Silicon Valley – Page 4 – California Globe

Open the Books Links Gov. Gavin Newsom and Silicon Valley Bank

March 13, 2023 6:02 pmMarch 14, 2023 3:59 pm

Following the Friday Silicon Valley Bank closure, Sunday morning the Globe reported an interesting tie between Silicon Valley Bank and California’s First Partner Jennifer Siebel Newsom – John China, SVB Executive of Capital sits on the board of Jennifer Siebel Newsom’s California Partners...

SVB Depositors Made Whole by Fed

March 12, 2023 8:26 pmMarch 12, 2023 9:47 pm

Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation, the Globe reported. SVB was one of the largest banks in the country and one of the premier banks...

Silicon Valley Bank Ties to California First Partner Jennifer Newsom

March 12, 2023 10:14 amMarch 13, 2023 6:38 pm

Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation. SVB was one of the largest banks in the country and one of the premier banks of Venture Capital...

State Regulators Shut Down Silicon Valley Bank

March 10, 2023 12:46 pmMarch 10, 2023 12:46 pm

The California Department of Financial Protection and Innovation announced on Friday that the Silicon Valley Bank (SVB) would be shut down with the FDIC in charge of liquidation, officially ending one of the largest banks in the country and one...

Elon Musk, Gov. Newsom Announce Tesla’s New Engineering HQ in California

February 22, 2023 7:02 pmFebruary 22, 2023 7:02 pm

Governor Gavin Newsom and Tesla CEO Elon Musk in a joint announcement Wednesday said that Tesla would be moving their Global Engineering and AI Headquarters back to Palo Alto only 15 months after having the Headquarters officially move to Austin,...

Yahoo, Twilio Lay Off Thousands As Bay Area Tech Cutbacks Continue

February 13, 2023 12:28 pmFebruary 13, 2023 12:29 pm

Cloud Communications software maker Twilio announced on Monday that 17% of their workforce, or roughly 1,500 workers, will be laid off. The layoff, along with the 20% job cut, or almost 1,700 workers, at Yahoo announced during the weekend, became...

PayPal, NetApp Lay Off 3,000 Employees In Latest Silicon Valley Tech Cuts

February 1, 2023 12:19 pmFebruary 1, 2023 12:19 pm

Another round of layoffs at Silicon Valley tech companies happened on Tuesday, with companies such as PayPal and NetApp eliminating several thousand more positions across the Bay Area. Beginning in October of last year, tens of thousands of jobs in...