Technology

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Tech founders and execs were undeterred by the inclement weather on Friday, as they crowded the doors of Silicon Valley Bank locations across the Bay Area,

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.  Justin Sullivan | Getty Images Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Venture capitalists and technology executives are scrambling to make sense of and account for the potential repercussions of the sudden implosion of Silicon Valley Bank on Friday. The Federal Deposit Insurance Corporation, or FDIC, said Friday that U.S. federal regulators shut down Silicon Valley Bank,

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.  Justin Sullivan | Getty Images The sudden collapse of Silicon Valley Bank has thousands of tech startups wondering what happens now to their millions of dollars

Tensions between European telecommunications firms and U.S. Big Tech companies have crested, as telecom bosses mount pressure on regulators to make digital giants fork up some of the cost of building the backbone of the internet. European telcos argue that large internet firms, mainly American, have built their businesses on the back of the multi-billion

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Silicon Valley Bank has long been considered the lifeblood for tech startups, providing traditional banking services while funding projects and companies deemed too risky for traditional lenders. Billions of dollars in venture capital flow into and out of the bank’s coffers. But the 40-year-old firm’s

In this photo provided by the Contra Costa County Fire Protection District, firefighters are seen at the scene of a fatal accident involving a Tesla and Contra Costa County fire truck on Feb. 18, 2023, in Contra Costa, California. Contra Costa County Fire Protection District Federal vehicle safety regulators initiated a new, special crash investigation

In this article SI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Silvergate Capital, a central lender to the crypto industry, said on Wednesday that it’s winding down operations and liquidating its bank. The stock plunged more than 36% in after-hours trading. Silvergate has served as one of the two

U.S. Senator Mark Warner (D-VA) and other U.S. senators unveil legislation that would allow the Biden administration to “ban or prohibit” foreign technology products such as the Chinese-owned video app TikTok during a news conference on Capitol Hill in Washington, March 7, 2023. Bonnie Cash | Reuters The White House threw its support behind a

In this article NVDA MBG-DE TSLA MSFT Follow your favorite stocksCREATE FREE ACCOUNT For about a quarter century, Nvidia has been leading the revolution in computer graphics, becoming a beloved brand by gamers along the way. Nvidia dominates the market for graphics processing units (GPUs), which it entered in 1999 with the GeForce 256. Gaming

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Meta plans another round of layoffs that could affect thousands of workers, according

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Images Google CEO Sundar Pichai defended the cloud unit’s new desk-sharing policy for employees, describing some of

In this article AAPL 2498-TW Follow your favorite stocksCREATE FREE ACCOUNT Cher Wang, chairperson, co-founder and CEO of HTC, speaks at a keynote on the second day of the Mobile World Congress 2023. Joan Cros | Nurphoto | Nurphoto via Getty Images BARCELONA — The boss of consumer electronics firm HTC thinks Apple is going

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Marc Benioff of the United States, Chairman and CEO of Salesforce.com, delivers a speech at the World Economic Forum in Davos, Switzerland, on January 22, 2020. Fabrice Coffrini | AFP | Getty Images Workers at Salesforce, all the way up to co-founder and CEO Marc

In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Google Inc., speaks during the Google I/O Developers Conference in Mountain View, California, U.S., on Tuesday, May 8, 2018. David Paul Morris | Bloomberg | Getty Images Google executives are continuing to deal with the fallout from last month’s

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta will slash the prices of its Quest 2 and high-end Quest Pro headsets, the company announced Friday. The price of the 256GB Meta Quest 2 will drop from $499.99 to $429.99, while the price of the higher-end Meta Quest Pro will be slashed to

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon is pausing construction of its second headquarters, dubbed HQ2, in Virginia, the company confirmed to CNBC on Friday. John Schoettler, Amazon’s real estate head, said in a statement the company is pushing out the groundbreaking of PenPlace, the second phase of the sprawling northern

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT After more than a year in beta, Amazon opened their cashier-less grocery store to the public Stephen Brashear | Getty Images Amazon plans to close eight of its Go convenience stores, the company said Friday, a decision that coincides with a pullback in its physical

The Honor Magic Vs is on display at Honor’s stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor’s attempt to challenge Samsung in the foldable smartphone market. Arjun Kharpal | CNBC Honor CEO George Zhao has a simple philosophy — make the best products and the sales numbers for the Chinese

In this article MP ON 4AIM-IT WOLF TSLA Follow your favorite stocksCREATE FREE ACCOUNT Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | via Reuters Shares in some chipmakers dipped on Thursday after electric vehicle maker