|
March 13, 2023, 3:40 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| U.S. Department of the Treasury: |
The US Treasury, Federal Reserve, and the FDIC: all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13 — WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
More:
Board of Governors …, Wall Street Journal, Circle, CNBC, Bloomberg, CNN, Reuters, Reuters, Engadget, NBC News, Cointelegraph, Metaverse Post, Axios, Livemint, Coinpedia Fintech News, The Hill, PYMNTS.com, Watcher Guru, Decrypt, CryptoSlate, Forkast, MarketWatch, Noahpinion, Today's Edition Newsletter, DataBreachToday.com, SiliconANGLE, Fortune, HN Digest, Crowdfund Insider, The Register, CoinJournal, All Facts Matter, SlashGear, Politico, Variety, CryptoGlobe, Tech Startups, DealStreetAsia, Bitcoinist.com, Insider, The Verge, Smoke Signal, Bitcoin News, CryptoPotato, CoinDesk, The Global Macro Trader, Cryptopolitan, San Francisco Business Journal, Crunchbase News, iTnews, TechCrunch, Deadline, Finbold, Slashdot, socaltech.com, and Unusual Whales
Mastodon:
@alex@cybervillains.com and @DataDrivenMD@fedified.com
Tweets:
@jerallaire, @potus, @potus, @nicktimiraos, @vcbrags, @jason, @neil_irwin, @bobeunlimited, @federalreserve, @zck, @chrisjbakke, @thestalwart, @karaswisher, @deanobeidallah, @levie, @reprokhanna, @levie, @paulmitchell_ab, @martinsfp, @jacobtamme, @lizrhoffman, @ericnewcomer, @eugenewei, @chrisalbon, @mgsiegler, @callumj, @ljxie, @tculpan, @silvermanjacob, @amlivemon, @karaswisher, @repsarajacobs, @axios, @garrytan, @ericnewcomer, @anthony, @jeffreyatucker, @georgegammon, @petercontibrown, @ericnode, @carnage4life, @kevinrose, @ericnewcomer, and @mhelft
| Bloomberg: |
SVB draws support from 500+ VCs, including General Catalyst and Sequoia, while 5,000+ founders and CEOs sign a Y Combinator petition asking 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:
Bloomberg, Financial Times, Y Combinator Blog, Financial Times, Financial Times, Loic's Newsletter & Podcast, TechCrunch, Pandaily, TechCrunch, Fortune, Cryptonews, Livemint, The Economic Times, Cointelegraph, Reuters, and Arthuriana
Tweets:
@htaneja, @paulg, @garrytan, @micsolana, @garrytan, @reprokhanna, @davidsacks, @grdecter, @jeiting, @nicoleperlroth, @edsuh, @ryangrim, @sarthakgh, @marxgasol, @alex, @erikvoorhees, @joshsteinvc, @spignal, @aphclarkson, @photomatt, @pt, @tomcoates, @quinneyeq, @cloud_opinion, @jeffnolan, @antoinegara, @bigblackjacobin, @tolstoybb, @peterkolchinsky, @twobitidiot, @jefielding, @amuse, @bradsilverberg, @charlesarthur, @deitaone, @mattocko, @teroterotero, @davidgerard, @quinneyeq, @ryangrim, @mansourtarek_, @tfadell, @_jeremyflores, @m2jr, @crv, @ksimm, @katie_roof, @kevinrose, @can, @paulg, @ranjanxroy, and @ronconway
| Iain Withers / Reuters: |
HSBC says it is acquiring Silicon Valley Bank UK for £1; as of March 10, SVB UK had loans of ~£5.5B and deposits of ~£6.7B — HSBC (HSBA.L) said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound. — “This acquisition makes excellent strategic sense …
More:
Financial Times, London Stock Exchange plc, BBC, CoinDesk, City A.M., CNN, Dow Jones Newswires, ABC News, CNBC, Bloomberg, and The Guardian
| Rachel Louise Ensign / Wall Street Journal: |
First Republic Bank says it has shored up its finances with additional funding from the US Fed and JPMorgan Chase, giving the bank $70B in unused liquidity — Fresh funding gives the bank $70 billion in unused liquidity — First Republic Bank FRC -14.84%decrease; red down pointing triangle …
More:
Bloomberg, Insider, and The Information
Tweets:
@josephruscio, @duncanriley, @ryankalt, @firstrepublic, and @samirkaji
| 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.
More:
Financial Times, Entrackr, BBC, Sky News, Reuters, City A.M., Cooley, gHacks Technology News, Cointelegraph, Rami's Readings, PYMNTS.com, Embrace The Chaos, TechCrunch, Livemint, UKTN, TechCrunch, Wall Street Journal, Cryptopolitan, Crowdfund Insider, Australian Financial Review, Finance Substack, Agence France-Presse, and Australian Financial Review
Tweets:
@lcmichaelides, @torrenegra, @kprescott, @samirkaji, @mukund, @mairal, @secretcfo, @smtuffy, @matress_island, @hamasakilaw, @thetomzone, @kimmasters, @vermontgmg, @flateartherkitt, @taylorlorenz, @silvermanjacob, @mikebutcher, @pauljudge, @vcdgf555, @aaronklein, @alexwickham, @joshmedia, @gramblings, @benparr, @moving_charlie, @matthfield, @lynnmdoan, @mikegatto, @israelipm, @anothercohen, @tw_seal, @cornelialake, and @tw_seal
| CNBC: |
New York shuts down Signature Bank as US regulators cite a “systemic risk exception” like for SVB, announcing all of Signature's depositors will be “made whole” — U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution …
More:
Department of Financial …, New York Times, Washington Post, Wall Street Journal, Reuters, The Block, CBS News, The Guardian, Financial Times, Watcher Guru, TrackRecord Daily, Money Guide, Insider, Quartz, Fortune, Bloomberg, Decrypt, PYMNTS.com, GeekWire, The Korea Herald, SHERLOC Exposes, and CryptoPotato
Mastodon:
@davidgerard@circumstances.run and @heidilifeldman@mastodon …
| MacKenzie Sigalos / CNBC: |
Signature's closure means real-time payment platform Signet is no longer serving crypto clients, following Silvergate's SEN; BTC is up ~7% and USDC regains peg — - Silvergate and Signature were the two main banks for crypto companies, while Silicon Valley Bank had a lot of crypto startups and VCs as customers.
More:
South China Morning Post, Cointelegraph, Watcher Guru, CoinGape, Web3 is Going Just Great, Livemint, SiliconANGLE, The Information, and The Block
Tweets:
@amacker, @laurawalkerkc, @jimpethokoukis, and @kenziesigalos
| Frank Chaparro / The Block: |
| Bloomberg: |
More:
The Block, Cointelegraph, Decrypt, The Guardian, CryptoPotato, Cryptopolitan, Forkast, CoinDesk, Inside Bitcoins, ZyCrypto, Unbank Space, Cryptonews, Wall Street Journal, Wu Blockchain, Watcher Guru, Ethereum World News, Bitcoin News, and CoinGape
Tweets:
@cz_binance, @coinbase, @milesdeutscher, @rewkang, @viktorbunin, @coinbase, @matthew_d_green, @petergyang, and @simonpb
| New York Times: |
More:
Cryptopolitan, TechCrunch, and Insider
Mastodon:
@Jhorwitzz@mastodon.online and @stevetex@mastodon.social
Tweets:
@smdiehl, @moshaikhs, @chasemadar, @berkeleylaw, @carnage4life, @w3sobeefy, @hblodget, and @jossytweets
| Financial Times: |
Sources: Tim Cook has pressed ahead with an MR headset debut in 2023, overruling Apple designers who wanted to wait until the tech catches up with their vision — New launch will be first steered entirely by CEO and under direction of operations team — When Tim Cook unveils Apple's new …
More:
MacRumors, 9to5Mac, Cult of Mac, PhoneArena, iClarified, iPhone in Canada Blog, BigTechWire, MIXED Reality News, AppleInsider, Wccftech, Patently Apple, and iThinkDifferent
Tweets:
@andrewjscott, @jetscott, @leakerapple, @markgurman, and @binocularity
| Simon Willison / Simon Willison's Weblog: |
A developer runs Meta's 13B LLaMA model, considered to be competitive with GPT-3, on his laptop, showing local language models are feasible on consumer hardware — The open release of the Stable Diffusion image generation model back in August 2022 was a key moment.
More:
GOOD INTERNET, Simon Willison: TIL, and Advantageous Insights
Mastodon:
@simon@fedi.simonwillison.net. Tweets:
@miolini, @simonw, @simonw, @emostaque, @jposhaughnessy, @dalmaer, @scobleizer, @mascobot, @sgourley, @alexgraveley, @simonw, @sandeshrajx, @rachel_l_woods, @simonw, and @d_feldman
| Mark Gurman / Bloomberg: |
A look at the unprecedented level of executive turnover at Apple, which lost 11 key people, most just below Senior Vice President, since the second half of 2022 — Apple is facing an unprecedented wave of executive departures. Also: The company will shake up its sales operations with a focus on India … | Tate Ryan-Mosley / MIT Technology Review: |
Q&A with Meredith Broussard, a leading researcher of algorithmic bias, on her book More than a Glitch, which looks at the harms of applying AI to social issues — Meredith Broussard argues that the application of AI to deep-rooted social problems is already producing disastrous results.
Tweets:
@seoscottsdale
| John Sakellariadis / Politico: |
Worried that cloud giants offer concentrated hacking targets, the US plans to regulate the security practices of Amazon, Microsoft, Google, Oracle, and others — Governments and businesses have spent two decades rushing to the cloud — trusting some of their most sensitive data to tech giants … | Rob Wile / NBC News: |
Etsy warns sellers that SVB's collapse is causing payment processing delays and hopes to pay them via its other partners “within the next several business days” — Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments … | Sarah Perez / TechCrunch: |
More:
Reuters and Michael Kuenne
Tweets:
@carnage4life, @repswalwell, @frances_coppola, @ericjackson, @noahpinion, and @alistairmbarr
Sponsor Posts
Airtable:
Deep analysis for deep questions — Introducing Superagent. A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Deep analysis for deep questions — Introducing Superagent. A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Clay:
Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Zoho:
Your next great hire is just a tap away — You're traveling for a recruitment conference and forgot your work laptop. You still have to review a C-suite candidate's salary requirements, filter the best candidates …
Your next great hire is just a tap away — You're traveling for a recruitment conference and forgot your work laptop. You still have to review a C-suite candidate's salary requirements, filter the best candidates …
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 Closes in on $100 Billion, OpenClaw Acquired, AI's Productivity Question — With Aaron Levie
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.
Hard Fork:
The Pentagon vs. Anthropic + An A.I. Agent Slandered Me + Hot Mess Express
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Upstarts Podcast:
Loyal's Celine Halioua: From Defying Doubters To Pioneering Dog Longevity
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Access:
Notion CEO Ivan Zhao on if AI is really killing software companies
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Head of Claude Code: What happens after coding is solved | Boris Cherny
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.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
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 3:40 AM ET, March 13, 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
New York Times:Alex Weprin / The Hollywood Reporter:
Ted Johnson / Deadline:
Upcoming Tech Events
More News
| Marie Woolf / Globe and Mail: |
More:
iPhone in Canada Blog, Michael Geist, Pixel Envy, Reuters, and PCMag
Earlier Picks
| James Vincent / The Verge: |
More:
Bits, Bytes, and Bots. Tweets:
@wolfiechristl, @ckstechnews, @wolfiechristl, @adamsinger, @carnage4life, and @marywareham
| Lorenzo Franceschi-Bicchierai / TechCrunch: |