|
March 12, 2023, 12:25 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| Bloomberg: |
Sources: the FDIC is racing to sell SVB's assets and make 30% to 50% or more of clients' uninsured deposits available as soon as Monday — US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients' uninsured deposits available …
More:
The Block, Mercury News, The Hill, Insider, CNBC, and NewsBTC
Mastodon:
@lcamtuf@infosec.exchange. Tweets:
@mittromney, @carnage4life, @ellebeyoud, @davemcclure, @yoda, and @bijans
| Semafor: |
Sources: some hedge funds are offering to buy startups' deposits at SVB for 60 to 80 cents on the dollar; Filing: ~96% of deposits as of Dec. 31 were uninsured — Hedge funds are offering to buy startups' deposits stranded at Silicon Valley Bank for as little as 60 cents on the dollar …
More:
The Information, Reuters, Bitcoin News, and Bloomberg
Mastodon:
@chockenberry@mastodon.social and @DataDrivenMD@fedified.com
| Bloomberg: |
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act — More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
More:
Y Combinator Blog, TechCrunch, TechCrunch, and Insider
Tweets:
@_jeremyflores, @m2jr, @crv, @ksimm, @katie_roof, @kevinrose, @can, @paulg, @ranjanxroy, and @ronconway
| Rob Wile / NBC News: |
In an email to sellers, Etsy warns that the SVB collapse is causing delays in processing payments; one seller says it would be “catastrophic” for his business — Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments … | Bloomberg: |
Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world — The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world.| TechCrunch: |
More:
On my Om, New York Times, NPR, Livemint, Agence France-Presse, The Information, Bloomberg, Bloomberg, Matthew's Newsletter, Forbes, Mashable, Washington Post, GeekWire, What's Hot in Enterprise IT/VC, CNBC, Politico, and Washington Post
Mastodon:
@DataDrivenMD@fedified.com. Tweets:
@billackman, @sumukhsridhara, @ddisparte, @garrytan, @garrytan, @ericnewcomer, @fordm, @om, @rokhanna, @jenn_elias, @jenn_elias, @karaswisher, @garrytan, @modestproposal1, @rolfewinkler, @jasonfurman, @heidibraun, @nycsouthpaw, @lorenasgonzalez, @wolfejosh, @1markmoss, @nikitabier, @film_girl, @buccocapital, @pt, @stanleyroberts, @amir, @karaswisher, @om, @kateclarktweets, @semaforben, @karaswisher, @clarajeffery, @hblodget, @danprimack, @nils_gilman, @__aston__, @rolfewinkler, @howardlindzon, @aoc, @kateclarktweets, @silvermanjacob, @valaafshar, @s_mikhailovich, @livefromvr, @epsilontheory, @eliotwb, @martinsfp, @scott_wiener, @katie_roof, @kateclarktweets, @jsrailton, and @jsrailton
| New York Times: |
SVB's implosion leads to finger-pointing and factionalism, as crypto advocates blame centralized banking and investors argue crypto collapses led to the crisis — The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.
More:
Insider. Mastodon:
@stevetex@mastodon.social, @ncweaver@thecooltable.wtf, @guacamayan@journa.host, and @Jhorwitzz@mastodon.online
Tweets:
@moshaikhs, @berkeleylaw, @w3sobeefy, @carnage4life, @hblodget, @jossytweets, and @chasemadar
| Frank Chaparro / The Block: |
Circle says $3.3B of its ~$40B USDC reserves remain at Silicon Valley Bank and that the crypto payments firm will follow state and federal regulators' guidance — - After being largely silent on Friday, Circle said it has $3.3 billion in exposure to Silicon Valley Bank …
More:
Circle Blog, TechCrunch, The Maker Forum, Bloomberg, Decrypt, The Block, Cointelegraph, The Block, Wu Blockchain, Bitcoinist.com, CNBC, Fortune, CoinDesk, Watcher Guru, The Information, The Daily Hodl, Ethereum World News, Engadget, Bitcoin News, CryptoGlobe, Crypto Daily, Bitcoinist.com, CoinGape, and Cryptonews
Mastodon:
@jerry@infosec.exchange. Tweets:
@binance, @circle, @circle, @jerallaire, @wublockchain, @adamscochran, @kobeissiletter, @pitdesi, @allnick, @northrocklp, @mikeisaac, @wublockchain, @mariuscrypt0, @lexnfx, @ddisparte, @evgenygaevoy, @asvanevik, @unusual_whales, @michaeljordaan, @edzitron, and @cryptowendyo
| Bloomberg: |
More:
The Guardian, CoinDesk, The Block, Web3 is Going Just Great, Wall Street Journal, CryptoSlate, Wu Blockchain, Cointelegraph, PBN3's Substack, crypto.news, Ethereum World News, Watcher Guru, CoinGape, Bitcoin News, Cryptopolitan, Crowdfund Insider, Reuters, Inside Bitcoins, Cryptonews, Decrypt, NewsBTC, Decrypt, ZyCrypto, Metaverse Post, and Coinpedia Fintech News
Tweets:
@coinbase, @coinbase, @matthew_d_green, @petergyang, @simonpb, and @edzitron
| Sarah Wynn / The Block: |
More:
Bitcoinist.com, crypto.news, and Web3 is Going Just Great
Tweets:
@laurenshirsch, @justafamilyman_, @frances_coppola, and @bowtiedbull
| Gita Jackson / The Verge: |
Twitter is in decline and less stable under Elon Musk, echoing LiveJournal and Tumblr falling apart under new ownership that didn't understand their communities — Twitter is in a period of decline. The site still functions, people are still using it, but there's a familiar stink that lingers on the website.| John Sakellariadis / Politico: |
Worried that cloud giants offer concentrated targets, the US plans to regulate the security practices of cloud providers like Amazon, Microsoft, and Google — Governments and businesses have spent two decades rushing to the cloud — trusting some of their most sensitive data to tech giants …
More:
WebProNews and Slashdot
Mastodon:
@metacurity@infosec.exchange. Tweets:
@vxzulu, @swagitda_, @dangoldin, @quinnypig, @xxcurt2905xx, @alfonslopeztena, @marcwrogers, @p1z4t, @stollmeyereu, @josourcing, @ericgeller, @usrealitycheck, @politico, @politicoeurope, @incognetllc, and @johnnysaks130
| Darrell Etherington / TechCrunch: |
An interview with Gowalla co-founder and CEO Josh Williams as he re-launches his location-based social networking app at SXSW, 14 years after its debut — One of the original location-based social apps is relaunching at SXSW - 14 years after its debut — Gowalla co-founder and CEO Josh Williams …
Tweets:
@jw
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
How the FBI proved that NetWire was a Remote Access Trojan and not a legitimate remote admin tool, leading to the seizure of the website selling the malware — On Thursday, the U.S. government announced that it had seized a website used to sell malware designed to spy on computers and cellphones.| Marie Woolf / Globe and Mail: |
Meta says it plans to block Canadians' ability to view or share news content on Facebook and Instagram if the country's proposed Online News Act becomes law — Tech giant Meta has decided to block Canadians' ability to view or share news content on Facebook and Instagram …
More:
Reuters, PCMag, Techaeris, MobileSyrup, and Canadian Press
Tweets:
@yoda, @justinhendrix, @awudrick, @mgeist, @melissambarki, @kkomaitis, @robertfife, @johnwilson, @jason_kint, and @nanaslugdiva
| Matt Levine / Bloomberg: |
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality — Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
More:
Monomythical, Financial Times, Sifted, Reuters, The Information, Chartbook, Australian Financial Review, Forbes, CNN, Fortune, Apricitas Economics, The Enduring Investor, Cointelegraph, Financial Times, New York Times, Vincent's Corner, TechCabal, The Block, Stocks, Web3 and Macro, Daring Fireball, New York Post, BBC, Inc42 Media, Insider, TechSpot, Protos, The Economist, Wall Street Journal, CoinGape, and Noahpinion
Tweets:
@billackman, @altcap, @garrytan, @garrytan, @mcuban, @bobeunlimited, @mcuban, @dicktofel, @davidu, @billackman, @aoc, @nic__carter, @gaberivera, @davidsirota, @thebenbergman, @sahilkapur, @flitteronfraud, @anandwrites, @jbarro, @rauchg, @eisingerj, @jamestitcomb, @alex_kirshner, @roybahat, @northmantrader, @darrenpjones, @bobeunlimited, @matthewstoller, @thestalwart, @jhweissmann, @mattocko, @jbarro, @the_real_fly, @thestalwart, @willjfang, @matthewstoller, @karaswisher, @ditzkoff, @kyliebytes, @mattyglesias, @jessefelder, @anandwrites, @tomaxwell, @peterfenton, @jessicalessin, @fttechnews, @gilbertjasono, @paulkrugman, @flitteronfraud, @mtkonczal, @momblogger, @vinnylingham, @autismcapital, @carlquintanilla, @pkafka, @mckonomy, @trengriffin, @menlobear, @amtvmedia, @drdenagrayson, @pitdesi, @thestalwart, and @dancow
| CNBC: |
More:
Bank of England, TechCrunch, The Lever, Bloomberg, Financial Times, Insider, New York Times, Forbes, Tech Startups, The i Paper, NFT Evening, The Wrap, Washington Post, Financial Times, Follow the Trend, Coinpedia Fintech News, and CoinDesk
Tweets:
@htaneja, @davidsacks, @circle, @davidmarcus, @parkerconrad, @repswalwell, @grdecter, @roshanpatei, @lulumeservey, @bhargreaves, @unusual_whales, @davidsirota, @davidsirota, @fdicgov, @cramertracker, @thestalwart, @tier10k, @balajis, @nikitabier, @tier10k, @robblackwellab, @apatelthompson, @balajis, @mattturck, @davidsirota, @cryptadamist, @balajis, @johnedeaton1, @alistairmbarr, @davidfrum, @oneunderscore__, @buccocapital, @jeffbercovici, @eve6, @bendwalsh, @cz_binance, @zerohedge, @garrytan, @alexandrascaggs, @justinwolfers, @wallstcynic, @mollyjongfast, @shaig, @xenollamas, @thetranscript_, @ellebeyoud, @alexrkonrad, @nytimesbusiness, @sama, @watcherguru, @erikvoorhees, @unusual_whales, @brendanpedersen, @jessicalessin, @autismcapital, @jeffjohnroberts, @jsrailton, @dancow, @twobitidiot, and @danprimack
Sponsor Posts
ElevenLabs:
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Lenny's Podcast:
How Anthropic's product team moves faster than anyone else | Cat Wu (Head of Product, Claude Code)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Access:
Silicon Valley finally has its "Succession"
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
The Me, Me, Me Generation w/ Joel Stein
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Invest Like the Best:
Dylan Patel - The Infinite Demand for Tokens, Claude Mythos, and Supply Constraints
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 12:25 AM ET, March 12, 2023.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Todd Spangler / Variety:Brian Steinberg / Variety:
Wall Street Journal:
Upcoming Tech Events
More News
| James Vincent / The Verge: |
More:
Bits, Bytes, and Bots and gHacks Technology News
Tweets:
@adamsinger, @carnage4life, @marywareham, @jjvincent, and @jonlamart
Earlier Picks
| Giovanni Colantonio / Digital Trends: |
More:
Sumplete, Puzzled's Substack, and Insider
Tweets:
@carnage4life, @tomchivers, @dannyrichman, @psythor, and @marcosbl