|
March 13, 2023, 3:30 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| U.S. Department of the Treasury: |
The US Treasury, Federal Reserve, and the FDIC: 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 …, Wall Street Journal, CNBC, Bloomberg, Circle, CNN, Reuters, Reuters, Engadget, NBC News, Cointelegraph, Metaverse Post, Livemint, Axios, The Hill, PYMNTS.com, Decrypt, Watcher Guru, Forkast, MarketWatch, Noahpinion, CoinJournal, Today's Edition Newsletter, DataBreachToday.com, SiliconANGLE, Fortune, HN Digest, Crowdfund Insider, The Register, All Facts Matter, SlashGear, Politico, Variety, CryptoGlobe, Tech Startups, DealStreetAsia, Bitcoinist.com, Insider, The Verge, Smoke Signal, Bitcoin News, CryptoPotato, CoinDesk, The Global Macro Trader, Cryptopolitan, San Francisco Business Journal, Crunchbase News, iTnews, TechCrunch, Deadline, Finbold, Slashdot, socaltech.com, Unusual Whales, and Daring Fireball
Mastodon:
@alex@cybervillains.com and @DataDrivenMD@fedified.com
Tweets:
@jerallaire, @potus, @nicktimiraos, @vcbrags, @potus, @jason, @neil_irwin, @bobeunlimited, @federalreserve, @zck, @chrisjbakke, @thestalwart, @karaswisher, @deanobeidallah, @levie, @reprokhanna, @levie, @paulmitchell_ab, @martinsfp, @jacobtamme, @lizrhoffman, @ericnewcomer, @eugenewei, @chrisalbon, @mgsiegler, @callumj, @ljxie, @tculpan, @silvermanjacob, @amlivemon, @karaswisher, @repsarajacobs, @axios, @garrytan, @ericnewcomer, @anthony, @jeffreyatucker, @georgegammon, @petercontibrown, @ericnode, @carnage4life, @kevinrose, @ericnewcomer, and @mhelft
| Bloomberg: |
SVB draws support from 500+ VCs, including General Catalyst and Sequoia, while 5,000+ founders and CEOs sign a Y Combinator petition asking US Congress to act — More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
More:
Bloomberg, Financial Times, Y Combinator Blog, Financial Times, Financial Times, Loic's Newsletter & Podcast, TechCrunch, Pandaily, TechCrunch, Fortune, Cryptonews, Livemint, The Economic Times, Cointelegraph, Reuters, Arthuriana, and Insider
Tweets:
@htaneja, @paulg, @garrytan, @micsolana, @garrytan, @reprokhanna, @davidsacks, @grdecter, @nicoleperlroth, @jeiting, @edsuh, @ryangrim, @sarthakgh, @marxgasol, @alex, @erikvoorhees, @joshsteinvc, @spignal, @aphclarkson, @photomatt, @pt, @tomcoates, @quinneyeq, @cloud_opinion, @jeffnolan, @antoinegara, @bigblackjacobin, @tolstoybb, @peterkolchinsky, @twobitidiot, @jefielding, @amuse, @bradsilverberg, @charlesarthur, @deitaone, @mattocko, @teroterotero, @davidgerard, @quinneyeq, @ryangrim, @mansourtarek_, @tfadell, @_jeremyflores, @m2jr, @crv, @ksimm, @katie_roof, @kevinrose, @can, @paulg, @ranjanxroy, and @ronconway
| Rachel Louise Ensign / Wall Street Journal: |
First Republic Bank says it has shored up its finances with additional funding from the US Fed and JPMorgan Chase, giving the bank $70B in unused liquidity — Fresh funding gives the bank $70 billion in unused liquidity — First Republic Bank FRC -14.84%decrease; red down pointing triangle …
More:
Bloomberg, Insider, and The Information
Tweets:
@josephruscio, @duncanriley, @ryankalt, @firstrepublic, and @samirkaji
| Iain Withers / Reuters: |
HSBC says it is acquiring Silicon Valley Bank UK for £1; as of March 10, SVB UK had loans of ~£5.5B and deposits of ~£6.7B — HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound. — “This acquisition makes excellent strategic sense …
More:
London Stock Exchange plc, Financial Times, BBC, CNBC, Bloomberg, and The Guardian
| Bloomberg: |
Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world — The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world.
More:
Financial Times, Entrackr, BBC, Sky News, Reuters, City A.M., Cooley, Insider, gHacks Technology News, PYMNTS.com, Cointelegraph, Rami's Readings, Embrace The Chaos, TechCrunch, Livemint, UKTN, TechCrunch, Wall Street Journal, Cryptopolitan, Crowdfund Insider, Australian Financial Review, Finance Substack, Agence France-Presse, Australian Financial Review, and South China Morning Post
Tweets:
@lcmichaelides, @torrenegra, @kprescott, @samirkaji, @mukund, @mairal, @secretcfo, @smtuffy, @matress_island, @hamasakilaw, @thetomzone, @kimmasters, @vermontgmg, @flateartherkitt, @taylorlorenz, @silvermanjacob, @mikebutcher, @pauljudge, @vcdgf555, @aaronklein, @alexwickham, @joshmedia, @gramblings, @benparr, @moving_charlie, @matthfield, @lynnmdoan, @mikegatto, @israelipm, @anothercohen, @tw_seal, @cornelialake, and @tw_seal
| 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 …, New York Times, Washington Post, Wall Street Journal, Reuters, The Block, CBS News, The Guardian, Financial Times, Watcher Guru, TrackRecord Daily, Cointelegraph, Money Guide, Insider, Quartz, Bloomberg, Fortune, Decrypt, PYMNTS.com, GeekWire, The Korea Herald, and SHERLOC Exposes
Mastodon:
@davidgerard@circumstances.run and @heidilifeldman@mastodon …
| MacKenzie Sigalos / CNBC: |
Signature's closure means real-time payment platform Signet is no longer serving crypto clients, following Silvergate's SEN; BTC is up ~7% and USDC regains peg — - Silvergate and Signature were the two main banks for crypto companies, while Silicon Valley Bank had a lot of crypto startups and VCs as customers.
More:
South China Morning Post, Cointelegraph, Watcher Guru, CoinGape, Web3 is Going Just Great, Livemint, SiliconANGLE, The Information, The Block, and CryptoPotato
Tweets:
@amacker, @laurawalkerkc, @jimpethokoukis, and @kenziesigalos
| Frank Chaparro / The Block: |
| Bloomberg: |
More:
The Block, Cointelegraph, Decrypt, The Guardian, CryptoPotato, Cryptopolitan, Forkast, CoinDesk, Inside Bitcoins, ZyCrypto, Unbank Space, Cryptonews, Wall Street Journal, Wu Blockchain, Watcher Guru, Ethereum World News, Bitcoin News, and CoinGape
Tweets:
@cz_binance, @coinbase, @milesdeutscher, @rewkang, @viktorbunin, @coinbase, @matthew_d_green, @petergyang, @simonpb, and @edzitron
| New York Times: |
More:
Cryptopolitan, TechCrunch, Insider, and Mercury News
Mastodon:
@Jhorwitzz@mastodon.online and @stevetex@mastodon.social
Tweets:
@smdiehl, @moshaikhs, @chasemadar, @berkeleylaw, @carnage4life, @w3sobeefy, @hblodget, and @jossytweets
| 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:
MacRumors, 9to5Mac, Cult of Mac, PhoneArena, iClarified, iPhone in Canada Blog, BigTechWire, MIXED Reality News, AppleInsider, Wccftech, Patently Apple, and iThinkDifferent
Tweets:
@andrewjscott, @jetscott, @leakerapple, @markgurman, and @binocularity
| Simon Willison / Simon Willison's Weblog: |
A developer runs Meta's 13B LLaMA model, considered to be competitive with GPT-3, on his laptop, showing local language models are feasible on consumer hardware — The open release of the Stable Diffusion image generation model back in August 2022 was a key moment.
More:
GOOD INTERNET, Simon Willison: TIL, and Advantageous Insights
Mastodon:
@simon@fedi.simonwillison.net. Tweets:
@miolini, @simonw, @simonw, @emostaque, @jposhaughnessy, @dalmaer, @scobleizer, @mascobot, @sgourley, @alexgraveley, @simonw, @sandeshrajx, @rachel_l_woods, @simonw, and @d_feldman
| Mark Gurman / Bloomberg: |
A look at the unprecedented level of executive turnover at Apple, which lost 11 key people, most just below Senior Vice President, since the second half of 2022 — Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its sales operations with a focus on India … | Tate Ryan-Mosley / MIT Technology Review: |
Q&A with Meredith Broussard, a leading researcher of algorithmic bias, on her book More than a Glitch, which looks at the harms of applying AI to social issues — Meredith Broussard argues that the application of AI to deep-rooted social problems is already producing disastrous results.
Tweets:
@seoscottsdale
| John Sakellariadis / Politico: |
Worried that cloud giants offer concentrated hacking targets, the US plans to regulate the security practices of Amazon, Microsoft, Google, Oracle, and others — Governments and businesses have spent two decades rushing to the cloud — trusting some of their most sensitive data to tech giants …
More:
Investor's Business Daily, WebProNews, and Slashdot
| Rob Wile / NBC News: |
Etsy warns sellers that SVB's collapse is causing payment processing delays and hopes to pay them via its other partners “within the next several business days” — Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments … | Sarah Perez / TechCrunch: |
More:
Reuters and Michael Kuenne
Tweets:
@carnage4life, @repswalwell, @frances_coppola, @ericjackson, @noahpinion, and @alistairmbarr
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.
Zoho:
How remote support can make your Christmas stress-free — As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving. While the season brings immense happiness …
How remote support can make your Christmas stress-free — As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving. While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
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.Who's Hiring In Tech?
Techmeme Ride Home:
Mon. 12/23 - The Revenge Of Google Glass?
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 3:30 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
Wall Street Journal:Wall Street Journal:
Charlie Warzel / The Atlantic:
Upcoming Tech Events
More News
| Marie Woolf / Globe and Mail: |
More:
iPhone in Canada Blog, Michael Geist, Reuters, Pixel Envy, and PCMag
Earlier Picks
| James Vincent / The Verge: |
More:
Bits, Bytes, and Bots. Tweets:
@wolfiechristl, @ckstechnews, @wolfiechristl, @adamsinger, @carnage4life, and @marywareham