SVB’s failure will have a ripple effect across technology ‘for years to come’
Silicon Valley Bank's collapse could have ramifications for the technology landscape over the coming years, analysts and investors said.Nikolas Liepins...
Technology
Apple supplier Foxconn expects decline in consumer electronics demand, prioritizes global growth
Employees work in a factory at the mobile phone plant of Rising Stars Mobile India Pvt., a unit of Foxconn...
Mark Zuckerberg says Meta employees who work in person ‘get more done’
Facebook Chief Executive Officer and founder, Mark Zuckerberg, leaving the Merrion Hotel in Dublin after meeting with Irish politicians to...
Samsung to spend $228 billion on the world’s largest chip facility as part of South Korea tech plan
Samsung said it will make a 300 trillion Korean won investment in a new semiconductor facility in South Korea over...
Four days of panic: How startup execs navigated SVB’s meltdown and prepared for the worst
A Silicon Valley Bank worker talks with people lining up outside of the bank office on March 13, 2023 in...
OpenAI announces smarter AI model called GPT-4, claims it does better on the SAT than 90% of test takers
Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022,...
SVB’s new CEO urges clients to ‘help us rebuild our deposit base’
A view of Silicon Valley Bank headquarters in Santa Clara, CA, after the federal government intervened upon the bankâs collapse,...
Google is bringing A.I. chat to Gmail and Docs
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019.Michael Short...
Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last year
Sundar Pichai, CEO, AlphabetLluis Gene | AFP | Getty ImagesThe job cuts in tech land are piling up, as companies...
Meta to lay off 10,000 more workers after initial cuts in November
Facebook Chairman and CEO Mark Zuckerberg testifies before the House Financial Services Committee on "An Examination of Facebook and Its...
Google is bringing AI chat to Gmail and Docs
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019.Michael Short...
GitLab loses one-third of its value after software company issues weak revenue forecast
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021.Source: NasdaqGitLab shares plunged as much as 38% in extended...
ChatGPT and generative AI are booming, but the costs can be extraordinary
OpenAI CEO Sam Altman speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, on...
SVB crisis shows Fed needs to slow down or a ‘lot more stuff is going to break,’ Altimeter’s Gerstner says
As the fallout from Silicon Valley Bank's failure continues to unfold, the Federal Reserve needs to slow down before "a...
Neuralink competitor Science launches new platform to accelerate medical device innovation
A Science employee at work in the lab.Courtesy: Science CorporationBiotechnology startup and Neuralink competitor Science on Monday launched a new...
Silver Lake and CPP Investments to acquire Qualtrics for $12.5 billion
Signage in front of Qualtrics International Inc. headquarters in Provo, Utah, U.S., on Monday, Jan. 11, 2021.George Frey | Bloomberg...
ChatGPT and Generative AI are booming, but at a very expensive price
OpenAI CEO Sam Altman speaks during a keynote address announcing ChatGPT integration for Bing at Microsoft in Redmond, Washington, on...
Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks
One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday...
Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify
A delivery person drops off pizzas at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023.Noah Berger...
U.S. government steps in and says people with funds deposited at SVB will be able to access their money
Banking regulators devised a plan Sunday to backstop depositors with money at Silicon Valley Bank, a critical step in stemming...