The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.
Around $487 million of Roku’s cash reserves are stuck at Silicon Valley Bank, the streaming media company said Friday.
Shares of SVB Financial Group, known as Silicon Valley Bank, tumbled for a second day Friday and weighed on the whole banking sector again.
Tesla plans to slash use of silicon carbide transistors 75%, powertrain engineering leader Colin Campbell told investors Wednesday.
The amount of money private investors are putting into nuclear energy has never been seen before in the U.S. Here’s why, and what it means for the industry.
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