Posts by Athomebiz

Earlier this week, Microsoft announced 10,000 more layoffs across the company. Among the employees affected were the company’s entire ethics and society team in the artificial intelligence (AI) sector. The team was responsible for assessing the potential risks and harm posed by AI and then discussing those issues during product development. The team was largest…

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California regulator closes SVB, appoints FDIC as receiver SVB focused on lending to start-ups; branches to reopen Monday FDIC to sell bank assets; ‘chaos’ reported amid withdrawals Bank shares fall in U.S., Europe, but well off lows Crisis exposes banking ‘vulnerabilities’ amid rising rates March 10 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) became…

What can your side hustle make free? That’s what The Side Hustle Snowball framework tries to answer. The idea behind this framework is to slowly erase or eliminate monthly expenses — starting with your smallest expenses and working your way up — with new income streams. Most of the income streams I’ll share in this…

British tech firms face a “serious risk” over the collapse of the UK arm of Silicon Valley Bank, the chancellor has warned, but said the government was “working at pace” to limit the damage. Speaking to Sky News’ Sophy Ridge On Sunday programme, Jeremy Hunt said the government and the Bank of England were “absolutely…

Silicon Valley Bank, one of the leading lenders to the tech sector, was shut down by regulators Friday over concerns about its solvency. The move caused a wider sell-off in stocks and sparked fears that other banks may be at risk of failure. Here’s how the crisis unfolded and what it means for thetech and…