Maureen Farrell / New York Times: SVB’s collapse is a tale of ambition, management mistakes, and focusing on innovation over the mundane work of managing risk and ensuring financial prudence  —  While its leader extolled innovation and the future of tech, the bank paid less attention to risk management and was caught flat-footed by economic change. Lees verder op Tech Meme

Wall Street Journal: As SVB collapsed, prominent investors, internet provocateurs, and others helped fuel concerns over the US banking system, creating a “Twitter-fueled bank run”  —  Rapid spread of concerns prompts lawmaker to call it ‘Twitter-fueled bank run’  —  The Collapse of Silicon Valley Bank: What You Need to Know Lees verder op Tech Meme

Bloomberg: A profile of Russian national Artem Uss, arrested in Milan under US indictment over a secret supply chain to provide US tech to support Putin’s war in Ukraine  —  For years, Artem Uss had appeared in Russian media as the owner of fancy real estate, luxury cars and Italian hotels. Lees verder op Tech Meme