Author: IQ TIMES MEDIA
On Monday, a new Model Context Protocol security startup called Runlayer launched out of stealth with $11 million in seed funding from Khosla Ventures’ Keith Rabois and Felicis. It was created by third-time founder Andrew Berman (previous companies: baby-monitor maker Nanit and an AI video conferencing tool, Vowel, that sold to Zapier in 2024). In the four months since Runlayer launched its product in stealth, it has signed dozens of customers, including eight unicorns or public companies like Gusto, Rippling, dbt Labs, Instacart, Opendoor, and Ramp, it says. It also nabbed David Soria Parra, the lead creator of MCP, as an…
Novo Nordisk is chopping prices again for its popular obesity treatment Wegovy, but doctors say the expense will remain challenging for patients without insurance.The drugmaker said Monday that it has started selling higher doses of the injectable treatment for $349 a month to patients paying the full bill. That’s down from $499 and in line with terms of a drug pricing agreement outlined earlier this month by President Donald Trump’s administration.Novo also has started a temporary offer of $199 a month for the first two months of low doses of Wegovy and the drug’s counterpart for diabetes, Ozempic. The new…
The Rev. Jesse Jackson Sr. is in stable condition despite remaining hospitalized, his family said in a statement on Nov. 16.Jackson, 84, was admitted to a hospital on Nov. 12 under observation for progressive supranuclear palsy, the Rainbow PUSH Coalition, his civil rights organization, said in a statement.In the Nov. 16 statement, Jackson’s family dispelled reports that the civil rights leader is on life support and confirmed that he is breathing without the assistance of machines at Northwestern Memorial Hospital in Chicago.”In fact, today he called for 2,000 churches to prepare 2,000 baskets of food to prevent malnutrition during the…
Peter Thiel’s hedge fund sold its entire stake in Nvidia in the third quarter, according to a 13F filing.Thiel Macro LLC sold all of its 537,742 shares in the chipmaker, per the filing, which were valued at about $85 million at the end of the second quarter.Those shares would have been worth about $100 million at market close on September 30 — but it is unclear when Thiel’s fund offloaded its stake.It comes hot on the heels of SoftBank disclosing that it sold all of its Nvidia shares during the same quarter.Thiel Macro’s holding was relatively small when compared with…
The cash price for popular weight-loss medications Wegovy and and the medication authorized for people with type 2 diabetes Ozempic are dropping by 30% in U.S. on Monday, according to Novo Nordisk, the Danish pharmaceutical company that manufactures both drugs.The new monthly cost for either GLP-1 drug will be $349, down from its current price of $499, for customers who are not using insurance, the company said. The new pricing will be in place on Monday at 70,000 retail pharmacies and other places, including Walmart and Costco’s pharmacies, the drugmaker said.Mads Claus Rasmussen/Ritzau Scanpix/AFP via Getty Images – PHOTO: The…
South Korea’s major defense giants have amassed roughly $69 billion in order backlogs as of late 2024, according to media reports. Seoul is also accelerating investment in advanced weapons systems and expanding its defense ties, particularly with Europe. With the new EU–South Korea Security and Defence Partnership in 2024 and growing exports of vehicles and artillery, the country has become the second-largest arms supplier to European NATO members. Yet despite that enormous industrial footprint, remarkably few startups have emerged to match or challenge the incumbents. The country’s defense-tech startup scene is still nascent, exposing a wide gap between Korea’s manufacturing…
As U.S. giants like Google, OpenAI and Anthropic race to develop the large language models that underpin their AI products, startups such as Sakana AI, Mistral AI, DeepSeek and AI21 Labs are carving out their own niche with specialized models designed for specific regions, industries, or unique features. In pursuit of that goal, Tokyo-based Sakana AI has closed a ¥20 billion (approximately $135 million) Series B funding round, which values the company at $2.65 billion post-money, up from a pre-money valuation of $2.5 billion, CEO David Ha told TechCrunch. Founded in 2023 by former Google researchers Llion Jones, Ren Ito…
MONTGOMERY, Ala. (AP) — Alabama Gov. Kay Ivey on Monday urged the board that oversees Alabama Public Television to delay any decision on severing ties with PBS until it has studied Alabamians’ opinions on the matter and developed a plan for what comes next. The Republican governor sent a letter to the Alabama Educational Television Commission ahead of a Nov. 18 meeting in which commissioners were expected to discuss disaffiliation.Some commission members had pushed the idea of dropping PBS due to federal budget cuts, President Donald Trump’s dislike of public broadcasting and accusations of bias against NPR and PBS news…
By Diana Novak JonesCHICAGO (Reuters) -A U.S. appeals court is expected to hear arguments on Monday from families seeking to revive their lawsuits over Tylenol, after the Trump administration publicly promoted their claims that the popular painkiller is linked to autism in children.In urging the appeals court to reinstate more than 500 lawsuits seeking damages from Tylenol maker Kenvue, the plaintiffs cited a September press conference where President Donald Trump and his top health officials linked autism to Tylenol use.A lower-court judge tossed out the lawsuits in 2024 after criticizing the methods of the experts the plaintiffs put forward to…
This as-told-to essay is based on a conversation with Annie Liao, the 24-year-old startup founder of Build Club, who is based in San Francisco. It’s been edited for length and clarity.After raising $1.75 million in funding for my AI startup last year, I quit my chief of staff job at a Series B startup and moved to San Francisco to go all in as a solo founder.The startup I used to work for had three co-founders, and I saw how they relied on each other for opinions and advice. If one person were sick, the other two could pick up…