The petition, written by Y Combinator president Garry Tan, has been signed by over 3,500 CEOs and founders. The signatories also include almost two dozen startups with a base in India.from Tech-Economic Times https://ift.tt/iXxJI3M
Y Combinator sends petition to US government; seeks relief, attention over SVB crisis
The petition, written by Y Combinator president Garry Tan, has been signed by over 3,500 CEOs and founders. The signatories also include almost two dozen startups with a base in India.from Tech-Economic Times https://ift.tt/iXxJI3M
Silicon Valley Bank collapse: top developments so far
Silicon Valley Bank (SVB) — a prominent tech-focused bank managing funds of close to about 40% of US startups — was shut down by a California regulator triggering panic within the startup ecosystem.from Tech-Economic Times https://ift.tt/Xhvm6u0
Worry for tech startups after Silicon Valley Bank failure
The company previously boasted that "nearly half" of technology and life science companies that had US funding banked with them, leading many to worry about the possible ripple effects of its collapse.from Tech-Economic Times https://ift.tt/XnG81Yg
As Silicon Valley Bank crash hits home investors, fintechs help cash-crunched Indian startups
Look to ease working capital freeze with emergency services for small, mid-stage firmsfrom Tech-Economic Times https://ift.tt/o6HciKt
Meta to end news access for Canadians if Online News Act becomes law
The "Online News Act," or House of Commons bill C-18, introduced in April last year laid out rules to force platforms like Meta and Alphabet Inc.'s Google to negotiate commercial deals and pay news publishers for their content.from Tech-Economic Times https://ift.tt/sUvIr82
How Silicon Valley Bank served the tech industry and beyond
As the world starts to assess the fallout of the biggest bank collapse since the 2008 financial crisis, here are the various ways the bank of Silicon Valley stretched its tentacles around the tech industry and beyond.from Tech-Economic Times https://ift.tt/sOXY4rH
Apple may drive jobs as India put on speed dial for manufacturing
About 1,20,000 new positions may open in FY24, mostly in manufacturing; nos may rise to at least 3,00,000 by FY26.from Tech-Economic Times https://ift.tt/XS21Vvo
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Weak macroeconomics, slowing demand, falling client addition prompting firms in technology cohort to put the brakes on hiring from Tech-Ec...
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Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the investors that bought ...
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The central bank has also directed the payment firm not to onboard new online merchant from Tech-Economic Times https://ift.tt/BTs0C5J
