{"id":31556,"date":"2023-03-13T15:25:11","date_gmt":"2023-03-13T15:25:11","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails"},"modified":"2023-03-13T16:29:51","modified_gmt":"2023-03-13T16:29:51","slug":"elon-musk-says-open-to-svb-buyout-after-tech-lender-fails","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails","title":{"rendered":"Elon Musk Says Open to SVB Buyout After Tech Lender Fails"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>Twitter CEO Elon Musk says he is \u201copen to the idea\u201d of having his social media company buy the bankrupt Silicon Valley Bank (SVB).<\/b><\/p>\n<p>The billionaire entrepreneur replied to a suggestion on Twitter (banned in Russia) that his technology company should buy the tech lender and \u201cbecome a digital bank.\u201d<\/p>\n<p>The California Department of Financial Protection and Innovation announced Friday that it was taking possession of SVB, citing inadequate liquidity and insolvency. It is reportedly the second-largest bank failure in US history.<\/p>\n<p>The Treasury Department said that Secretary Janet Yellen was closely monitoring the situation around the bank. She expressed full confidence in banking regulators to take appropriate actions in response to its failure.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/gambia\">Gambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. Twitter CEO Elon Musk says he is \u201copen to the idea\u201d of having his social media company buy the bankrupt Silicon Valley Bank (SVB). The billionaire entrepreneur replied to a suggestion on Twitter (banned in Russia) that his technology company should buy the tech lender and \u201cbecome a digital bank.\u201d The California [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":31555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[2355,2361,260],"class_list":["post-31556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Elon Musk Says Open to SVB Buyout After Tech Lender Fails - Gambia<\/title>\n<meta name=\"description\" content=\"Twitter CEO Elon Musk says he is \u201copen to the idea\u201d of having his social media company buy the bankrupt Silicon Valle ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Says Open to SVB Buyout After Tech Lender Fails\" \/>\n<meta property=\"og:description\" content=\"Twitter CEO Elon Musk says he is \u201copen to the idea\u201d of having his social media company buy the bankrupt Silicon Valle ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-13T15:25:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-13T16:29:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/03\/postQueueImg_1678705598.58.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Elon Musk Says Open to SVB Buyout After Tech Lender Fails\",\"datePublished\":\"2023-03-13T15:25:11+00:00\",\"dateModified\":\"2023-03-13T16:29:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails\"},\"wordCount\":137,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/03\/postQueueImg_1678705598.58.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/elon-musk-says-open-to-svb-buyout-after-tech-lender-fails\",\"name\":\"Elon Musk Says Open to SVB Buyout After Tech Lender Fails - 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