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3 mentions found


☆ Neighbors app floods police inboxes with alerts that have nothing to do with crimes
  + stars: | 2023-10-11 | by ( Lam Thuy Vo | ) www.businessinsider.com   time to read: +17 min
People can use Neighbors to publish footage alongside their posts; when the posts are forwarded to police officers, officers can click through to view the accompanying media. "All posts and comments on Neighbors are publicly viewable on the Neighbors feed by users and public safety agencies alike. As with Poole, other LAPD officers The Markup identified as using Neighbors to keep tabs on crime did not respond to requests for interviews. To familiarize LAPD officers with the platform, the company organized in-person training sessions as well as video calls. In this dataset, at least 26 LAPD officers posted in Neighbors at least once and received responses from users.
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☆ Wall Street keeps winning even in a banking crisis
  + stars: | 2023-03-17 | by ( Dakin Campbell | Carter Johnson | Rebecca Ungarino | ) www.businessinsider.com   time to read: +12 min
"Not only are these big banks not sitting around and waiting for the phone to ring, they are also being proactive." Amid the nation's most troubling turmoil in banking since the global financial crisis nearly 15 years ago, the big banks are flexing their collective muscle. The 2008 financial crisis humbled the banking behemoths; the 2023 crisis of regional banks has now only cemented their power. For an increasingly stretched financial system, the big banks provide a needed stability. The flight to safety that is benefiting the big banks will have a cost, however.
☆ Silicon Valley Bank was the bank for tech. Its collapse is everyone's problem.
  + stars: | 2023-03-17 | by ( Kali Hays | Bianca Chan | Darius Rafieyan | ) www.businessinsider.com   time to read: +13 min
Employees have been working around the clock to onboard as many startups as possible in the wake of the implosion of Silicon Valley Bank. Silicon Valley Bank, which had more than $175 billion in deposits and served nearly half of US VC-backed startups, was taken over by US regulators on March 10. "That said, I am worried that this bias towards a Big Four bank is a double-edged sword," Shekar added. "SVB did not think like a big bank. They could understand your operating plan when a big bank would balk at it," Ashley Tyrner, CEO and founder of FarmBoxRX, told Insider.
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