U.S. authorities are examining Goldman Sachs’s dealings with Silicon Valley Bank before it collapsed, the Wall Street bank said on Thursday. SVB hired Goldman in March to handle a planned capital raising and to sell a portfolio of securities that had lost substantial value, causing its share price to plummet as investors worried about its financial health. The transaction stirred criticism of...
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Don’t Count the Metaverse Out
The technology hype cycle would have us believe that the metaverse—so recently the darling of digital trendsetters—is on the decline, its place usurped by generative artificial intelligence. Yet this narrative, while superficially attractive, is a fiction. The truth is that emerging technologies are part of a synergistic ecosystem. Rather than heralding the demise of the metaverse,...
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