First Republic Bank, which recently suffered ratings downgrades and whose stock has been on a rollercoaster since the run on Silicon Valley Bank started, is exploring strategic options including potentially selling itself, Bloomberg reported. The bank is also weighing options for shoring up liquidity, according to the report, and is expected to draw interest from bigger rivals. First Republic...
First Republic Explores Strategic Options Including a Sale
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
Exclusive
asia
venture capital
Revenue at TikTok Owner ByteDance Rose More Than 30% in 2022, Topped $80 Billion

ByteDance, the Chinese owner of TikTok, generated more than $80 billion in annual revenue last year, up more than 30% from roughly $60 billion in 2021, according to two people with knowledge of the figure. The 2022 result, which hasn’t previously been reported, is significant because most technology companies with that kind of revenue experienced a marked slowdown in growth last year. It...
Latest Briefs
Twitter Releases Ranking Source Code Ahead of Verified-Check Removals
Meta Tells Managers to Temporarily Stop Hiring Remote Workers
Fidelity Marks Down Twitter Stake Another 7.9%
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
google
ai
Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAI
Opinion
entertainment
media/telecom
The Streaming Business Model Is Hitting Its Half-Life