Tech
SVB in the UK sold for £1: Here’s everything you need to know about the crisis so far
On 9 March, SVB bled the equivalent of $4.2bn an hour — or $1m a second
SEC investigating whether OpenAI investors were misled
Regulator is examining internal communications of CEO Sam Altman, after board last year temporarily ousted him for alleged lack of candour
3 min read
Microsoft’s partnership with OpenAI to be probed by UK regulator
Microsoft said it will work closely with the CMA to provide all the information it needs
1 min read
Microsoft scores win as competition watchdog allows revised Activision deal
Microsoft’s Activision deal has been provisionally approved. What happens next?
2 min read
Silicon Valley Bank UK sold to HSBC
Embattled lender finds buyer after weekend of talks
1 min read
Six reasons Silicon Valley Bank isn’t another 2008 crisis
If the Twitterati start spreading alarm then we could still face a banking crisis, but there are good reasons to see Silicon Valley Bank as an outlier
5 min read
Bain looks to cash in on tech rebound with fresh $2.4bn fund
The firm aims to invest the new fund in 10 to 15 technology companies
3 min read
Microsoft takes 4% stake in London Stock Exchange with cloud partnership deal
LSE says the 10-year deal with tech giant will significantly boost revenue
1 min read
Deadline extended: Excellence in Trading & Tech Awards 2023
The awards, now in their 21st year, recognise the stand-out companies and individuals in the European trading sector
1 min read
Hedge funds are jumping on the ChatGPT bandwagon — here’s what you need to know
ChatGPT crossed one million users within five days of its launch. Now hedge funds are interested.
4 min read
SoftBank dumps Alibaba shares, swinging into profit
Share sale more than offsets losses at SoftBank’s Vision funds
2 min read
Tiger Global ekes out first gain in nine months for flagship hedge fund
Tiger eked out 3.4% gain in June; hedge fund remains down 50.1% for first half of the year
Binance’s co-founder just took over its venture capital arm – here’s why it matters
Yi He played a pivotal role in setting up the world’s largest crypto exchange alongside its more public-facing chief executive Changpeng ‘CZ’ Zhao
Schroders takes stake in digital assets firm Forteus in step towards tokenised funds
London-listed Schroders has bought a minority stake in Forteus, a blockchain and digital assets focused asset manager
SoftBank mulls launch of a third Vision Fund
Despite massive losses, Japanese billionaire Masayoshi Son has tried to chart a new path for the tech investment giant
Brace for a wave of consolidation in investment technology as the bull market fizzles
Asset owners must review their technology stack and consolidate vendors given current market conditions
5 min read