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Runway rolls out new AI video model that beats Google, OpenAI in key benchmark

Runway rolls out new AI video model that beats Google, OpenAI in key benchmark

Technology News / Leave a Comment

Mustafa Hatipoglu | Anadolu | Getty Images Artificial intelligence startup Runway on Monday announced Gen 4.5, a new video model that outperforms similar models from Google and OpenAI in an independent benchmark. Gen 4.5 allows users to generate high-definition videos based on written prompts that describe the motion and action they want. Runway said the model […]

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Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

Business News

Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first-round offers, according to people familiar with the matter. Paramount Skydance and its advisors had been weighing in recent days whether to submit a higher bid than its previous $23.50-per-share offer that WBD rejected, some

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Major League Baseball announces new media rights deals for NBC, ESPN and Netflix

Major League Baseball announces new media rights deals for NBC, ESPN and Netflix

Business News

Los Angeles Dodgers pitcher Shohei Ohtani (17) throws a pitch during the MLB game between the Philadelphia Phillies and the Los Angeles Dodgers on September 16, 2025 at Dodger Stadium in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Major League Baseball officially announced a new three-year media rights agreement with NBC,

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E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger

E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger

Business News

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps per

E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger Read More »

Google and Disney reach deal to restore ESPN, ABC to YouTube TV

Google and Disney reach deal to restore ESPN, ABC to YouTube TV

Finance News

Nikolas Kokovlis | Nurphoto | Getty Images Alphabet and Disney on Friday announced that they’ve reached a deal to restore content from ABC and ESPN onto Google’s YouTube TV. The deal comes after a two-week standoff between the two companies that started on Oct. 31. The stalemate resulted in numerous live sporting events, including college

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AI startup Cursor raises .3 billion funding round at .3 billion valuation

AI startup Cursor raises $2.3 billion funding round at $29.3 billion valuation

Finance News

Emilija Manevska | Moment | Getty Images Artificial intelligence startup Cursor on Thursday announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation, nearly triple what it was worth as of its last raise in June. Cursor built a popular AI coding tool that helps software developers generate, edit and

AI startup Cursor raises $2.3 billion funding round at $29.3 billion valuation Read More »

Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company

Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company

Finance News

Verizon chairman Mark Bertolini said Thursday that the company’s new CEO, former PayPal boss Dan Schulman, is working to revive Verizon from its period of share losses under former CEO Hans Vestberg. Bertolini, who is also the Oscar Health CEO and who was named Verizon chairman last month, told CNBC’s Becky Quick on “Squawk Box”

Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company Read More »

Disney posts mixed results as streaming growth is offset by legacy TV declines

Disney posts mixed results as streaming growth is offset by legacy TV declines

Business News

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but

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CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

Finance News

CoreWeave shares sank 13% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” on

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall Read More »

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