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From the heart of where innovation, money and power collide in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

And I'm in Luddler in San Francisco.

This is Bloomberg Technology, a new time, a new era for this show Caroline.

The news continues US technology a sigh of relief as the US back stops depositors

But we are very worried about ongoing risk

The contagion risk this is a new era.

For our show, it is a new era for technology.

The startups, the VC's writ large,

as we see potentially the ongoing spiraling.

Let's keep talking about what's coming up in the

next hour and how Silicon Valley spawned a bank crisis. The impact on startups, investors,

regulators, and the lenders still fighting for their reputations. President Biden vows to hold banks responsible urging Congress for tougher regulation

on the banking industry.

And the UK arm of S.B gets bought for one pound.

...