Silicon Valley News
Silicon Valley is a region of California famous for being a global center for high-tech companies, venture capital and social media. Silicon Valley has a business and social climate that is suitable for entrepreneurs and developers to implement their ideas. Silicon Valley has a large concentration of eager investors and highly qualified specialists that can immediately engage in a new project. A lot of future tech giants started as startups in Silicon Valley. Some famous examples of Silicon Valley companies are Apple Inc., Adobe Systems, Oracle and Netflix. The region of Silicon Valley is the largest high-tech manufacturing center in the U.S. Silicon Valley also has the third-highest GDP per capita in the world. Silicon Valley has a huge cultural influence, setting up rules for all types of businesses and being widely covered in mass media.
The $85 billion venture capital firm launched the Sequoia Crypto Fund in February 2022.
Sequoia slashes its crypto fund by 66% after industry collapses: Report
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-b...
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.
Biden to discuss dangers of AI in San Francisco meeting with experts
Michael Clements said the GAO had reviewed “large deposits from the digital asset space” in considering whether crypto had contributed to Signature’s failure.
GAO cites exposure to digital assets in exploring collapse of Signature Bank
The CEO of Gemini says things would’ve been handled differently if First Republic was a "crypto" bank.
Cameron Winklevoss blames regulatory double standards over banking crisis
Circle and BlockFi executives were questioned after the lawmakers accused Silicon Valley Bank of “coddling” and giving “white glove” treatment to its largest de...
Circle and BlockFi questioned on banking with SVB by Warren and AOC
Cointelegraph explored the United Arab Emirates to see how NFTs are used in the region.
SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21