SVB emerged from Chapter 11 bankruptcy in November ... billion of deposits it claims the agency seized illegally. Silicon Valley Bank failed in the wake of a bank run spurred by worries about ...

A new report by Joint Venture Silicon Valley found nine local billionaires hold 15 times the wealth of the bottom half of ...

Fintech firm Mercury, which provides banking services to businesses, says it now has 200,000 customers after raising $300 ...

U.S. Senator Kirsten Gillibrand (D-N.Y.), one of the leading Democrats supporting crypto legislation, warned the industry against pushing for a “watered-down” version of the long-awaited stablecoin ...

On March 23, 2025, 23andMe, a pioneer in the field of genetic testing and consumer healthcare, announced it had filed for Chapter 11 bankruptcy in ...

The March 2023 collapse of Silicon Valley Bank shone a light on how a bank’s financial vulnerabilities, when left unaddressed, can lead to ruin. The bank, the 16th largest in the United States ...

First Citizens has been a big winner following its 2023 acquisition of the failed Silicon Valley Bank (SVB). Besides a discounted purchase price, the transaction added scale and geographic ...

Plenty Unlimited Inc., a vertical farming business that’s drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy ... cheap’ level Silicon Valley’s flying ...

Gene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate ... Big San Jose industrial complex where hundreds could work pushes ahead Silicon ...

The stock of 23andMe dropped 59% Monday after filing for federal bankruptcy protection and the exit of its CEO, a dramatic collapse for a biotech company that once dazzled Silicon Valley.