From New York to Beijing, concerns over recent bank collapses and bailouts are affecting the world’s economy, and central bankers are trying to calm depositors and the financial markets. Silicon Valley Bank, a significant player in the IT sector, collapsed earlier this month.
At Twitter, Amazon, Salesforce, and Snap, major layoffs took place towards the end of 2022. Facebook and Instagram’s parent company, Meta, carried out its first-ever layoffs, reducing its workforce by around 13%.
Silicon Valley coding prodigy, 10, who’s been coding since age 6, has created two new board games to teach other kids to code
Home to Apple, Facebook and Google, Silicon Valley is an American economic powerhouse, producing technology companies with global influence