Etiket: Silicon
US rules out bailout for Silicon Valley Bank
The authorities are looking for a buyer for the bankrupt financial institution and the Bank of London assures that it has made an offer as part of the consortium The…
Troubles Silicon Valley Bank: Clients Tried to Sneak $42 Billion | Abroad
Investors and depositors tried to withdraw $42 billion from the collapsed US Silicon Valley Bank on Thursday alone. The American Silicon Valley Bank (SVB) – mainly active as a banker…
Silicon Valley Bank bankruptcy hits companies and crypto world | Money
The sudden fall of the American bank Silicon Valley Bank (SVB) on Friday has major consequences for companies. But the crypto world has also been affected. Although the US government…
America’s Silicon Valley Bank worded by authority
The financial backing of the Silicon Valley Bank (SVB) is being closed by the Californian authorities because nothing has been gained with the money that is being held with the…
Shenzhen, China’s Silicon Valley, plans to double chip production by 2025
The Shenzhen Development and Reform Commission and other local authorities on Monday (June 6th) jointly unveiled a plan to develop the metropolis’s semiconductor industry, reports the South China Morning Post.…
Silicon Valley: the party is over
After the pandemic boom, Silicon Valley companies are going through a new, much less glorious era. After several years at sky-high valuations, Silicon Valley start-ups are in their worst crisis…
Silicon Valley cuts ties with Russia
As Vladimir Putin continues the invasion of Ukraine, CNBC reports that major American technology companies have decided to cut the economic ties that united them with Russia. Measures taken in…