TECHNOLOGY
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Crypto firm Circle says $3.3 billion USDC reserves to be fully available on Monday
Circle said it did not have any Stablecoin USD Coin (USDC) cash reserves at Signature Bank and that the token remained redeemable at 1:1 US...
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SVB Collapse shows the fickleness of crypto money
Yale School of Management finance professor Gary Gorton and Federal Reserve attorney Jeffery Zhang have highlighted this regulatory vacuum, and...
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SVB collapse: Silicon Valley exhales after US regulators intervene
Banking regulators said on Sunday evening that depositors at Silicon Valley Bank (SVB), which was shuttered Friday, would have access to their...
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From coding buddies to HR assistants, Indian IT firms take to Generative AI
Wipro, TCS and others start exploring use cases around ChatGPT internally and for their tech clients.
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Can the chaos from Silicon Valley Bank's fall be contained?
Prominent Silicon Valley personalities and executives have been hitting the giant red "panic" button, saying that if Washington does not come to...
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FDIC auction for failed SVB underway, final bids due Sunday
The Federal Deposit Insurance Corp. kicked off an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday...
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Apple’s new challenge: a wave of key executives leaving the company
Over a stretch that began in the second half of 2022, Apple has lost about a dozen high-ranking executives. Most of these people carried the...
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Yellen says no federal bailout for Silicon Valley Bank
Yellen, in an interview with CBS' “Face the Nation,” provided few details on the government's next steps. But she emphasized that the situation...
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UK races to minimise damage from Silicon Valley Bank collapse
More than 250 UK tech firm chief executives signed a letter addressed to Hunt on Saturday calling for government intervention, a copy seen by...
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Startups based in India should resist investor pressure to domicile outside: TV Mohandas Pai
Pai said the Reserve Bank of India should work more closely with startup ecosystem to make it easier for Indian ventures to do global business