 2023, overruling Apple designers who wanted to wait until the tech catches up with their vision — New launch will be first steered entirely by CEO and under direction of operations team — When Tim Cook unveils Apple's new …
More:
Wareable, MacDailyNews, iMore, Digital Trends, Cult of Mac, and BigTechWire
Tweets:
@andrewjscott, @jetscott, @markgurman, and @binocularity
| Fortesa Latifi / Teen Vogue: |
A YouTuber who went viral as a toddler says she resents her family for monetizing her childhood, as some influencer parents take their children off social media — “Nothing they do now is going to take back the years of work I had to put in.” — Search Claire's name online … | Antoine Gara / Financial Times: |
US private equity firm Silver Lake and Canada's largest pension fund plan to acquire Qualtrics for $12.5B, or $18.15 per share, as SAP divests its 71% stake — Buyout with Canada's largest pension fund is expected to be one of biggest this year — US private equity group Silver Lake …
More:
TechCrunch, Silicon Republic, CIO.com, Reuters, GeekWire, Bloomberg, Qualtrics, and SAP SE. Tweets:
@antoinegara
| Ezra Klein / New York Times: |
As AI explodes, humanity must accelerate its adaptation or reach a collective, enforceable decision to slow the development of these technologies — In 2018, Sundar Pichai, the chief executive of Google — and not one of the tech executives known for overstatement — said …
Tweets:
@dlepeska, @carnage4life, @aleighmp, @liron, @ahmalcolm, and @alex_panetta
Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
Techmeme Ride Home:
Fri. 11/22 - An LLM Siri But... Only The Year AFTER Next?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via
Apple Podcasts,
Spotify, or
RSS.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 9:35 AM ET, March 13, 2023.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Anja Karadeglija / The Canadian Press:Matthew Keys / The Desk:
Ashley Carman / Bloomberg:
Upcoming Tech Events
More News
| Simon Willison / Simon Willison's Weblog: |
More:
GOOD INTERNET. Tweets:
@miolini, @simonw, @simonw, @emostaque, @jposhaughnessy, @dalmaer, and @scobleizer