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Wednesday Crunch: SVB’s New CEO, T-Mobile Acquisition, and More
Hellooooo, and welcome to the Wednesday Crunch!
SVB’s New CEO Tim Mayopoulos Speaks Out
SVB’s new CEO Tim Mayopoulos has had a lot to say in the 24 hours since he joined the bank on Monday. In a private Zoom meeting run by SVB for a select number of LPs and investors, he asked clients to return deposits to the institution, reports Natasha M.
With much love from Christine and Haje,
TechCrunch Top 3
1. T-Mobile Acquisition of Mint Mobile’s Parent Company
The big news for today is that T-Mobile has acquired Mint Mobile’s parent company, check out the details here.
2. OpenAI’s AI Reasoning Model ‘Thinks’ in Chinese Sometimes
OpenAI’s AI reasoning model has been found to ‘think’ in Chinese sometimes, and no one really knows why, read more here.
3. Venture Funding Remains Stable in France Thanks to AI Startups
Venture funding remains stable in France thanks to AI startups, check out the article here.
Daily Crunch
Daily Crunch
- China is reportedly open to Elon Musk acquiring TikTok US, read more here.
- ‘Free Our Feeds’ campaign aims to billionaire-proof Bluesky’s tech, check out the article here.
Most Popular
- A 24-year-old who exited his first company to Coinbase raises $3M for his next venture, read more here.
- Biden admin snubs Tesla’s $100 million big-rig charging funding request — again, check out the article here.
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Related Articles
- OpenAI’s AI reasoning model ‘thinks’ in Chinese sometimes and no one really knows why, read more here.
- ‘Free Our Feeds’ campaign aims to billionaire-proof Bluesky’s tech, check out the article here.
