Hints and tips:
...“They do not want to be left holding junior capital. The recent crisis with Silicon Valley Bank and the regional banks will make it even more of a focus for banks to be cautious.”...
...The Silicon Valley-based firm acquired a 4.1 per cent share in City Football Group from China Media Capital, taking its total holding to 14.5 per cent....
...But a sudden rise in interest rates beginning in 2022 left Tiger badly exposed to plunging valuations and holding a bloated portfolio of private investments with limited paths to exit....
...SVB Financial Group, the parent holding company of Silicon Valley Bank, filed for bankruptcy in March after SVB had been taken over by the FDIC amid a $42bn run on deposits by customers....
...The standards for allocating this special assessment among banks and holding companies were written to give broad discretion to the FDIC....
...relating to its holdings of US Treasury bonds and was closed by regulators....
...that’s holding back asset gathering. Anyway, Ark Invest remains admirably transparent about what it’s doing....
...“The effect will be much stronger than a member state calling Silicon Valley to ask for a change.” But the leaden pace at which the DMA is coming into force risks leaving Brussels behind....
...In letters to investors, the group has noted it was hit hardest by public software holdings and the inability of its hedges to damp market volatility....
...Consumers are definitely holding back on in-app purchases, versus a year ago....
...As NFT traders raced to liquidate their holdings in other collections in order to load up on ApeCoin, the prices of many other NFT projects have declined....
What brought the FBI to arrest a Chinese-American scientist in the middle of the night?
...the numbers, according to FT sources (markets have continued to fall, so DD’s best guess is that these figures have taken a further turn for the worse since they were gathered): One of the most painful holdings...
...The continent has been slow to develop tech unicorns, but can Silicon Valley’s creativity and cash spark a winning streak?...
...The wallet was created by Nod Labs who are a team based in Silicon Valley in the United States....
...Silicon Valley venture capitalists have now begun questioning whether Tiger Global has stretched its limits, as the group seeks to raise a record $10bn fund from investors....
...Silicon Valley veteran worried about Spacs Sandy Robertson isn’t exactly the retiring type....
...Freshfields Bruckhaus Deringer has hired Joseph Halloum as a partner in its Silicon Valley office. He joins from Kirkland & Ellis, where he was a partner in the San Francisco office....
...Leaders of the union effort said they had been holding secret meetings about their employer’s shortcomings for more than a year in a covert push that culminated with the announcement....
...Alphabet Workers Union spells out aimsMore than 200 Google engineers and other workers have formed a union in another sign of growing Silicon Valley activism....
...Nasdaq was fast emerging as a rival, led by a handful of Silicon Valley companies that were making rapid leaps in technology. Trading by computer was in its infancy....
...(New York Times) Private equity is watching Silicon Valley buyout group Francisco Partners has poured billions into surveillance technology companies in exchange for eye-watering returns....
...Microsoft to sell new Office without subscriptionIf, like me, you’ve been holding on to your old disc-based version of Microsoft Office because you don’t like the idea of paying for the subscription version...
...Coinbase chief’s politics ban agitatesBrian Armstrong has created a storm in Silicon Valley by banning social activism at work....
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