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First Citizens Bank to Buy Most Assets of Silicon Valley Bank

First-Citizens Bank & Trust Company, a subsidiary of Raleigh-NC based First Citizens BancShares, Inc., has entered into an agreement with…

3 years

Viz.ai Secures $40 Million From CIBC

SAN FRANCISCO -- CIBC Innovation Banking has provided $40 million in growth capital financing to Viz.ai. The funding will help…

3 years

Workera Closes $23.5 Million Series B

PALO ALTO -- Workera, an operator of a skills intelligence platform, has closed a $23.5 million Series B financing led by Jump Capital with…

3 years

BART to Add New Jump-Proof Fare Gates, Double Patrols

BART is moving forward with a purchase of brand-new fare gates to be installed systemwide as part of its latest…

3 years

Revolv Scores $15 Million Series A

SAN FRANCISCO -- Revolv, a full-service provider of electric medium-to-heavy commercial fleets, announced it has closed a $15 million Series A funding round…

3 years

Apple TV+ Brings Back Baseball for Subscribers Only

Apple and Major League Baseball (MLB) announced that “Friday Night Baseball,” a weekly doubleheader, will be available to all Apple…

3 years

11 Major Banks Team Up With $30 Billion to Bolster First Republic

Eleven major banks are depositing a combined $30 billion in First Republic Bank of San Francisco in a sign of…

3 years

Apple Offers Shop With a Specialist Over Video

CUPERTINO --  Apple has launched Shop with a Specialist over Video, a new live shopping experience on apple.com for customers in…

3 years

FDIC Creates Silicon Valley Bridge Bank

The Federal Deposit Insurance Corporation (FDIC) has transferred all deposits—both insured and uninsured—and substantially all assets of the former Silicon…

3 years

SVB Financial Looks to Sell Other Businesses

SANTA CLARA -- SVB Financial Group ("SVBFG") announced  its Board of Directors has appointed a restructuring committee consisting of five…

3 years

Apple Wins Academy Award for Best Animated Short Film

The Academy of Motion Picture Arts and Sciences awarded Apple's Original Film The Boy, the Mole, the Fox and the…

3 years

FDIC Shutters Silicon Valley Bank

Silicon Valley Bank has been taken over by the government. The Santa Clara-based bank was closed today by the California Department…

3 years