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9 questions about Silicon Valley Bank’s collapse, answered

Vox

The bank is closed. Justin Sullivan/Getty Images Tech’s favorite bank just failed. If you work in tech , you had probably heard of Silicon Valley Bank before now. If you’re not familiar with this seemingly regional bank, nobody’s blaming you. Anyway, you’re here now — Silicon Valley Bank isn’t. trillion or so.

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Tech CEO moves $9B cybersecurity company’s HQ to Seattle area, says S.F. is ‘not the city it was’

GeekWire

His father David, a successful Silicon Valley entrepreneur who co-founded Tanium with Orion in 2007, joined him in Laurelhurst as well. Tanium sells its security products to some of the world’s largest banks, retailers, manufacturers and healthcare companies. Now, Hindawi is bringing the Tanium headquarters along with him.

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GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

Bank Tower recently sold for about $260 a square foot. That sale price represents a nice return for Hines, which bought One Wilshire in 2007 for $287 million from the Carlyle Group. | High Net World HNW Magazine. December 2007 (95). November 2007 (87). October 2007 (112). September 2007 (82).

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Jail Time for Russian Hacker Who Made Millions

SecureWorld News

Tyurin has been sentenced to 144 months in prison for " computer intrusion, wire fraud, bank fraud, and illegal online gambling offenses in connection with his involvement in a massive computer hacking campaign targeting U.S. Morgan Chase Bank, E*Trade, Scottrade, and the Wall Street Journal , as well as others.

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The Mac Studio is myth fulfillment

The Verge

It could still be a net win. Today’s Macs, bar the Intel-based Mac Pro, don’t have swappable banks of RAM or storage bays or card slots. That’d still cannibalize some Power Mac sales, but it’d also present an opportunity to up-sell iMac and (especially) Mac mini customers. Sixteen years is a long time,” he said. “If

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The next generation of startups is remote

The Verge

I did YC in 2007, and then again in 2012. And I am part of the safety net of my extended family — when people need money, they come to me. I thought, look, if you get a job at Facebook, that’s your safety net. It was tied into the bank that was giving you the line of credit. So at 23, I’m working at Google. I disagree.

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Some things Jeff Bezos can do with his $193 billion

The Verge

Forbes pegs his net worth around $193.2 For instance, last year, Bezos’ ex-wife, Mackenzie Scott, gave away $4 billion in four months — and her net worth is only a paltry $60 billion by comparison. Originally, it was projected to cost $1 billion and launch in 2007. His solution is increased wages and social safety net programs.

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