Assets of failed Silicon Valley Bank acquired by competitor First Citizens in FDIC-brokered deal as banking sector jitters continue
![fdic, banking, finance](https://www.silicon.co.uk/wp-content/uploads/2023/03/fdic-bank-01-120x90.jpg)
Assets of failed Silicon Valley Bank acquired by competitor First Citizens in FDIC-brokered deal as banking sector jitters continue
Amazon to close three UK warehouses this year as it plans to lay off 18,000 employees worldwide, following pandemic-era spending spree
Smartphone shipments fall steeply year-on-year within China as Covid-19 lockdowns and tensions with West take toll on economy
Japan's SoftBank sells off Uber stake, plans to cut staff at flagship Vision Fund investing arm as market turmoil leads to steep quarterly losses
It is a well-known fact that the stock markets are cyclical in nature. What goes up can (and will) come back down. This is one of the fundamental principles of trading, as investors often seek to purchase assets after a clearly bearish ...
Industry analysts expect Samsung's profits to jump 15 percent for the second quarter as strong data centre demand offsets smartphone slump
Elon Musk says still 'unresolved matters' with proposed $44bn buyout of Twitter, predicts recession in near term 'more likely than not'
JD.com reports slowest growth in at least five years for 618 shopping extravaganza, as lockdowns and slowing economic conditions hit China spending
Gloomy outlook. Elon Musk says he wants to axe 10 percent of jobs at Tesla, as he has a 'super bad' feeling about the global economy
Google sees sharp comeback in ad revenues on both search and YouTube as advertisers renew spending after pandemic slump earlier in the year
Worldwide shares show biggest drop since 2008 as supply chains are disrupted, major events are cancelled and companies cut back on business travel
The move aims to attract more entrepreneurs, following criticism of immigration restrictions from the UK's tech industry
Defra and the Department for International Trade face an 'impossible' task in preparing for Brexit
Local full-fibre projects move forward, while Hammond also indicates the government may increase taxes on tech giants such as Google and Apple
Twitter, Facebook and others must take on a 'stronger duty of care' or face tighter state controls, Sadiq Khan is to say at South by Southwest
Tech firms said they welcome the government's latest data protection plans, which could see an ongoing EU-level role for Britain's information commissioner
The company plans to hire more than 15,000 staff across Europe by the end of 2017
Job losses and changing skill requirements are two of the possible negative economic impacts
The expansion comes on the heels of Google's approval of a £1bn UK investment
Oracle's secretive handling of a shift of jobs to Eastern Europe is the beginning of a wider round of cuts, according to the company's European Works Council
The IT industry's trade body is urging the government to bring in sweeping measures to safeguard the country's digital economy
A US hiring survey, along with official statistics, both show higher employment rates for IT professionals
The study has found higher levels of optimism in areas such as pay rises and job hunting amongst employees in the US
Purchases and sales of small businesses in the US saw growth in 2013, but remained well below the level of activity before the recession
Video conferencing continues to be affected by economic uncertainty and a trend toward software-based systems
US small businesses are showing more optimism, largely due to the increased availability of credit, according to a new survey
Dell officials have laid out their plans for reinventing the company in a private buyout, arguing that Michael Dell should remain as chief executive
Semiconductor sales are being hit by slow PC sales and ongoing economic uncertainty, but Gartner expects the market to return to growth late in 2013
SPAIN: The Spanish IT industry is suffering along with the rest of the economy
The overall US unemployment rate may be declining, but small businesses have eliminated their former plans to make new hires