thefederaldepositinsurancecorporation

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People Put Nearly $1 Billion Into Apple Savings Accounts in First 4 Days

May 1, 2023

Kyle Barr

Apple has learned from enough games of Monopoly that it’s good to be the banker as well as a player. A Monday report from Forbes based on anonymous internal sources claims users deposited close to $1 billion in just four days after Apple introduced its…
Read more: People Put Nearly $1 Billion Into Apple Savings Accounts in First 4 Days
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Silicon Valley Bank Rises From Dead With First Citizens Acquisition

March 27, 2023

Mack DeGeurin

Silicon Valley Bank, once triumphantly dubbed the “financial partner of the innovation economy,” before its recent historic collapse, is being acquired by First Citizens, a legacy banking institution founded in 1898. The new deal will see First Citizen…
Read more: Silicon Valley Bank Rises From Dead With First Citizens Acquisition
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Ex-Silicon Valley Bank Employees Are Selling Company Swag on eBay

March 13, 2023

Nikki Main

President Joe Biden is striving to reassure Silicon Valley companies that their money is secured after the Silicon Valley Bank (SVB) crashed last week. The president said at a White House press conference those with money at SVB would have access to it…
Read more: Ex-Silicon Valley Bank Employees Are Selling Company Swag on eBay

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Category: thefederaldepositinsurancecorporation

People Put Nearly $1 Billion Into Apple Savings Accounts in First 4 Days

Silicon Valley Bank Rises From Dead With First Citizens Acquisition

Ex-Silicon Valley Bank Employees Are Selling Company Swag on eBay

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TWiT 1006: Underwater Alien Civilizations – Bluesky Growth, Tyson Vs. Paul, AI Granny – This Week in Tech (Audio)