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

Apple backtracks, says macOS utility Amphetamine can remain on the App Store

The app Amphetamine is a simple but useful macOS utility which can be configured to keep a Mac awake, preventing the computer from going into sleep mode. It's been available on the Mac App Store for some 6 years, where it's accrued over a thousand favorable ratings from users. Given... https://www.techspot.com/news/88141-apple-backtracks-macos-utility-amphetamine-can-remain-app.html?utm_source=dlvr.it&utm_medium=blogger

Gabe Newell believes brain-computer interfaces will let us edit who we are

In a recent interview with New Zealand’s 1 News, Newell delves deep into the topic of brain-computer interfaces (BCIs). Bypassing physical body parts like eyes that limit our ability to experience things and interfacing directly with the brain could open up a whole world of possibilities and make the real... https://www.techspot.com/news/88401-gabe-newell-believes-brain-computer-interfaces-us-edit.html?utm_source=dlvr.it&utm_medium=blogger

Tencent wins with merger of China's game streaming giants Huya and DouYu

Tencent currently has stakes in both Huya and DouYu and will have approximately 68 percent combined voting shares once the new firm is formed. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu’s Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once... https://www.techspot.com/news/87078-tencent-wins-merger-china-game-streaming-giants-huya.html?utm_source=dlvr.it&utm_medium=blogger

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