Elon Musk is ‘open to the idea’ of buying Silicon Valley Bank
that “Twitter should buy SVB and become a digital bank,” from Min-Liang Tan, CEO of Razer, which sells gaming computers.Others also indicated their support. “I think Twitter could use a financial leg,” Mikael Pawlo, head of branding at Swedish fintech firm Bokio,
. “Would make total sense for the entire Musk ecosystem to buy the ruins of SVB and could also create a viable business model going forward for Twitter.”Kevin Paffrath, CEO of HouseHack, a real-estate and A.I. startup. “2-3 years to get a banking charter otherwise. Just make sure you go through those toxic assets with a fine-tooth comb.”, took over Twitter for $44 billion in late October. He aims to add payments to the platform, which an acquisition of SVB would presumably help with.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Markets rattled, bank shares hammered amid collapse of Silicon Valley BankNEW YORK: Global markets took a beating on Friday (Mar 10) as US jobs data boosted the likelihood of further aggressive interest rate hikes, while bank shares wobbled amid the colla
Read more »
UK finance minister, Bank of England work to contain Silicon Valley Bank falloutTalks are scheduled to discuss the issues faced by British tech companies affected by the SVB collapse. Read more at straitstimes.com.
Read more »
US closes Silicon Valley Bank in biggest collapse since 2008SANTA CLARA: United States regulators pulled the plug on Silicon Valley Bank (SVB) on Friday (Mar 10) in a spectacular move that sent global banking shares sputtering, as markets fretted over possible contagion from America's biggest banking failure since the 2008 financial crisis. US authorit
Read more »
US closes Silicon Valley Bank in biggest collapse since 2008SANTA CLARA: United States regulators pulled the plug on Silicon Valley Bank (SVB) on Friday (Mar 10) in a spectacular move that sent global banking shares sputtering, as markets fretted over possible contagion from America's biggest banking failure since the 2008 financial crisis. US authorit
Read more »
Who is Greg Becker, the head of failed Silicon Valley Bank?Greg Becker, the chief executive officer who presided over the collapsed Silicon Valley Bank, joined the company three decades ago as a loan officer. The executive cut
Read more »
Crypto firm Circle reveals $4.5b exposure to collapsed Silicon Valley BankThe lender’s surprising implosion is the largest bank failure since the 2008 financial crisis. Read more at straitstimes.com.
Read more »