By Dietrich Knauth (Reuters) – The U.S. Internal Revenue Service on Tuesday sued the Federal Deposit Insurance Corporation, asking a judge to determine how much the FDIC must pay to …
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By Max A. Cherney (Reuters) – Tech conglomerate Broadcom added artificial intelligence features to a new version of one of its flagship networking chips, the company said on Thursday, aiming …
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JAMES PINKERTON: Wake Up Republicans! AI Policy Is Being Crafted By Silicon Billionaires James P. Pinkerton on October 25, 2023 If you liked “Zuck Bucks”— in which Facebook mogul Mark …
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SAN JOSE – The president of a Silicon Valley-based medical technology company was sentenced today to eight years in prison and ordered to pay $24 million in restitution for participating …
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The president of a Silicon Valley-based medical technology company was sentenced today to eight years in prison and ordered to pay $24 million in restitution for participating in a scheme …
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JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu will visit California’s Silicon Valley next week before traveling to New York for the U.N. General Assembly, his office said on Sunday. …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Artificial intelligence and quantum computing startup SandboxAQ on Tuesday said it has won a U.S. government contract for military cyber security in …
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(Reuters) – HSBC is set to announce next month that the UK arm of Silicon Valley Bank will be renamed HSBC Innovation Banking, Sky News reported on Monday. The British …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley chip startup Ayar Labs raised another $25 million after its latest funding round closed, as demand has increased for faster, …
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Silicon Valley Is Using Ukraine As A Proving Ground For Cutting-Edge Defense Tech Micaela Burrow on May 22, 2023 Tech startups are looking to Ukraine as a testing site for …
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‘Bone-Deep Down To The Marrow Stupid’: Sen. Kennedy Grills Silicon Valley Bank CEO On Collapse Jason Cohen on May 16, 2023 Republican Louisiana Sen. John Kennedy confronted former Silicon Valley …
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By Hannah Lang (Reuters) – Greg Becker, the former chief executive officer of Silicon Valley Bank, is set to appear before the U.S. Congress on Tuesday, two months after the …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round …
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By Pete Schroeder WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an outside party to further examine the events that led to …
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Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse Jason Cohen on May 5, 2023 Goldman says it is “cooperating with and providing information to various governmental bodies …
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Federal Reserve Says It Dropped The Ball In Silicon Valley Bank Failure Jason Cohen on April 28, 2023 The Federal Reserve’s banking supervisors failed to take adequate action to solve …
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(Reuters) – At the time of Silicon Valley Bank’s collapse, the number of outstanding safety and soundness warnings from Federal Reserve bank supervisors had mushroomed to three times the average …
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By Ann Saphir SAN FRANCISCO (Reuters) – A team of 20 bank examiners at the San Francisco Federal Reserve took over day-to-day supervision of Silicon Valley Bank in the second …
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First Citizens To Acquire Collapsed Silicon Valley Bank In Major Deal Jason Cohen on March 27, 2023 The Federal Deposit Insurance Corporation (FDIC) announced Sunday night that First Citizens BancShares …
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(Reuters) – California’s financial regulator said on Monday it will issue a report on a comprehensive review of its own oversight and regulation of Silicon Valley Bank by early May. …
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Silicon Valley Bank Parent Company Files For Bankruptcy Jason Cohen on March 17, 2023 SVB Financial Group, the parent company for California tech lender Silicon Valley Bank (SVB), filed for …
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JESSICA ANDERSON: Congress Killed Silicon Valley Bank Jessica Anderson on March 15, 2023 The collapse of Silicon Valley Bank (SVB) has unified Americans with a shared anger. Everyone — left, …
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KUALA LUMPUR (Reuters) – Malaysia’s government on Wednesday said the country’s banks have limited exposure to Silicon Valley Bank that collapsed last week in the United States, triggering fear of …
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(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Signature Bank, the Financial Times reported on Tuesday. Knopp said …
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Here’s How The Average American Could End Up Footing The Bill For Silicon Valley Bank’s Collapse Jason Cohen on March 13, 2023 The Biden administration stated in their Bank Term …