Technology

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Venture capitalists and technology executives are scrambling to make sense of and account for the potential repercussions of the sudden implosion of Silicon Valley Bank on Friday. The Federal Deposit Insurance Corporation, or FDIC, said Friday that U.S. federal regulators shut down Silicon Valley Bank,
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Tensions between European telecommunications firms and U.S. Big Tech companies have crested, as telecom bosses mount pressure on regulators to make digital giants fork up some of the cost of building the backbone of the internet. European telcos argue that large internet firms, mainly American, have built their businesses on the back of the multi-billion
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In this article TEAM Follow your favorite stocksCREATE FREE ACCOUNT Michael Cannon-Brookes, co-CEO, Atlassian Scott Mlyn | CNBC Business-software maker Atlassian said Monday that it will lay off 500 employees, or around 5% of its workforce. Atlassian shares were up 1% in extended trading following the announcement. The technology industry has been contracting slightly in
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