The tech industry’s favorite bank is under threat of collapse as investors fear broader risks

[ad_1] Tech sector fallout is spilling into the banking industry, as investors gauge the odds of survival for Silicon Valley Bank, a major startup lender. Trading of the bank’s shares…

SiriusXM cuts 8% of its workforce as part of a broader reorganization

[ad_1] Sirius XM is the latest media company to announce a round of layoffs The car radio subscription company, known for its commercial-free music and talk radio channels, said Monday…

WSJ News Exclusive | Meta Targets Teen Users in Broader Horizon Metaverse App Revamp

[ad_1] WSJ News Exclusive Tech Memo highlights social-media giant’s plan to revitalize app, boost users in 2023 [ad_2] Source link

Bitcoin briefly rises above $24,000, extending its new year rally amid a broader gain in tech stocks

[ad_1] Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images…

IBM to Cut 3,900 Jobs Amid Broader Tech Slowdown

[ad_1] The information-technology company says the cuts stem from its Kyndryl spinoff and healthcare divestiture [ad_2] Source link

Stitch Fix’s Unraveling Should Sow Broader Tech Doubts

[ad_1] The company’s struggle to evolve is a bad sign for a sector that is desperately seeking reinvention. [ad_2] Source link

WSJ News Exclusive | McDonald’s to Make Staff Changes by April as Part of Broader Revamp

[ad_1] The plan comes as the company said it would expand its business globally, including through new and more types of restaurants. [ad_2] Source link