03.12.23

Gemini version available ♊︎

Mozilla and Many Other Companies Are in Trouble as Silicon Valley Bubbles Are Bursting

Posted in Finance at 8:47 pm by Dr. Roy Schestowitz

Video download link | md5sum 2c5c09befcd83be44bd00fedc02d351c
Mozilla and SVB
Creative Commons Attribution-No Derivative Works 4.0

Summary: Some banks are collapsing, including very major ones; it seems like Mozilla will be among the companies affected

THE US regulators have just shut down another bank — the second if not third one in days (during weekend). This is a very serious matter and it’ll caused a lot of panic later today when European markets open (and then American ones). What companies that we know and care about are impacted by this? Well, Mozilla seems like one of them.

The video above is a bunch of more personal thoughts and my interpretation of the situation. These turbulent times can affect Free software (negatively) and it’s safe to predict the matter will be in the news for weeks to come. █

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