SVB was a hedge fund in disguise–and the banking disaster is an overreaction
The monetary world continues to grapple with the fallout from final week’s gorgeous collapse of Silicon Valley Financial institution. Nonetheless, SVB was extra like a... Read More
fund
‘It’s an enormous failure for us.’ Sweden’s largest pension fund invested in each Silicon Valley Financial institution and Signature Financial institution earlier than they failed
Sweden’s largest pension fund, Alecta, is underneath fireplace this week for investments it made into now-defunct U.S. regional banks. After the collapse of the tech-startup-focused... Read More
Reddit’s former CEO on surviving Silicon Valley’s dotcom crash—and his recommendation to these dealing with tech layoffs at this time 
Mark Zuckerberg has spent billions on A.I. however one among his prime execs simply mentioned Meta continues to be a laggard and ‘we have to make investments closely’ 
Netflix cracked down on password sharing in Spain and misplaced greater than 1 million customers this 12 months 
The navy says {that a} group of cyber troopers stopped Iranian hackers from publishing unofficial US election outcomes