|
March 13, 2023, 5:45 PM
|
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 …, CNBC, FDIC, The White House on YouTube, Bloomberg, Stratechery, CNN, VICE, Above Avalon, CoinDesk, Insider, The Atlantic, PYMNTS.com, Wired, The Hill, HotHardware, Fortune, CryptoSlate, Wall Street Journal, National Review, ZyCrypto, NBC News, Quartz, CNBC, GeekWire, Cointelegraph, Axios, Bitcoinist.com, Crunchbase News, Inside Bitcoins, CoinDesk, NFT Evening, New York Post, Bitcoin News, MediaNama, New York Times, Technical.ly, Decrypt, Coinspeaker, Tech Startups, Rate of Return, Cryptopolitan, NewsBTC, Blockworks, #OONO, Cryptonews, CryptoPotato, DealStreetAsia, and Protos
LinkedIn:
Janet Mui and Dror Futter
Tweets:
@cz_binance, @potus, @bgarlinghouse, @coinbase, @potus, @jerallaire, @danielagabor, @federalreserve, @nicktimiraos, @litcapital, @jessicalessin, @elaifresh, @octal, @samro, @neil_irwin, @bobeunlimited, @billackman, @jasonfurman, @federalreserve, @gavinsbaker, @jason, @scottjshapiro, @fedguy12, @jimcramer, @danprimack, @chrisjbakke, @macroalf, @gbildson, @burryarchive, @jeuasommenulle, @zck, @semil, @modestproposal1, @trungtphan, @noahpinion, @thestalwart, @tracyalloway, @levie, @mcuban, @ivanthek, @petercontibrown, @texasvc, @stephanie_murr, @senwarren, @mbensass, @devahaz, @m_c_klein, @ian_fraser, @robinbrooksiif, @jasonlk, @salehamohsin, @brendanpedersen, @whstancil, @stefeich, @vermontgmg, @cburniske, @charliebilello, @fedguy12, @gavinsbaker, @ingridlunden, @thebenbergman, @benedictevans, @danprimack, @salehamohsin, @wongmjane, @litcapital, @cburniske, @anthonyrandazzo, @bgarlinghouse, @sarthakgh, @atrupar, @m_c_klein, @davidsacks, @kgreifeld, @jonatanpallesen, @deanobeidallah, @firstadopter, @mcwm, @billackman, @wendyedelberg, @davidmwessel, @mattyglesias, @donmoyn, @joelpollak, @tomfitton, @newtgingrich, @dsquareddigest, @neoavatara, @isadwatson, @karaswisher, @dylanleclair_, @lloydblankfein, @adamscochran, @chiweethegod, @shortsightedcap, @esaagar, @ericnewcomer, @jstein_wapo, @rajakorman, and @jeannasmialek
| Sinead O'Sullivan / Financial Times: |
Having perfected the art of using echo-chamber hype to move markets, VCs managed to hype their own rumors to collapse SVB, 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:
Slate, Wall Street Journal, Kotaku, Wall Street Journal, and Financial Times
Mastodon:
@lauren@mastodon … and @ernie@writing.exchange
Tweets:
@jason, @billackman, @jason, @davidsacks, @zck, @chimeracoder, @billackman, @rachelensignwsj, @molly0xfff, @andrewrsorkin, @evanhill, @carlquintanilla, @repthomasmassie, @silvermanjacob, @davidsacks, @jason, @buccocapital, @thestalwart, @nic__carter, @balajis, @jason, @noahpinion, @noahpinion, @maxkennerly, @chrismohney, @leehepner, @davidsacks, @jspujji, @bigblackjacobin, @pwnallthethings, @davidsacks, @verashokina, @brooklynmarie, @dannypage, @davidsirota, @jathansadowski, @nglaros, @ddayen, @jordanuhl, @nickcho, @jasondebolt, @gritgrowthcap, @thelincoln, @dcwoodruff, @mattbruenig, @adamjohnsonnyc, @nicoleperlroth, @chafkin, @logophobe, @paul_bowers, @nycsouthpaw, @mclendaniel, @antoniogm, @ryanlcooper, @pt, @carnage4life, @epicureandeal, @hblodget, @vittostack, @devahaz, @frances_coppola, @gumby4christ, @rohunjauhar, @thelincoln, @danprimack, @bigblackjacobin, @f_j_j_, @poordart, @lalehkhalili, @vivekgramaswamy, and @felixsalmon
| Iain Withers / Reuters: |
HSBC acquires Silicon Valley Bank's UK arm for £1, citing “strategic sense for our business”; as of March 10, SVB UK had ~£5.5B in loans and ~£6.7B in deposits — HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound.
More:
Bank of England, BBC, TechCrunch, HSBC, GOV.UK, Bloomberg, The i Paper, SiliconANGLE, PYMNTS.com, The Guardian, BetaKit, Cointelegraph, PitchBook, LinkedIn, Reuters, The Economic Times, UKTN, CoinJournal, Cryptonews, Micky, Tech in Asia, gHacks Technology News, crypto.news, Cryptopolitan, Forbes, Crowdfund Insider, The Register, Inside Bitcoins, ComputerWeekly.com, and Bitcoinist.com
LinkedIn:
Caroline Hepker and Rishi Sunak
Tweets:
@jeremy_hunt, @cetier1, @hmtreasury, @jamestitcomb, @wublockchain, @danielkorski, @justin_cash_1, @samgyimah, @loomdart, @daniburgz, @bondhack, @benedictcooney, @richardgrahamuk, @georgewparker, @checkwarner, @michelledonelan, @mjrobbins, @ibrahimsaninet, @douglas4moray, @bandrew, @georgewparker, @nigel_farage, @suzanneashman, @lisaabramowicz1, @thetranscript_, @jespow, @mayazi, @jamestitcomb, @edconwaysky, @drsdeg, @paulbranditv, @justin_cash_1, @arashmassoudi, @nickmacpherson2, @bondhack, and @degenspartan
| Michael Moritz / Financial Times: |
A eulogy for Silicon Valley Bank, a business partner to tech for 40 years that worked with startups when bigger banks wouldn't and paid a price for 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:
Monomythical and Bloomberg
LinkedIn:
Bo Ren. Tweets:
@modestproposal1, @pkafka, @semil, @johnthornhillft, @edsuh, @jpm25, @aphclarkson, @stianwestlake, @macconwell, @flying_mom, @samirkaji, @rachaelrad, @dsquareddigest, @antoinegara, @dee_bosa, and @sarthakgh
| Michael Flaherty / Axios: |
More:
SVB Financial Group, TechCrunch, Crunchbase News, New York Times, and Reuters
Tweets:
@deitaone and @cgasparino
| The Verge: |
A Reddit user shows how Samsung's Space Zoom feature produces fake, generated images of the moon, highlighting how computational photography is changing photos — For years, Samsung “Space Zoom”-capable phones have been known for their ability to take incredibly detailed photos of the Moon.
More:
r/Android on Reddit, HotHardware, PetaPixel, Redmond Pie, 9to5Google, SlashGear, and The Register
Tweets:
@halidecamera, @fchollet, @raphaelmilliere, @sdw, @chrislintott, @somegadgetguy, @adrianhon, @halidecamera, @adrianhon, and @uwukko
| Kate Clark / The Information: |
Sources: Y Combinator will not raise another Continuity Fund, which backs late-stage startups, and the two partners who led the fund plan to leave the company — Silicon Valley startup accelerator Y Combinator won't raise another continuity fund, which backs mature private tech companies, two people familiar with the matter said.| Sarah Perez / TechCrunch: |
WordPress.com owner Automattic acquires the WordPress plugin ActivityPub and hires its developer, to help blogs integrate with the Fediverse, including Mastodon — WordPress.com sites now have an easier way to integrate with the Fediverse, including Mastodon.
Tweets:
@dimensionmedia
| STAT: |
Insurers are using unregulated predictive algorithms to pinpoint the precise moment when they can plausibly cut off payment for the treatment of older patients — An algorithm, not a doctor, predicted a rapid recovery for Frances Walter, an 85-year-old Wisconsin woman with a shattered left shoulder and an allergy to pain medicine.
Tweets:
@statnews, @michaelhoffman, @statnews, @dancow, @statnews, @manas8u, and @helenbranswell
| 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:
Cointelegraph, Decrypt, Gizmodo, Bloomberg, Cryptopolitan, crypto.news, Ethereum World News, SecurityWeek, and Cryptonews
Mastodon:
@lorenzofb@infosec.exchange. Tweets:
@eulerfinance, @peckshield, @zachxbt, @pcaversaccio, @peckshield, @degenspartan, @functi0nzer0, @crypto_mckenna, @mhonkasalo, @functi0nzer0, @0xtuba, @nomorebear, @lidofinance, @peckshield, @0xrooter, @yohangglobal, @mhonkasalo, @route2fi, and @frankresearcher
| Bloomberg: |
The end of SVB, Silvergate, the Silvergate Exchange Network, and Signature adds more stress to the crypto industry; fiat conversion costs may rise by 20% to 40% — The digital-asset market is coming off of a turbulent year featuring a number of high-profile blowups.
More:
Bloomberg, Decrypt, PYMNTS.com, CryptoPotato, Financial Times, and Coinspeaker
Tweets:
@coinbase, @twobitidiot, @tracyalloway, @timccopeland, @hsakatrades, @mayazi, @0xquit, @kamikaz_eth, @lyu_johnny, and @johnreedstark
| MacKenzie Sigalos / CNBC: |
| CNBC: |
More:
Reuters, FDIC, Department of Financial …, The Block, Gizmodo, Bloomberg, CBS News, New York Times, CoinDesk, Bitcoin News, Apricitas Economics, The Block, CoinGape, Neowin, MarketWatch, Decrypt, Cointelegraph, Coinspeaker, Inside Bitcoins, PYMNTS.com, Watcher Guru, Crypto Daily, VentureBeat, and crypto.news
Tweets:
@hfangca, @jchervinsky, @melt_dem, @josephzeballos, @twobitidiot, @thestalwart, @okcoin, @fdicgov, @davidkurten, and @tbr90
| Dina Bass / Bloomberg: |
After investing $1B in OpenAI in 2019, Microsoft found ways to string together tens of thousands of Nvidia A100 GPUs, costing several hundred million dollars — When Microsoft Corp. invested $1 billion in OpenAI in 2019, it agreed to build a massive, cutting-edge supercomputer for the artificial intelligence research startup.
More:
The Verge, Microsoft, Cloud Computing Services, BGR, Digital Trends, and Insider
Tweets:
@dinabass, @dinabass, @dinabass, @rustybrick, @brianroemmele, and @aparanjape
| CNBC: |
First Republic Bank's stock drops 61.83%, after falling 33% last week, despite claiming $70B+ in unused liquidity on March 12 and the Fed's new lending facility — - First Republic said Sunday it had received additional liquidity from the Federal Reserve and JPMorgan Chase.| 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 … Sponsor Posts
TELUS Digital:
Are you ready for the era of agentic AI? — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.
Are you ready for the era of agentic AI? — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Unveiling AI-powered updates in Zoho Sheet — In 2024, we, the Zoho Sheet team, dedicated ourselves to research and development in order to introduce new features that enhance productivity, data management, collaboration, and other functionalities.
Unveiling AI-powered updates in Zoho Sheet — In 2024, we, the Zoho Sheet team, dedicated ourselves to research and development in order to introduce new features that enhance productivity, data management, collaboration, and other functionalities.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Techmeme Ride Home:
Why COULDN'T Apple Make An iPhone In The US?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Hard Fork:
Big Tech's Tariff Chaos + A.I. 2027 + Llama Drama
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Great Chat:
The bull case for domestic manufacturing
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Decoder with Nilay Patel:
Why DOGE is killing the agency that keeps banks from ripping you off
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
OpenAI's CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 5:45 PM 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
Harshita Mary Varghese / Reuters:Elsa Keslassy / Variety:
Katcy Stephan / Variety:
Upcoming Tech Events
More News
| Kellen / Droid Life: |
More:
The Verge, Gizmodo, GSMArena.com, Android Central, ExtremeTech, XDA Developers, BGR, Liliputing, T3, Pocket-lint, Tom's Guide, and MobileSyrup