Blog

More than a bailout, SVB needs a white knight, someone who can come in and take over the bank that has been at the heart of the US innovation economy (Om Malik/On my Om)

Om Malik / On my Om: More than a bailout, SVB needs a white knight, someone who can come in and take over the bank that has been at the heart of the US innovation economy  —  After three decades of being part of the Silicon Valley ecosystem — as a reporter, writer, entrepreneur, and

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Sources: Tim Cook is pressing ahead with the MR headset debut this year, overruling designers’ objections, and Apple expects to sell ~1M units in the first year (Financial Times)

Financial Times: Sources: Tim Cook is pressing ahead with the MR headset debut this year, overruling designers’ objections, and Apple expects to sell ~1M units in the first year  —  New launch will be first steered entirely by CEO and under direction of operations team  —  When Tim Cook unveils Apple’s new …

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SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act (Bloomberg)

Bloomberg: SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act  —  More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …

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Worried that cloud giants offer concentrated targets, the US plans to regulate the security practices of cloud providers like Amazon, Microsoft, and Google (John Sakellariadis/Politico)

John Sakellariadis / Politico: Worried that cloud giants offer concentrated targets, the US plans to regulate the security practices of cloud providers like Amazon, Microsoft, and Google  —  Governments and businesses have spent two decades rushing to the cloud — trusting some of their most sensitive data to tech giants …

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Electronic Bandage Speeds Wound Healing

We’re a long way from the dermal regenerators in Star Trek, but researchers at Northwestern University have made a leap forward in the convenient use of electrotherapy for wound healing. Using a ring and center “flower” electrode, this bioresorbable molybdenum device restores the natural bioelectric field across a wound to stimulate healing in diabetic ulcers.

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Sources: the FDIC is racing to sell SVB’s assets and make 30% to 50% or more of clients’ uninsured deposits available as soon as Monday (Bloomberg)

Bloomberg: Sources: the FDIC is racing to sell SVB’s assets and make 30% to 50% or more of clients’ uninsured deposits available as soon as Monday  —  US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available …

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Meta says it plans to block Canadians’ ability to view or share news content on Facebook and Instagram if the country’s proposed Online News Act becomes law (Marie Woolf/Globe and Mail)

Marie Woolf / Globe and Mail: Meta says it plans to block Canadians’ ability to view or share news content on Facebook and Instagram if the country’s proposed Online News Act becomes law  —  Tech giant Meta has decided to block Canadians’ ability to view or share news content on Facebook and Instagram …

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In an email to sellers, Etsy warns that the SVB collapse is causing delays in processing payments; one seller says it would be “catastrophic” for his business (Rob Wile/NBC News)

Rob Wile / NBC News: In an email to sellers, Etsy warns that the SVB collapse is causing delays in processing payments; one seller says it would be “catastrophic” for his business  —  Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments …

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Meta says it plans to block Canadians’ ability to view or share news content on Facebook and Instagram if the country’s proposed Online News Act becomes law (Marie Woolf/Globe and Mail)

Marie Woolf / Globe and Mail: Meta says it plans to block Canadians’ ability to view or share news content on Facebook and Instagram if the country’s proposed Online News Act becomes law  —  Tech giant Meta has decided to block Canadians’ ability to view or share news content on Facebook and Instagram …

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Meta says it plans to block Canadians’ ability to view or share news content on Facebook and Instagram if the country’s proposed Online News Act becomes law (Marie Woolf/Globe and Mail)

Marie Woolf / Globe and Mail: Meta says it plans to block Canadians’ ability to view or share news content on Facebook and Instagram if the country’s proposed Online News Act becomes law  —  Tech giant Meta has decided to block Canadians’ ability to view or share news content on Facebook and Instagram …

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An interview with Gowalla co-founder and CEO Josh Williams as he re-launches his location-based social networking app at SXSW, 14 years after its debut (Darrell Etherington/TechCrunch)

Darrell Etherington / TechCrunch: An interview with Gowalla co-founder and CEO Josh Williams as he re-launches his location-based social networking app at SXSW, 14 years after its debut  —  One of the original location-based social apps is relaunching at SXSW – 14 years after its debut  —  Gowalla co-founder and CEO Josh Williams …

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SBV collapse led to finger-pointing, as some crypto advocates preach and scold while some investors argue crypto collapses set the stage for SVB’s collapse (New York Times)

New York Times: SBV collapse led to finger-pointing, as some crypto advocates preach and scold while some investors argue crypto collapses set the stage for SVB’s collapse  —  The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.

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Sources: some hedge funds are offering to buy startups’ deposits at SVB for 60 to 80 cents on the dollar; Filing: ~96% of deposits as of Dec. 31 were uninsured (Semafor)

Semafor: Sources: some hedge funds are offering to buy startups’ deposits at SVB for 60 to 80 cents on the dollar; Filing: ~96% of deposits as of Dec. 31 were uninsured  —  Hedge funds are offering to buy startups’ deposits stranded at Silicon Valley Bank for as little as 60 cents on the dollar …

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HP is blocking third-party printer ink again

Image: Getty Images HP is preventing more customers from using third-party ink with their printers. Numerous reports scattered across Reddit, Twitter, and the HP community forum suggest that a recent printer firmware update is blocking the use of non-HP ink as part of the company’s stringent “dynamic security” policy, as first reported by Ars Technica.

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Twitter is in decline and less stable under Elon Musk, echoing LiveJournal and Tumblr falling apart under new ownership that didn’t understand their communities (Gita Jackson/The Verge)

Gita Jackson / The Verge: Twitter is in decline and less stable under Elon Musk, echoing LiveJournal and Tumblr falling apart under new ownership that didn’t understand their communities  —  Twitter is in a period of decline.  The site still functions, people are still using it, but there’s a familiar stink that lingers on the

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Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world (Thomas Seal/Bloomberg)

Thomas Seal / Bloomberg: Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world  —  The fallout from the collapse of Silicon Valley Bank is starting to spread around the world.  —  SVB’s UK unit is set …

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Brazil is seizing shipments of Flipper Zero, a $169 portable security penetration testing tool for wireless devices, due to its alleged use in criminal activity (Bill Toulas/BleepingComputer)

Bill Toulas / BleepingComputer: Brazil is seizing shipments of Flipper Zero, a $169 portable security penetration testing tool for wireless devices, due to its alleged use in criminal activity  —  The Brazilian National Telecommunications Agency is seizing incoming Flipper Zero purchases due to its alleged use in criminal activity …

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Computers for Fun

The last couple years have seen an incredible flourishing of the cyberdeck scene, and probably for about as many reasons as there are individual ’deck designs. Some people get really into the prop-making, some into scrapping old tech or reusing a particularly appealing case, and others simply into the customization possibilities. That’s awesome, and they’re

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Roblox and other companies disclose their exposure to SVB in SEC filings; Roblox says ~5% of its $3B cash and securities balance was held at SVB as of Feb. 28 (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Roblox and other companies disclose their exposure to SVB in SEC filings; Roblox says ~5% of its $3B cash and securities balance was held at SVB as of Feb. 28  —  The fallout from the collapse of Silicon Valley Bank is impacting a range of startups and larger firms including …

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How to edit ProRAW photos on your iPhone

Edit your ProRAW photo like a pro. | Illustration by Samar Haddad / The Verge Apple’s ProRAW camera feature is a powerful tool to have in your back pocket. An image taken in ProRAW mode combines the same great post-processing flexibility of a traditional RAW file with the benefits of multi-frame computational photography. Kind of

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