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 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...
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...
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,...
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...
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...
A massive 20% layoff at San Francisco-based fashion tech company Stitch Fix on Friday capped off a rough first week for Bay Area tech companies, as thousands of more tech workers in the area continue the trend started last year...