All Stories Tagged: Business, Page 26

The tech-focused bank announced a plan to raise over $2 billion in capital in an attempt to offset losses on bond sales.

Silvergate Bank will wind down operations and be voluntarily liquidated. Its Silvergate Exchange Network payment platform was already suspended.

According to Google CEO Sundar Pichai, desk-sharing is a way to be efficient and save money.

Even after a mass layoff late in 2022, thousands of further jobs at the Meta company may be on the line this week as the company continues to cut costs.

Biden administration Secretary of Commerce Gina Raimondo says the incentives are to coerce companies into investing in R&D, not buybacks.

Musk and his lawyers have argued that some of the terms of the settlement are unconstitutional, but the SEC is remaining stalwart on the matter.

As a part of downsizing, Google employees will soon have to share desks.

Despite some difficult year-over-year comparisons, NVIDIA feels good enough about the times ahead to raise its guidance for the 2024 fiscal year.

NVIDIA was able to put up beats on both revenue and earnings-per-share to cap off its 2023 fiscal year, but it still had a rough time with YoY comparisons.

In his SEC settlement, Paul Pierce has been ordered to pay a $1.1 million fine and disgorge $240,000 of his profits from promotion of EthereumMax.