Former Uber exec sentenced for covering up data breach

A federal judge in San Francisco on Thursday imposed a sentence of three years' probation on the former head of security at Uber for his role in covering up a data breach that allegedly exposed the personal information of more than 50 million riders and drivers.   

Silicon Valley Bank failure: Fed partly blames itself for collapse

Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve said Friday, in a highly-anticipated review of how the central bank failed to properly supervise the bank before it collapsed early last month.