Silicon Valley Bank Depositor Bailout Could Benefit Chinese Tech Companies Katelynn Richardson on March 13, 2023 The promised government bailout of Silicon Valley Bank (SVB) depositors could benefit Chinese tech …
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STEVE HANKE And CALEB HOFMANN: Banks Have Now Become Gov’t-Backed Businesses — Just Look At Silicon Valley Bank Steve Hanke And Caleb Hofmann on March 13, 2023 Nobelist and high …
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Silicon Valley Bank Hit With Lawsuit For Failing To Disclose Risks To Shareholders Katelynn Richardson on March 13, 2023 A Silicon Valley Bank (SVB) shareholder filed a class-action lawsuit against …
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By Martin Coulter (Reuters) – Not long after California startups started pulling money out of troubled Silicon Valley Bank, entrepreneurs in other parts of the world woke up to the …
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‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse Mary Lou Masters on March 13, 2023 The collapse of Silicon Valley Bank (SVB) has sparked …
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WASHINGTON (Reuters) – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting …
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WASHINGTON (Reuters) – Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday. “Depositors will have access to all of their money …
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WASHINGTON (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the White House …
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(Reuters) – U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse of SVB Financial Group, Coindesk reported on Saturday citing a …
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(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit ratings on Silicon Valley Bank’s …
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(Reuters) – Residential solar companies Sunrun Inc and Sunnova Energy on Friday disclosed their exposure to SVB Financial Group, which has been closed down by California banking regulators. Sunrun stated …
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By Rene Wagner and Jan Schwartz BERLIN (Reuters) – Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking …
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MICHAEL BARONE: Are Silicon Valley’s Most Notorious Fraudsters Today’s Robber Barons? Michael Barone on December 29, 2022 Will Silicon Valley go down in history the way of the robber barons? …
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(Reuters) – Silicon Valley leaders welcomed Elon Musk’s management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire “the bravest, most creative person on …
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By Jane Lanhee Lee OAKLAND, Calif(Reuters) – Silicon Valley startup Cerebras Systems, known in the industry for its dinner plate-sized chip made for artificial intelligence work, on Monday unveiled its …
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TAIPEI (Reuters) – Taiwan’s economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California’s Silicon Valley, …
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BERLIN – Mercedes-Benz will incorporate a new, highly energy-dense battery in its upcoming electric G-Class from 2025, it said on Tuesday, a solution to the problem of how to power …