Search For "silicon"
New York's Signature Bank collapses, becomes 2nd US bank to be shut down
Updated : 3 years ago IST
New York-based Signature Bank was closed by the state regulators, becoming the second US bank after Silicon Valley Bank to have collapsed in a matter of less than a week.
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US bails out SVB depositors, says will get all their money back
Updated : 3 years ago IST
"Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer," read the statement.
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US Treasury Secretary Yellen rules out bailout for bankrupt Silicon Valley
Updated : 3 years ago IST
"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
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Electric car batteries perform better with polymer coating: Research
Updated : 3 years ago IST
A conductive polymer covering known as HOS-PFM, developed by Berkeley Lab researchers, may enable more potent, long-lasting lithium-ion batteries for electric vehicles.
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Subsidiaries of Nazara Technologies hold Rs 64 cr cash in crisis-hit Silic
Updated : 3 years ago IST
Listed mobile gaming company Nazara Technologies on Sunday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc hold cash balances worth Rs 64 crore at Silicon Valley Bank, which is currently under crisis.
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MoS Rajeev Chandrasekhar to meet Indian startups to discuss Silicon Valley
Updated : 3 years ago IST
Union minister Rajeev Chandrasekhar said he will meet Indian startups this week to understand the impact of SVB Financial's collapse on them and how the government can help during the crisis.
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SVB bankruptcy created 'major crisis' in tech industry, says Israel's PM N
Updated : 3 years ago IST
The SVB collapse has sent ripples across the tech industry in the United States, the United Kingdom and other countries, including Israel, where the tech lender has branches.
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Musk says he's open to buying Silicon Valley Bank
Updated : 3 years ago IST
His tweet came after the California Department of Financial Protection and Innovation shut down SVB on Friday, less than two days after the bank tried to persuade clients not to pull their money over concerns it was running low on available cash.
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US lender Silicon Valley Bank fails after run on deposits
Updated : 3 years ago IST
The bank's failure is the second-largest in US history, and the largest since the financial crisis of 2008, NYT said.
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US regulators shut down Silicon Valley Bank
Updated : 3 years ago IST
California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation.
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India is inspiring its neighbours by rise of its Tech CEOs in US
Updated : 3 years ago IST
Microsoft's Satya Nadella, Alphabet's Sundar Pichai, and the top bosses of IBM, Adobe, Palo Alto Networks, VMWare and Vimeo all have a common denominator. They are all of Indian origin, Bhutan Live reported. As per the statistics, there are four million minorities and among them, the Indian-
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TAC Security celebrates a decade of protecting cyberSpace
Updated : 3 years ago IST
San Francisco [US]/Mumbai (Maharashtra) [India], February 28 (ANI/NewsVoir): TAC Security, a Silicon Valley based global cyber security firm completes a decade in protecting cyberspace. During this decade the company has transformed from a service company to a global leader in protecting For
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