Collapse of Silicon Valley Bank Leaves $175 Billion in Deposits Under Regulatory Scrutiny
At TechGround, we are passionate about technology and its impact on our daily lives. One of the ways that we stay up to date on the latest advances is by…
regulators
Regulators Shut Down Silicon Valley Bank Today
The Federal Deposit Insurance Corporation (FDIC) closed Silicon Valley Bank after regulators determined that the institution was insolvent. Depositors are now being transferred to other banks in the area. Though…
Africa Regulators Scrutiny Puts Big Tech Under Pressure
The African competition watchdog organizations have announced that they will be collectively interrogating the market conduct of global digital firms. The organizations include the Kenya Competition Authority, the South Africa…
Regulators Call Out Amazon for Endangering Workers Safety in Warehouses
The violations found by OSHA suggest that Amazon is not complying with the safety regulations that it has agreed to abide by. This may lead to serious injuries for Amazon…
