Tagged: erin platts

FDIC Closes Silicon Valley Bank to Protect Depositors

The Federal Deposit Insurance Corporation (FDIC) has decided to wind down the operations of Silicon Valley Bank (NASDAQ:SVIB), following a capital deficit and an effective run on the bank. SVB has long been a top business bank for startups based in Silicon Valley and around… Read More

Tech Sector has been a “Net Beneficiary” of Accelerated Shift to Digital Platforms in Europe due to COVID: Report

Despite the socio-economic uncertainty and other challenges created by COVID-19 in 2020, the technology sector was actually “a net beneficiary” of the accelerated shift to digital platforms and services which have become more critical than ever. This year is notably on track to set an… Read More