Silvergate Capital is winding down operations and liquidating its bank. The stock plunged more than 36% in after-hours trading. Silvergate has served as one of the two main banks for crypto companies.
The National Highway Traffic Safety Administration (NHTSA) has announced that Tesla is recalling 2,431 Cybertrucks. This marks the sixth recall for the Cybertruck since its launch a year ago.
Apple has released a new version of its video editing software 'Final Cut Pro' after 13 years. Final Cut Pro 11 introduces new features utilizing AI technology and is available for download starting Wednesday.
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