Tag: failure
SVB failure was caused by a banking — not tech — crisis, top VC says
LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according to a top...
SVB’s failure will have a ripple effect across technology for years
Silicon Valley Bank's collapse could have ramifications for the technology landscape over the coming years, analysts and investors said.Nikolas Liepins | Anadolu Agency...
Founders swarmed SVB’s branches looking for answers after bank failure
A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara,...
Silicon Valley Bank failure has investors calling for government aid
Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty ImagesBig...
New FTX CEO will testify about ‘utter failure of corporate controls’
John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022.Sarah...
Never seen such a failure of controls
Sam Bankman-Fried, co-founder and CEO of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.Lam Yik | Bloomberg | Getty ImagesNewly appointed...