A developer runs Meta's 13B LLaMA model, considered to be competitive with GPT-3, on his laptop, showing local language models are feasible on consumer hardware (Simon Willison/Simon Willison's Weblog) - TechnW3 Reviewed by TechNW3 on 17:41 Rating: 5

New York shuts down Signature Bank as US regulators cite a "systemic risk exception" like for SVB, announcing all of Signature's depositors will be "made whole" (CNBC) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

The US Treasury, Federal Reserve, and the FDIC: all Silicon Valley Bank depositors will be "fully" protected, and their money will be available on March 13 (U.S. Department of the Treasury) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5

Sources: US officials are considering the extraordinary step of protecting all uninsured SVB deposits, if the FDIC is unable to find a buyer for the failed bank (Washington Post) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

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