Silicon Valley Bank workers were paid bonuses just hours before it collapsed, report says

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SVB
Silicon Valley Bank was shut down by regulators on Friday.

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'Robot lawyer' DoNotPay is being sued by a law firm because it 'does not have a law degree'

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DoNotPay founder Josh Browder
DoNotPay founder and CEO Joshua Browder said that the lawsuit has "no merit."

Stephen Lam

Silicon Valley Bank's collapse means startups and VCs face billions in losses

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A man stands outside Silicon Valley Bank
Silicon Valley Bank was shut down Friday by regulators.

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Hundreds of startups face a crippling cash crunch and an 'extinction-level event' if no one buys Silicon Valley Bank by Monday

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SVB HQ
Silicon Valley Bank's HQ in Santa Clara, California

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An ex-Pornhub moderator said some videos that should've been taken down were missed and 'stayed up for months'

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an illustration cover image for Netflix's Money Shot: The Pornhub Story documentary.
Netflix is releasing its Money Shot: The Pornhub Story documentary on Wednesday.

Netflix

Paul Krugman says Silicon Valley Bank could've been called the 'Schmoozing and Vibes Bank,' but it's probably not another 'Lehman moment'

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Paul Krugman
Paul Krugman said it appeared "at most like a fairly narrow sectoral crisis."

Brendan McDermid/Reuters

A tech CEO with $10 million stuck in Silicon Valley Bank says she has 'no idea what's going on'

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SVB
Police officers outside SVB's headquarters in Santa Clara, California on Friday.

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Mark Cuban called on the Federal Reserve to step in and buy Silicon Valley Bank's debt 'to end the run'

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mark cuban
Mark Cuban called for Fed action on SVB.

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Peter Thiel's Founders Fund got its cash out of Silicon Valley Bank before it was shut down, report says

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Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.
Peter Thiel was a cofounder of PayPal.

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Elon Musk says he's 'open to the idea' of buying Silicon Valley Bank, but a Tesla investor tells him 'no thanks'

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Elon Musk.
Elon Musk.

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