Silicon Valley Bank's UK unit has been sold to HSBC for $1.21

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Startup founders scrambled to get their funds out of Silicon Valley Bank after its collapse.
Startup founders scrambled to get their funds out of Silicon Valley Bank after its collapse.

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Signature Bank shut down by regulators

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A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023. REUTERS/Eduardo Munoz
A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023.

REUTERS/Eduardo Munoz

US regulators bail out Silicon Valley Bank customers

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A man stands outside Silicon Valley Bank
Silicon Valley Bank employees react to the bank's collapse

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'I don't know how this ends': Mom with 4 kids in Ohio who owns small startup says SVB mess is not just a '1% problem'

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Twitter thread SVB
Strongsuits CEO and founder Lindsey Michaelides took to Twitter to share the impact SVB's collapse has had on her, her employees, and her family.

Twitter

Billionaire investor Bill Ackman calls on the US government to consider a bailout of Silicon Valley Bank if private investors won't step up

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Ackman, Bill Ackman
Billionaire investor Bill Ackman calls on the US government to consider a bailout of Silicon Valley Bank if private investors won't step up.

Brian Snyder/Reuters

Elon Musk says it's been 'a very difficult 4 months' at Twitter, but that the company has 'a shot' at becoming cash-flow positive next quarter

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Elon Musk makes the OK sign.
Twitter CEO Elon Musk said he's optimistic about the future for the company.

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Meta's latest round of layoffs could hit as soon as this week, as the company tries to finalize headcount before Zuckerberg goes on parental leave: Bloomberg

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Mark Zuckerberg at the Paley Center For Media on October 25, 2019
Mark Zuckerberg speaks at the Paley Center For Media in 2019.

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Google's CEO touts desk-sharing, says the office can feel like a 'ghost town' with many employees in the office just 2 days a week: CNBC

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Google CEO Sundar Pichai standing at a podium.
Google CEO Sundar Pichai reminded Google employees to be mindful of spending.

Brandon Wade/Reuters

48 hours after he was crowned the world's richest person, Elon Musk loses top spot — again

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Elon Musk
Elon Musk is now the world's second-richest person, per Bloomberg.

Bill Pugliano/Getty Images

After losing billions of dollars on the metaverse, Mark Zuckerberg's launching a 'top-level' team at Meta to develop AI products for WhatsApp, Messenger, and Instagram

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Meta
After losing billions of dollars on the metaverse, Mark Zuckerberg's launching a 'top-level' team at Meta to develop AI products for WhatsApp, Messenger, and Instagram.

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