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Writer rips venture capitalists' role in SVB collapse

3 years 7 months ago
Bloomberg Businessweek Columnist and author of "The Contrarian: Peter Thiel and Silicon Valley's Pursuit of Power" Max Chafkin tells "Nightcap's" Jon Sarlin how tech leaders and VCs "behaved in a panicked herd mentality" when SVB started having problems. For more, watch the full Nightcap episode here.

Google Glass is being discontinued, again

3 years 7 months ago
Google will no longer sell the latest Enterprise Edition of Google Glass, the company announced this week, effectively killing off an innovative but failed wearable product line from another era that many consumers may have assumed was long gone.

Mortgage rates drop in wake of bank struggles

3 years 7 months ago
Mortgage rates dropped this week in the wake of several bank failures, reversing course after rising half a percentage point over the past month. But longer-term uncertainty is expected to hamper many homebuyers and keep the cost of buying unaffordable for many.

Mortgage rates drop in wake of bank failures

3 years 7 months ago
• Longer-term uncertainty is expected to keep the cost of buying a home unaffordable for many • First Republic in talks with major banks about a rescue plan • European Central Bank hikes rates half a point • Credit Suisse: Why it's struggling and why that's a big deal • Credit Suisse's $54 billion lifeline calms panic • KFILE: Ron DeSantis blames SVB's diversity initiatives and federal regulators for crisis
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3 minutes 54 seconds ago
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