The Latest Breaking News from Silicon Valley

SAN JOSE — Office vacancy rates have increased in the South Bay and have ballooned to scary heights in San Francisco amid a wobbly economy punctuated by wide-ranging job cuts in the tech and biotech sectors.

It was designed to be a haven for techies and billionaires. Instead, ten years on, it’s a “9,000-foot monument to the hubris of Silicon Valley’s big ideas.”

Silicon Valley Bank’s collapse has paved the way for other banking institutions to step up and meet demand for venture debt

The collapse of Silicon Valley Bank has raised the spectre of another financial crisis. As the contagion appears to be spreading, Samuel Fishwick investigates how spooked we should be feeling

As they say, you can't make this up. In the course of just over a week, China and Russia reaffirmed their friendship and military ties, the Iranian regime proxies lashed out with rockets at US forces in neighbouring Syria, North Korea shot off a few more missiles, France was rocked…

President Joe Biden is expected to tighten regulations on banks, prompted by the biggest banking collapse since the 2008 crisis

Republican lawmakers accused top bank regulators of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference

Michael Barr, the nation’s top banking regulator, said Silicon Valley Bank was warned in the fall of 2021 that its interest rate model was not ‘aligned with reality.’

A top federal regulator called the failure of Silicon Valley Bank a "textbook case of bank mismanagement" during a Senate hearing about what led to its spectacular collapse

The collapse of Silicon Valley Bank has sounded an alarm for the entire banking sector as a VC Tech still banks there 

After 20 years of what appeared to be unstoppable growth, America’s tech industry has spent the past year underperforming the rest of the economy. Product failures in new industries like virtual reality and cryptocurrency, layoffs across the board, lower stock prices, and the failure of Silicon Valley Bank create a…