Silicon Valley Bank's stranded deposits spread the pain from Tech Valley to Napa ValleySilicon Valley Bank, once a darling of the California financial system, fell swiftly on Friday, a day after investors and depositors tried ...
Roku says $487 million held in deposits with Silicon Valley BankRoku in a regulatory filing also said its deposits with SVB were largely uninsured, sending its shares down 10% in extended trading.
US stocks close lower on Fed rate hike worryWhile traders are roughly evenly split between the odds of a 50 basis-point and 75 basis-point rate hike in December, the peak Fed funds ra...
YouTube plans to launch streaming video service: reportThe company has renewed talks with entertainment companies about participating in the platform, which it is referring to internally as a "c...
Social media stocks sink to erase $135 billion on Snap warningThe selloff erased almost $16 billion in market value, and added to declines for peers including Facebook-owner Meta Platforms Inc., Google...
Google's YouTube TV reaches deal to restore access to Disney channelsYouTube warned last week that it would only renew its agreement with Disney if the company offered "equitable terms" and announced that it ...
S&P hits record, Nasdaq jumps 1% as weak jobs data eases Fed tapering worriesEconomists polled by Reuters had forecast payrolls advancing by nearly 1 million jobs. Data also showed unemployment rate rose to 6.1% in A...
Dow Jones dips after solid start to MarchThe technology sector weighed the most on the benchmark S&P 500. Healthcare, materials and energy stocks extended gains from the previous s...
Roku buys video-streaming app Quibi's content libraryRoku is pushing aggressively into content with its own app, Roku Channel, that offers films and shows produced by other companies.
Netflix’s Reed Hastings collects $225 million in stock saleHastings has collected enough cash in 2020 to produce all four seasons of “The Crown,” all six seasons of “Peaky Blinders” or the equivalen...
Apple TV+ to be available on Google Chromecast next yearLast year, Apple made the TV app available on Amazon's Fire TV devices.
Will it cost Apple for not having made an Android version of the TV app?Android from Google powers about 85 per cent of the latest smartphones.
Move over, iPhone: Will Apple's foray into video-streaming be a game changer for tech giant?Apple will hold the event on March 25.
Apple co-founder Wozniak really wants a folding iPhoneWozniak is optimistic about Apple’s future, with the company branching out in a range of projects outside of its core iPhones market.
Here's why it's not easy to start a gadget companyIt brought a renaissance of consumer hardware startups, and thousands of great consumer hardware ideas bloomed. But it turns out it's not e...
Chromecast: Google's latest gadget to offer Internet on TVThe Chromecast device connects with smartphones, tablets and personal computers to beam Internet connect to TVs. The Apple and Roku streami...
- Amazon trying to offer subscription TV, movies
Amazon has approached several companies, including Viacom Inc., Time Warner Inc., and Sony Corp., three people familiar with the matter sai...