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www.bloomberg.com
CIA Deputy Director David Cohen calls for the private sector to “supercharge” the agency's work in quantum computing, biotech, wireless, chips, and battery tech
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www.bloomberg.com
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2023-3-15
Biotech
Battery
Quantum
Sources: TikTok's leadership is considering the option of divesting itself from ByteDance as a last resort if its existing proposal with CFIUS is rejected
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www.bloomberg.com
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2023-3-15
Sources: Apple delays employee bonuses for some teams as it moves to once-a-year payouts, expands its hiring slowdown, keeps more positions open, curbs travel
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www.bloomberg.com
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2023-3-15
Apple
Anthropic, co-founded by ex-OpenAI employees, debuts Claude, a ChatGPT rival it says is less likely to produce harmful outputs; organizations can request access
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www.bloomberg.com
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2023-3-15
US Shouldn't Have Bailed Out SVB Depositors, Say Investors Like Ken Griffin and Carson Block
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www.bloomberg.com
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2023-3-15
One of the world's biggest makers of insulin said it would cut US prices for several of its products by up to 75%
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www.bloomberg.com
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2023-3-15
UK bank NatWest places a £1,000 daily and £5,000 monthly limit on transfers to crypto exchanges, citing scams, after similar moves by Lloyds and HSBC
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www.bloomberg.com
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2023-3-15
HSBC
Binance suspends UK deposit and withdrawal services via bank transfers and card payments after its local banking partner Paysafe stopped providing support
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www.bloomberg.com
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2023-3-14
Credit Suisse Finds ‘Material' Control Lapses After SEC Prompt
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www.bloomberg.com
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2023-3-14
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2023 over the collapse of TerraUSD
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www.bloomberg.com
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2023-3-14
Too-Big-to-Fail Lenders Rake In Deposits After Three Banks Fail
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www.bloomberg.com
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2023-3-14
Three Years After Covid Hit, Restaurants Are Still Desperate for Workers — More than 60% of establishments said in a recent survey that they're understaffed.
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www.bloomberg.com
)
2023-3-14
Sources: Chinese autonomous driving startup WeRide has filed confidentially for a US IPO and aims to raise $500M; WeRide was valued at ~$4.4B in March 2022
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www.bloomberg.com
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2023-3-14
China
IPO
Startup
US Backstops Bank Deposits to Avert Crisis After SVB Collapse
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www.bloomberg.com
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2023-3-14
After Microsoft invested $1B in OpenAI in 2019, the company scrambled to string together tens of thousands of Nvidia A100 GPUs, costing several hundred million
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www.bloomberg.com
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2023-3-14
Microsoft
Nvidia
Pfizer to Purchase Cancer Drugmaker Seagen for $43 Billion
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www.bloomberg.com
)
2023-3-13
Goldman Scraps March Rate Hike Call as Traders Unwind Fed Bets
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www.bloomberg.com
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2023-3-13
Goldman
The closure of SVB, Silvergate, Silvergate Exchange Network, and Signature adds stress to a troubled crypto industry; fiat conversion costs may rise by 20%-40%
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www.bloomberg.com
)
2023-3-13
State media: China appoints Zhang Xin to lead its state-backed chip investment fund, known as the Big Fund, seeking to counter US-led sanctions on its industry
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www.bloomberg.com
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2023-3-13
China
US vows to backstop all SVB depositors
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www.bloomberg.com
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2023-3-13
Signature Bank Closed by New York State Regulators, US Says
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www.bloomberg.com
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2023-3-13
New York
Apple's New Challenge: A Wave of Key Executives Leaving the Company
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www.bloomberg.com
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2023-3-13
Apple
Sources: the FDIC started an auction late Saturday for SVB and final bids will be due by Sunday afternoon; it's possible that no deal will be reached
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www.bloomberg.com
)
2023-3-13
A look at the unusually high executive turnover at Apple, which has lost 11 key people just below the Senior VP level, since the second half of 2022
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www.bloomberg.com
)
2023-3-13
Apple
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act
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www.bloomberg.com
)
2023-3-12
Y Combinator
US Discusses Fund to Backstop Deposits If More Banks Fail
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www.bloomberg.com
)
2023-3-12
Sources: the FDIC is racing to sell SVB's assets and make 30% to 50% or more of clients' uninsured deposits available as soon as Monday
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www.bloomberg.com
)
2023-3-12
Asset
Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world
(
www.bloomberg.com
)
2023-3-12
China
Germany
India
Israel
Startup
Canada
US Envoy Calls on Hungary's Orban to Pivot from Russia ‘Now' | Orban said Hungary needs to ‘think hard' about its Russia ties
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www.bloomberg.com
)
2023-3-12
Russia
SVB CEO Sold $3.6 Million in Stock Days Before Bank's Failure
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www.bloomberg.com
)
2023-3-12
Stock
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