Silicon Valley Bank uncertainty sends tech industry into a panic

The tech industry, already on-edge from widespread layoffs in an uncertain economy, fell into a panic over the past 24 hours as moves by a major Silicon Valley lender spurred a steep sell-off on Wall Street and sparked fears of a run on the bank.

​The tech industry, already on-edge from widespread layoffs in an uncertain economy, fell into a panic over the past 24 hours as moves by a major Silicon Valley lender spurred a steep sell-off on Wall Street and sparked fears of a run on the bank.