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Hacker News
$Roku filed a Form 8-K revealing that $487M stuck at SVB (25% of cash)
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Medium
$ROKU filed an 8-K saying that of its $1.9
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Hacker News
Sell-off in US bank stocks due to concerns over solvency of Silicon Valley Bank
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Australian Financial Review
ASX tumbles 2.3pc; major banks shares fall
The S&P/ASX 200 fell 2.3 per cent to 7144.7 as a US bank sell-off sparked by concerns over the solvency of Silicon Valley Bank (SVB) spilled across local banks.
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Hacker News
SF payroll firm Rippling unable to pay out after Silicon Valley Bank collapse
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SFGATE
SF payroll firm scrambles after Silicon Valley Bank collapse
Rippling's CEO said his company will reimburse customers' employees for overdraft charges...
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Hacker News
Emergency credit line for SVB customers
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Brex
SVB Emergency line
Learn more about the Brex business account and our emergency bridge credit line announcement for SVB customers.
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Hacker News
Who Reads Your Email?
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netmeister.org
Who reads your email?
A look
at diversity of MX records across all gTLDs and the Top 1M
domains, indicating where SMTP is concentrated and
what organizations might have broad access to the
world's emails.
Hacker News
Roku says 26% of its cash reserves are stuck in Silicon Valley Bank
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CNBC
Roku says 26% of its cash reserves are stuck in Silicon Valley Bank
Around $487 million of Roku's cash reserves are stuck at Silicon Valley Bank, the streaming media company said Friday.
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Hacker News
Facebook Parent Plans New Job Cuts That Could Match Last Year’s Tally
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WSJ
WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope
Meta Platforms is planning additional job cuts in multiple rounds over the coming months that in total would be roughly the same magnitude as the 13% reduction in its workforce last year.
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Hacker News
Expect mass layoffs later today, Monday at latest
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Hacker News
What does Silicon Valley Bank’s collapse mean for the financial system?
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The Economist
What does Silicon Valley Bank’s collapse mean for the financial system?
A big lender to American startups goes under
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Hacker News
The Basics of Arm64 Assembly
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Deus In Machina
The basics of Arm64 Assembly
Just one instruction at a time!
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Hacker News
First Republic Bank files 8-K – Tech only 4% of total deposits; no sector >9%
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Hacker News
Discovering one bug after another in the UTF-8 decoding logic in OpenBSD
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Hacker News
Saving 4M books from landfill
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Hacker News
Waiting for Brando: A disastrous 1961 film production of the Iliad
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Lapham’s Quarterly
Waiting for Brando
The epic saga of a disastrous 1961 film production of the Iliad.
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Hacker News
Why Write?
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Farnam Street
The Surprising Reason Writing Remains Essential in an AI-Driven World
In a world of AI-powered writing tools, it's tempting to think human writing skills are losing their value. But this article reveals the surprising reasons why writing remains essential for clarifying your thinking, deepening your understanding, and standing…
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Hacker News
SVB Depositors, Investors Tried to Pull $42B Thursday
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Bloomberg.com
SVB Depositors, Investors Tried to Pull $42 Billion Thursday
Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing.
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Hacker News
CEO of failed Silicon Valley Bank no longer a director at SF Fed
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Reuters
CEO of failed Silicon Valley Bank no longer a director at San Francisco Fed
The chief executive officer of failed Silicon Valley Bank, Greg Becker, is no longer on the board of directors at the Federal Reserve Bank of San Francisco.
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Hacker News
Circle has $3.3B of USDC’s $40B reserves still at SVB
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X (formerly Twitter)
Circle (@circle) on X
1/ Following the confirmation at the end of today that the wires initiated on Thursday to remove balances were not yet processed, $3.3 billion of the ~$40 billion of USDC reserves remain at SVB.
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Hacker News
Wells Fargo clients report missing deposits as bank works on fix
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ThinkAdvisor
Wells Fargo Clients Report Missing Deposits as Bank Works on Fix | ThinkAdvisor
While social media posts indicated some customers were missing paychecks, the bank said accounts were secure.
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Hacker News
Coinbase suspending USDC:USD conversions over the weekend
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Hacker News
Google, Meta hired talent to do 'fake work'
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Fortune
PayPal mafia veteran Keith Rabois thinks Google hired engineers to do 'fake work'
He claims the layoffs are the result of "vanity" hiring sprees to keep talent out of the hands of competitors.
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