As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead
This week I spent too many minutes watching Nothing, Forever, which is a Twitch stream that runs 24/7. Mastodon: Kate Starbird / @katestarbird@mstdn.social : Looks like Twitter is ...
Twitter ending free API access could have the unfortunate side effect of effectively killing off many useful bots like @MakeItAQuote, @BigTechAlert, and more
“I'm not paying a dime to Elon lol.” — Pranav Dixit — One of the most popular bots on Twitter is @MakeItAQuote, which has more than 565,000 followers.
Q&A with YouTube's Chief Product Officer Neal Mohan on why the company acquired NFL rights, giving creators game footage, 4K broadcasts, multiscreen, and more
YouTube won the big bidding war for NFL Sunday Ticket yesterday, beating out Apple, Amazon, and ESPN with a deal worth a reported $2 billion a year. Tweets: @jacobfeldman4 , @cjzer...
Source: Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges like conspiracy, fraud, and money laundering
Former crypto CEO's decision could expedite the criminal and civil cases against him — NASSAU, Bahamas …
On-chain data from Ethereum, Tron, and Solana: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET for ether
- Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data. — The last outgoing transaction …
Senators grilled Facebook exec Antigone Davis at a hearing about Instagram's impact on teens and were frustrated by her reticence to answer questions directly
Last night, Facebook published two annotated slide decks in an attempt to contextualize the documents that the Wall Street Journal published … Source: Senate Commerce Committee .
YouTube TV is raising its monthly rate to $65 from $50, due to “the rising cost of content”; some ViacomCBS channels are becoming available on the service today
YouTube TV is getting another price hike, making its live TV streaming service less competitive with the cable TV services it aims to replace.
Letter from Brian Chesky to Airbnb employees says the company is laying off 1,900, or ~25% of its workforce, and expects a 2020 revenue decline of 50% YoY
Airbnb is laying off a quarter of its staff. — Airbnb, seen until recently as one of Silicon Valley's most financially secure unicorns, is laying off a quarter of its staff.
MoviePass says it is shutting down and ending service for all subscribers on Saturday, September 14
As of Saturday September 14, 2019, MoviePass has moviepassed on. Sam Rutherford / Gizmodo : It's Curtains on the MoviePass Grift Brittany A. Roston / SlashGear : MoviePass will off...
MoviePass says it is shutting down and ending service for all subscribers on Saturday, September 14
KEY POINTS — The company informed subscribers that it was ending the service because its “efforts to recapitalize MoviePass have not been successful to date.”