Silicon Valley Bank collapses in biggest American bank failure since 2008 financial crisis

Silicon Valley Bank failed on Friday after a massive run on deposits, putting almost $175 billion, including money from some of the biggest tech companies, under the control of the FDIC (Federal Deposit Insurance Corporation). The bank had been a significant venture capital funding source for technology companies, the New... Read Entire Article
https://www.techspot.com/news/97897-silicon-valley-bank-collapses-biggest-american-bank-failure.html?utm_source=dlvr.it&utm_medium=blogger

Mobile app spending approached $65 billion in the first half of 2021, up more than 24 percent year over year

Although spending so far this year has eclipsed what was generated in the first half of 2020, year-over-year growth is actually down 3.6 percent when comparing 2020 to 2019. https://www.techspot.com/news/90229-mobile-app-spending-approached-65-billion-first-half.html?utm_source=dlvr.it&utm_medium=blogger

As GDPR turns two, some are doubting the Irish Data Protection Commission's ability to enforce rules

It's been two years since the European Union's General Data Privacy Regulation (GDPR) went into effect, with sweeping changes to how companies are able to handle customer data. It's also inspired similar rules that were adopted in the US, such as California's Consumer Privacy Act. https://bit.ly/36ycXJd

Intel Raptor Lake Refresh processors to land in Q4, followed by Arrow Lake-S a year later

Intel will supposedly release its unlocked Raptor Lake Refresh processors in October, with non-K SKUs following suit sometime before the end of the year. According to another leaker, the company will market these as the 14th-gen Core series, meaning that it will keep the iconic "i" branding for another year. Read Entire Article https://www.techspot.com/news/99114-intel-raptor-lake-refresh-processors-land-q4-followed.html?utm_source=dlvr.it&utm_medium=blogger

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