Today, SVB Financial Group shares plunged 60%, as reported by Reuters, Bloomberg, Yahoo Finance, Marketwatch, and other financial and news publications.  The sharp drop comes one day after the lender launched a $1.75 billion share sale to shore up its balance sheet and navigate declining deposits from startups struggling

ChatGPT's popularity continues to rise, pushing conversational AI to the forefront and making it one of the hottest topics in the tech world right now. Today Galileo Financial Technologies, a leading fintech based in Salt Lake City with over 600 employees, announces the launch of Cyberbank Konecta, a

Angel Studios is a Provo-based film studio that has pioneered a precedent-making governance system and an innovative crowdfunded method that finances the selection, creation, and distribution of new film projects. This week the studio announces the completion of the crowdfunding campaign for the theatrical release of His Only Son, a

In a new collaboration designed to provide customers with security transparency in the Whistic Trust Catalog, Whistic announces a partnership with Google Cloud. Founded in 2015, Whistic is a Pleasant Grove-based proactive vendor security network focused on third party vendor security.  Today the company announces a collaboration with Google Cloud

ReelTrain has launched an employee training platform designed to create human happiness and fulfillment in the workplace. The company was co-founded by entrepreneurs Evan Rogers (above right) and Matt Brady (above left). Based in American Fork, UT and Tempe, AZ, ReelTrain's platform provides users with relevant, curated, employee-generated

Military technology company Red Cat announces that its Salt Lake City-based subsidiary Teal Drones has added Athena AI as an artificial intelligence partner for the new Teal 2 military-grade drone. Red Cat Holdings, Inc. is a a military technology company based in San Juan, Puerto Rico (formerly Hemet, CA) integrating

Eltropy (Milpitas, CA and Lehi, UT) today announces the launch of “Video Verify,” a solution allowing credit unions and community banks to remotely verify the identity of their members before opening accounts, issuing credit cards, authorizing wire transfers, granting loans and other high value-high fraud risk activities. According to the

Zaymo, a drag-and-drop, email-design tool that enables users to embed interactive web apps in an email, pictured left, won the $30,000 grand prize and first place in the 2023 Utah Entrepreneur Challenge at the University of Utah campus. The statewide business-model competition is managed by the Lassonde Entrepreneur Institute,