TECHNOLOGY
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Crypto group DCG looking for new partners following SVB collapse
Crypto conglomerate Digital Currency Group (DCG) is looking to find new banking partners for portfolio companies following the collapse of...
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Y Combinator to shut late-stage investment fund, lay off employees
The startup accelerator’s president Garry Tan informed that the shutting down of Y Combinator’s Continuity Fund would lead to laying off of 17...
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Canada's tech startups face financing hurdles with SVB collapse
SVB's Canadian division, which received a license to operate in 2019, competed against other banks and private lenders to help finance the...
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Etsy, other ecommerce companies feel squeeze of SVB collapse
Approximately 0.5% of Etsy's active sellers - or around 2,700 merchants - had their payments delayed on Friday after SVB's collapse, according...
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Silicon Valley Bank parent, CEO, CFO are sued by shareholders for fraud
It appeared to be the first of many likely lawsuits over the demise of Silicon Valley Bank, which US regulators seized on March 10 following a...
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CII bats for domestic financial ecosystem to support startups
According to reports, at least 40 YC-backed Indian startups have $2,50,000 to $1 million in deposits with SVB while more than 20 of them have...
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US NRC accepts Monticello subsequent licence renewal application
The US Nuclear Regulatory Commission has accepted for review Northern States Power Company-Minnesota's application for subsequent licence...
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Animeta onboards its first set of creators
The company, which is aiming to bring about a ‘studio model’ in the creator economy business, has onboarded many creators whose total monthly...