Puzzle Corner
Some SVB customers are struggling to wire funds out of the bank
Some of Silicon Valley Bank’s customers are struggling to transfer funds out of their bank accounts, numerous sources tell TechCrunch. The seeming wave of attempted withdrawals comes after SVB announced yesterday that it lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. […]
Some SVB customers are struggling to wire funds out of the bank by Natasha Mascarenhas originally published on TechCrunch
‘Will All Americans Become Vegetarians?’ Bill Gates Weighs In on Method for Fighting Climate Change
Silicon Valley Bank shoots self in foot
It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on itself that it had to be rescued by another, even bigger bank or else risk going down in flames in a single day. We don’t […]
Silicon Valley Bank shoots self in foot by Connie Loizos originally published on TechCrunch
How the FBI proved a remote admin tool was actually malware
On Thursday, the U.S. government announced that it had seized a website used to sell malware designed to spy on computers and cellphones. The malware is called NetWire, and for years several cybersecurity companies, and at least one government agency, have written reports detailing how hackers were using the malware. While NetWire was also reportedly […]
How the FBI proved a remote admin tool was actually malware by Lorenzo Franceschi-Bicchierai originally published on TechCrunch
What Coaching Clients Need Most — and How to Meet Those Needs
Venture firms are advising portfolio companies to move money out of SVB
VCs are advising startups to generally keep no more than $250,000 in SVB checking accounts.
Venture firms are advising portfolio companies to move money out of SVB by Natasha Mascarenhas originally published on TechCrunch
Mistakes were made (and that’s fine)
Forgive the scattered nature of this week’s Actuator. No big, overarching monologs this week — just a handful of things I’ve been thinking about lately that I’d like to get down on paper. I suppose that’s one of the perks of doing a weekly newsletter— it forces you to flesh out some bigger ideas. Point […]
Mistakes were made (and that’s fine) by Brian Heater originally published on TechCrunch