‘Our combined capabilities will drive the next generation of AI-enabled security and observability,’ the tech company’s Chair and CEO Chuck Robbins said in a prepared statement
Laura Morton has spent a decade photographing the tech industry in San Francisco. Her work, which explores the daily lives of young people who flock to the Bay Area with dreams of launching start-ups and become billionaires, is showcased at this year’s Visa pour l’Image photojournalism festival in Perpignan, France
The project is billed as “a chance for a new community, good paying local jobs, solar farms, and open space” in Solano, a rural county between San Francisco and Sacramento that is now home to 450,000 people
The Silicon Valley entrepreneur and computer scientist died Saturday surrounded by family, Adobe said in a statement. The company didn’t give a cause of death or say where he died
Maricopa County Superior Court Judge David Garbarino, who accepted the plea agreement, sentenced Rafaela Vasquez, 49, to three years of supervised probation
The technological giant – with almost infinite commercial and financial capacity – has made a big play in the financial services sector at a critical moment
However, experts caution the sale doesn’t by itself provide an immediate all-clear for other banks following the second- and third-largest U.S. failures in history. That will likely take more time
Leaders of the Senate’s banking committee are looking into the collapse of Silicon Valley Bank and Signature Bank and have told the ex-CEOs that they expect them to testify
A handful of red-state Democrats were instrumental in helping Republicans secure a rollback of banking regulations sought by then-President Donald Trump in 2018
The measures requested by the president include clawing back compensation and making it easier to bar failed bank executives from working in the industry
Just hours before Balwani was supposed to surrender to authorities, his lawyer filed documents notifying U.S. District Judge Edward Davila that he wouldn’t be doing so
The search for causes and culprits for the Silicon Valley Bank failure is refocusing attention on a 2018 federal law that rolled back tough bank regulations put in place after the 2008 financial crisis
Critics point to many red flags surrounding Silicon Valley Bank, including its rapid growth since the pandemic and its unusually high level of uninsured deposits
The lawsuit says some quarterly and annual financial reports from SVB didn’t fully account for warnings from the Federal Reserve about interest rate hikes
Entrepreneurs who had deposited all their startups’ money in Silicon Valley Bank are now realizing it makes more sense to spread their funds across several institutions
US authorities have asserted that deposits are guaranteed while investors keep dumping shares and central banks rethink their monetary policy following the collapse of Silicon Valley Bank and Signature Bank
What’s happening is eerily reminiscent of the financial meltdown that began with the bursting of the housing bubble 15 years ago. Yet the initial pace this time around seems even faster