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At first glance, the Silicon Valley Bank debacle seems to be a cut-and-dried financial caper. The executives running the 16th-largest bank in the US made the wrong choices in handling what …
The Ugly Lessons of Silicon Valley Bank’s Collapse Read More
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Istanbul CNN …
A quake of unthinkable proportions is due in Istanbul. Residents ask if the city is prepared Read More
Silicon Valley Bank’s struggles started with a bad bet on long-dated US bonds. Rising interest rates meant that the value of those bonds fell. As depositors started to worry about …
Silicon Valley Bank’s Failure Deals a Blow to Europe’s Startups Read More
Photo: Justin Sullivan (Getty Images) The U.S. government swooped in on Sunday to save the tech industry from a problem of its own making, announcing that it would ensure all …
U.S. Government Saves Silicon Valley Bank, Backs All Deposits Read More
The British cities which have the best and worst drivers have been revealed in a new study. Motorists were given a ‘driver index’ based on fatal, serious and slight traffic …
British cities with best (and worst) drivers are revealed in new study… where does yours rank? Read More
At this stage, when you say “blockchain,” you get two reactions: eye-rolling and dismissal or excited fervor at the potential for quick money. But it doesn’t have to be either/or. …
What Is Blockchain? The Complete WIRED Guide Read More
That amount of crack is whack. Legendary rapper Flavor Flav — who’s real name is William Jonathan Drayton Jr. — revealed last week while appearing on the “Off the Record” podcast …
Rap icon Flavor Flav said he spent $2,600 on crack a day Read More
London CNN — The two biggest economies in South America are starting talks to create a common currency. Analysts are skeptical. Brazil’s President Luiz Inacio “Lula” da Silva and Argentina’s …
Argentina and Brazil are discussing a common currency. Don’t hold your breath Read More