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March 10, 2023, 2:10 PM

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CNBC:
More: FDIC, The Department …, Net Interest, New York Times, Associated Press, CoinDesk, TechCrunch, The Verge, Wall Street Journal, BetaKit, TechCrunch, Sifted, The Economic Times, Silicon Valley Business …, Newcomer, The Block, Globe and Mail, Bloomberg, Decrypt, AltFi, PYMNTS.com, Forbes, UKTN, Axios, WRAL TechWire, Fortune, Newser, Bitcoin News, Investor's Business Daily, Crowdfund Insider, NBC Bay Area, CryptoSlate, and Financial Times
Tweets: @thestalwart, @bhargreaves, @bhargreaves, @fdicgov, @grdecter, @tier10k, @garrytan, @unusual_whales, @cramertracker, @nikitabier, @parkerconrad, @roshanpatei, @thetranscript_, @wallstcynic, @robblackwellab, @ellebeyoud, @kevinyun, @immad, @watcherguru, @johnpaczkowski, @mikebutcher, @jgreco, @cfarivar, @nickatfp, @justinwolfers, @onebandwagonfan, @justinwolfers, @justinwolfers, @scobleizer, @sarthakgh, @applehelix, @jordanschachtel, @brendanpedersen, @jamespmcleod, @acityinohio, @stevenkelly49, @bamabonds, @parkerconrad, @danprimack, @repswalwell, @lifescivc, @thebondfreak, @gunjanjs, @52kskew, @donmiami3, @byclairew, @wideofthepost, @hhorsley, @thresh, @cz_binance, @smtuffy, @bucknsf, @litcapital, @brianroemmele, @zerohedge, @jcoviedo6, @parikpatelcfa, @jasondebolt, @seawolfcap, @thetranscript_, @pinboard, @edzitron, @shaig, @eperlste, @jason, @davetroy, @adamscochran, @adamscochran, @bhargreaves, @jonwu_, @bhargreaves, @grdecter, @luke_metro, @bhargreaves, @iwriteok, @flying_mom, @functi0nzer0, @thebondfreak, @kiarichards_, @zosegal, @adamscochran, @chriscamillo, @packym, @jamesclayton5, @jenwieczner, @bhargreaves, @growing_daniel, @lopp, @shaig, @elidourado, @dkthomp, @sullycnbc, @0xc0le, @arlanwashere, @lulumeservey, @fdicgov, @chopracfpb, @oxdeadbeef_, @nickadobos, @heylizelle, @arrington, @adamscochran, @pt, @modestproposal1, @sama, @scobleizer, @msuster, @msuster, @kashhill, @cjc, @stshank, @ciovaccocapital, @jeffreyatucker, @business, @nicoleperlroth, @luke_broyles, @deepakshenoy, @hannahdlang, @caro, @schuldensuehner, @dkthomp, @lulumeservey, @karenpetrou, @balajis, @brendanpedersen, @marietjeschaake, @amitranjan, @carnage4life, @film_girl, @carnage4life, @kateclarktweets, @mvpeers, @film_girl, @californiadfpi, @dnak, @amir, @danprimack, @edzitron, @rafat, @gregorynyc, @pinboard, @startupljackson, @macconwell, @shonaghosh, @hugh_son, @kateclarktweets, @jessicalessin, @etxeba, @tier10k, @danprimack, @thestalwart, @rickasaurus, @teroterotero, @pitdesi, @bigblackjacobin, @eug_ng, @josh_young_1, @ericnewcomer, @semil, @kgreifeld, @ericnewcomer, @ow, @business, @nmasc_, @ericnewcomer, @ruima, and @kateclarktweets
Jesse Pound / CNBC:
Sources: SVB Financial, parent of Silicon Valley Bank, is in talks to sell itself after attempts to raise capital failed  —  SVB Financial , parent of Silicon Valley Bank, is in talks to sell itself, sources told CNBC's David Faber.  Attempts by the bank to raise capital have failed …
Financial Times:
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities  —  Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …
Lizette Chapman / Bloomberg:
Email: VC firm Greenoaks warned founders of potential problems at SVB in November 2022; a source says over 12 portfolio companies withdrew ~$1B in recent months  —  Venture investment firm Greenoaks Capital Partners warned its startup founders of potential problems at SVB Financial Group's Silicon Valley Bank …
Casey Newton / Platformer:
Meta is exploring a standalone decentralized social network for sharing text updates; the app, codenamed P92, will reportedly let users log in with Instagram  —  Is this the Twitter replacement we've been waiting for? … Twitter's decline is paving the way for other platforms to build next-generation replacements.
Filipe Espósito / 9to5Mac:
Kuo: Apple plans to unveil a redesigned HomePod with a built-in 7-inch display in H1 2024, enabling tighter integration with Apple's other hardware products  —  Apple this year introduced a new HomePod that looks exactly like the original model announced in 2017 and discontinued in 2021.
Arjun Kharpal / CNBC:
Bitcoin falls ~8% to ~$19,900, a near two-month low, and ether falls 8%+ to ~$1,400, after US stocks drop and Silvergate Capital and Silicon Valley Bank implode  —  - Bitcoin fell below $20,000 on Friday hitting a near-two month low after a stock market sell-off in the U.S.
CoinDesk:
New York's AG sues KuCoin, alleging the Seychelles-based crypto exchange offers tokens, such as ETH, that meet the definition of a security, without registering  —  A press release said the lawsuit was part of ongoing “efforts to crack down on unregistered cryptocurrency platforms.”
Financial Times:
Sources: after lobbying by Apple, Foxconn, and others, India's Karnataka state now allows two-shift production and 12-hour shifts, similar to practices in China  —  Lobbying in Karnataka leads to landmark legislation that anticipates iPhone production in southern state

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Featured Podcasts

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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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