I'm good at speaking of government, this Dodd-Frank Act. I do think a little bit blaming on this too is early. It's not clear it would have helped. This bank was brought down for two reasons. An unprecedented increase in interest rates and poor risk management at the bank. And a bank run. Yeah, and a bank run 100%. That some people arguably contributed to unnecessarily for fame and so they can. They're just loathsome.
The Biden administration tells Tiktok to leave ByteDance or leave the US. Meta's year of Zuck-ficiency continues, with another 10,000 layoffs. Kara and Scott unpack the decision to backstop Silicon Valley Bank, as Credit Suisse deals with its own potential issues. Also, ChatGPT gains the power of sight, and a listener worries about the growth of legalized gambling.
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