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Banking & Finance
UBS acquires Credit Suisse for 3 billion Swiss francs to end bank crisis
It includes 100 billion Swiss francs in financial assistance
Technology
Experts believe bank collapse signals the need for change
Something has to give
Technology
Crypto users turned to DEXs after SVB crash
Loaded up on USDC
Economy
ECB announces further rate hikes of 50 basis points
Expects headline inflation to average 5.3% in 2023
Banking & Finance
Bailout of First Republic led by major US banks
Bank's stock has dropped 70% in the last nine trading sessions
Technology
The opportunity for cryptos in the wake of the banking collapse
DeFi is the way to go
Economy
SVB’s collapse raises US recession fears to 35%
The prediction by Goldman economists jumped by 10%
Technology
ChatGPT4 is the new, improved version of its generative AI self
GPT-4 is more accurate, but it still makes things up
Banking & Finance
Is Credit Suisse too big to be saved?
A bailout from the Swiss National Bank and financial regulator is the most likely
Energy
Chinese-branded EVs will account for 50% of global EV sales by 2026
Tech giants will control 95% of new cars' operating systems by 2025
Technology
Ransomware attacks could cause $30 bn in damages in 2023
Average cost of data breaches expected to reach $5 mn in 2023
Technology
BTC hits $26,000
Loss of confidence in banking turns bitcoin into a thoroughbred
Banking & Finance
SVB repercussions: Global banking stocks suffer big losses
Despite Biden's reassurances
Banking & Finance
Burger Index raises $1.3 mn seed funding to expand into GCC
The round was led by venture capital firm Flat6Labs
Technology
A new Meta platform could rival Twitter
App may interoperate with Mastodon by supporting the ActivityPub protocol
Banking & Finance
Biden reassures Americans: Your deposits are there when you need them
Silicon Valley and Signature shareholders will lose everything."
Banking & Finance
HSBC pays 1 pound to rescue UK arm of collapsed Silicon Valley Bank (SVB)
Signature Bank closed by regulators
Technology
Enterprise Super Apps: The undeniable future of employee engagement
Mobile apps are the preferred mode of brand engagement in MENA
Banking & Finance
Silicon Valley Bank (SVB) closes in biggest banking failure since global financial crisis
Bank branches open Monday to allow customers withdraw up to $250K
Technology
What are DAOs, and how do they work?
There are currently about 4,000 DAOs in operation
Technology
Binance explains its wallet management system
Transparency without context can lead to misinterpretation
Technology
Why is climate fintech a hotspot for VCs right now?
In 2022, climate FinTech investments reached a record high of $2.9 bn
Technology
Sanctions alone aren’t enough to rein in crypto crime
But they can still cause headaches for criminals, finds Chainalysis
Technology
39% of global knowledge workers will work hybrid by 2023
Only 9% will work fully remote
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