Sources: the FDIC is racing to sell SVB's assets and make 30% to 50% or more of clients' uninsured deposits available as soon as Monday (Bloomberg) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

In an email to sellers, Etsy warns that the SVB collapse is causing delays in processing payments; one seller says it would be "catastrophic" for his business (Rob Wile/NBC News) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5

Meta says it plans to block Canadians' ability to view or share news content on Facebook and Instagram if the country's proposed Online News Act becomes law (Marie Woolf/Globe and Mail) - TechnW3 Reviewed by TechNW3 on 14:41 Rating: 5

An interview with Gowalla co-founder and CEO Josh Williams as he re-launches his location-based social networking app at SXSW, 14 years after its debut (Darrell Etherington/TechCrunch) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

SBV collapse led to finger-pointing, as some crypto advocates preach and scold while some investors argue crypto collapses set the stage for SVB's collapse (New York Times) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

Twitter is in decline and less stable under Elon Musk, echoing LiveJournal and Tumblr falling apart under new ownership that didn't understand their communities (Gita Jackson/The Verge) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

Filing: Roku held ~26% of its $1.9B in cash and equivalents at SVB, "largely uninsured", and says the remaining amount will be sufficient for at least 12 months (Todd Spangler/Variety) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

Sources: Meta plans multiple rounds of layoffs over the coming months that in total would be roughly the same magnitude as its ~13% cut in November 2022 (Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5

As the "Bank of Startups", Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality (Matt Levine/Bloomberg) - TechnW3 Reviewed by TechNW3 on 14:41 Rating: 5

A closer look at the collapse of Silicon Valley Bank, the 16th largest US bank whose unrealized losses snowballed from $0 in June 2021 to $16B by September 2022 (Marc Rubinstein/Net Interest) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5