Even as start-ups and investors began recovering their money from Silicon Valley Bank, the episode exposed the tech industry’s vulnerabilities.
Tag: Twitter
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Investors Fear a Recession Spurred by the Fed’s Inflation Fight
Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
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Elon Musk Says Twitter’s Finances Improving After Big Cuts
Twitter’s owner says the company is recovering after a sharp drop in ad sales. But its revenue is still far short of its level in 2021, before he took over.
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.