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AI video generation startup Runway has raised $315 million in a Series E round, nearly doubling its valuation to $5.3 billion, people familiar with the matter told TechCrunch. The new funding will enable Runway to “pre-train and deploy the next generation of global models into new products and industries,” according to the company’s blog post announcing the funding. World models are AI systems that build internal representations of the environment so that future events can be planned, and many top minds believe they are essential to moving beyond the limitations of large-scale language models. Runway, best known for its physics-aware…
Growing up near Boston, Liz Fitzgerald’s life was heavily influenced by elements of Italian-American culture. Every Christmas Eve, her uncle would visit her parents’ house to celebrate the Day of the Seven Fishes with dishes like stuffed shrimp, calamari, and clam chowder, while her aunts would pour batter into steaming trowels and make crispy, waffle-like Italian cookies called pizeres. Her father’s gift was always ricotta pie from a local Italian bakery. The family’s Italian roots trace back to Fitzgerald’s great-grandfather Angelo. Angelo was born near Naples in 1890 and arrived in the United States in 1909. He was naturalized as…
explainerAl Jazeera explains how a player’s departure from the franchise sparked the biggest cricketing crisis in recent years.listen to this article | 4 minutesinformationPublished February 10, 2026February 10, 2026Click here to share on social mediaShare 2shareAfter more than a week of deadlock, negotiations and meetings, Pakistan has agreed to call off its T20 World Cup boycott against India, ending one of the biggest crises in cricket history.Apart from the final, the India vs Pakistan match is the biggest match of any cricket tournament, bringing record viewership, huge revenue and unparalleled attention to the sport.Recommended stories list of 4 itemsend of…
Check out some of the companies making the biggest moves at noon: Kyndryl Holdings — The IT infrastructure services provider spun out of IBM fell 55% after Kyndryl disclosed in a regulatory filing that its audit committee was reviewing the company’s cash management practices. The company also reported that CFO David Wishner and general counsel Edward Sebold have resigned with immediate effect. Kyndryl also reported third quarter results. Nexstar Media Group, Tegna — Television and digital media provider Nexstar soared 12% after President Donald Trump reversed his previous position in a social media post Saturday and said he now supports…
Creator, entrepreneur, and philanthropist Jimmy Donaldson, also known as MrBeast, speaks on stage at the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center in New York City on December 3, 2025. Michael M. Santiago | Getty Images News | Getty ImagesJimmy Donaldson, the world’s biggest YouTuber by subscribers, better known as Mr.Beast, has acquired financial services app Step, marking the company’s entry into fintech with a focus on serving younger users.Step is touted as an all-in-one money app that allows teens and young adults to manage their money, build credit, and access financial tools. The app will…
The Food and Drug Administration stated: novo nordiskA television advertisement for the newly launched obesity drug Wegovy contained “false or misleading” claims about the drug’s capabilities and benefits to patients.In a Feb. 5 letter to Novo, the FDA said the advertisement misbranded the oral drug and its distribution was a violation of federal law. The agency urged pharmaceutical companies to take immediate steps to address violations, including suspending all advertising containing misleading statements. Novo Nordisk acknowledged in a statement Monday that it had received the letter and clarified that the ad, which has been running since the pill’s launch, is…
The Taiwan Semiconductor Manufacturing Company logo is visible in the background next to the printed circuit board. Sopa Images | Light Rocket | Getty ImagesTaipei’s top customs and trade negotiator said in an interview that Taiwan has told Washington that its proposal to transfer 40% of Taiwan’s semiconductor supply chain to the United States is “impossible.” In a local television broadcast on Sunday, Vice Prime Minister Zheng Liqianyun said he had clearly communicated to the US government that the country’s semiconductor ecosystem, built over decades, cannot simply be transferred. In Chinese, translated by CNBC, he said Taiwan’s international expansion, including…
Many people tried to prevent Ilona Maher from reaching her destination. Many of them end up sprawled out on the grass, helplessly watching as the US Rugby superstar scores yet another try. Yet when the Olympian tried to enter an unassuming pub tucked away in the backstreets of a city in southwest England, all it took was a sympathetic shake of the head to shoo her away. But it’s just a typical Sunday at The Bank Tavern in Bristol. This is home to the most popular meal ticket not just in the city, but probably anywhere in the world. When…
U.S. Consumer Financial Protection Bureau Headquarters in Washington, February 2, 2025.Bloomberg | Bloomberg | Getty ImagesFederal student loan borrowers filed a record number of complaints with the Consumer Financial Protection Bureau from mid-2024 to mid-2025, according to the bureau’s recent report. But the government’s 21-page report, released in early January, omits details about the nature of the borrowers’ complaints, including the issues faced, the loan servicers involved and the remedies available, that were included in a draft of the 36-page report obtained by CNBC.”It’s unfortunate that the report was never made public in its entirety,” said Julia Barnard, a former…
Traders work on the American Stock Exchange (AMEX) floor of the New York Stock Exchange (NYSE) on Monday, February 9, 2026 in New York, USA. Michael Nagle | Bloomberg | Getty Images US markets closed higher last night. Big Tech stocks mostly rallied; oracle Soared 9.6%, microsoft It rose by 3.1%. it helped S&P500 Increased by 0.47%, with many high-tech industries Nasdaq Composite Increased by 0.9%. of Dow Jones Industrial Average It rose 0.04%, but still set another record.Asian stocks mostly followed Wall Street gains on Tuesday, with Japanese stocks also rising. Nikkei Stock Average It rose more than 2%…