tech:

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Facebook ‘knew what it was doing,’ former Google CEO Eric Schmidt says — Time

Facebook’s conduct revealed in leaked documents is “pretty concerning,” said former Google CEO Eric Schmidt, according to a report by Emily Chang.

Here is the link: https://time.com/6114178/facebook-eric-schmidt/

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Signature Bank seizure creates obstacles for crypto industry while promoting ‘unbanked’ innovations — TC

Crypto market players expressed unease on Monday following the...

U.S. government steps in and says people with funds deposited at SVB will be able to access their money — CNBC

Banking regulators devised a plan Sunday to backstop depositors...

HSBC buys SVB’s UK business, ending ‘nightmare’ for British tech — CNN

HSBC has scooped up the UK arm of failed...

Romania PM unveils AI ‘adviser’ to tell him what people think in real time — The Guardian

Romania’s prime minister has presented his “new honorary adviser”...

Silicon Valley Bank collapses after failing to raise capital — CNN

Silicon Valley Bank collapsed Friday morning after a stunning...