At least 12 Hong Kong-listed tech and biotech firms have deposits ranging from US$400,000 to US$175.5 million at the collapsed Silicon Valley Bank, while the US lender’s office in Jardine House was empty on Monday morning.
This post was originally published on this site As the world continues to evolve with technological advancements and automation, the concept of a smart world is becoming a reality. With the advent of the Internet of Things, we can now see everything from smartphones to household appliances is now interconnected, including robotics. Malaysia has quickly […]
Signature Bank, like Silicon Valley Bank and Silvergate Capital, was counted among the most crypto-friendly financial institutions in the US
This post was originally published on this site I have been an avid mountain biker for years, but up until 2021, I never experienced how painful a biking emergency could be. But it wasn’t just the pain that I remember most. A year after the accident, I still recall the bitter frustration of being ripped […]
House of Commons bill C-18 introduced in April last year laid out rules to force platforms like Facebook and Google to negotiate commercial deals and pay news publishers for their content.
This post was originally published on this site The Vietnamese government considers healthcare to be a major priority in the national digital transformation strategy and program. This makes sense given that the “hottest” social security issue — and a top priority in developing countries in Asia like Vietnam — is always the provision of healthcare […]
Traders have been abandoning Chinese auto stocks as a price war started by Tesla and BYD spread across the whole industry, a sign of weak consumer sentiment amid pessimism about the pace of economic recovery.
Silicon Valley Bank’s bankruptcy has created a sense of panic among China’s tech start-up and venture capitalists, as the California-based lender was a bridge between US capital and Chinese entrepreneurs.
China is among Mainetti’s top three markets, contributing over 20 per cent of its global sales.
Closer ties between South Korea and Japan highlight the increased US pressure on China’s semiconductor industry.
As Hong Kong looks to set up an AI supercomputing centre, it must watch out for construction costs, define the goals of the project clearly and ensure the city has enough local talent to realise its potential.
Shanghai Pudong Development Bank, which co-founded SPD Silicon Valley Bank Co in 2012 with US lender Silicon Valley Bank, said the venture is not affected by the turmoil surrounding its American parent.