China’s cybersecurity probe into SoftBank-backed truck-hailing firm Full Truck Alliance has been delayed because of a recent coronavirus outbreak in the eastern city of Nanjing, where the company is headquartered, according to a person with knowledge of the matter. The longer the regulator’s probe drags on, the bigger the potential negative impact on Full Truck, which has suspended new user...
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Breaking Up SVB Is Hard to Do

With bids for the entity formerly known as Silicon Valley Bank due Friday, potential buyers and regulators are running into an interesting reality: Breaking up—and salvaging—SVB is hard to do. Nearly two weeks after SVB failed, the Federal Deposit Insurance Corp. has yet to find a buyer for the so-called bridge bank that took over SVB’s operations, despite being on the third...
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