Tag Archives: Silicon Valley

SVB had around 90% of its accounts with more than $250,000 in deposits, which is “higher than your typical bank Kampala, Uganda | THE INDEPENDENT | Silicon Valley Bank is now known as the biggest U.S. bank failure since 2008. Before becoming known globally for its chaotic collapse, SVB was well-regarded …

London, UK | Xinhua | HSBC, the largest bank in Europe, on Monday said it had bought the United Kingdom (UK) operations of the failed U.S. lender Silicon Valley Bank (SVB) for a single symbolic pound (1.21 U.S. dollar). The move is expected to save many British startups from huge …

Kampala, Uganda | THE INDEPENDENT | It is common for Ugandan mobile internet users to exclaim at how fast their internet bundles run out, saying the company has (eaten) stolen it! That is the common conclusion. This happens when a user fails to account for the data they have used within a …

San Francisco, United States | AFP | On October 29, 1969, professor Leonard Kleinrock and a team at the University of California at Los Angeles got a computer to “talk” to a machine in what is now known as Silicon Valley. The event gave birth to a network that later became …

San Francisco, United States | AFP | Silicon Valley, the hub of the US tech industry, is traditionally a Democratic political stronghold. But that has perhaps never more been more true than in this election year, with a presidential contest featuring a Republican nominee seen here as more interested in …