The seizure of Silicon Valley Bank by regulators Friday morning shows how brittle financial institutions can be in the digital age. The downfall of the Valley institution, which has been called “the backbone of the startup economy,” was caused by a good old-fashioned bank run, but one that ran at internet speed. The run began on Thursday, after a powerful Silicon Valley VC—Peter Thiel’s Founders Fund—had begun advising its portfolio companies to withdraw their money from SVB, sources told Fast Company. Other VCs soon caught wind of the advisory and began advising their own portfolio companies to withdraw funds from SVB, the people said. As the withdrawals accelerated, the bank began taking steps to stem the tide and preserve its solvency—just like George Bailey did in the 1946 classic It’s a Wonderful Life.

As Justin Baragona, the Daily Beast media reporter who reported on this interview, points out, Hannity played portions of his Trump interview on his Fox News show that night, but stops the remarks where Trump says he “could have negotiated” to omit the extremely newsworthy detail where Trump says exactly what the “negotiation” would have entailed.

The right-wing commentator’s columns, which were unedited and bankrolled by a single donor, will be shuttered Friday after a 12-year run. Sources say it was ultimately a diatribe on circumcision that was a bridge too far.

The inmates I teach are serious, disciplined, hard-working students, eager toengage with ideas.

Collapsed bank’s president told Congress “enhanced prudential standards” should be lifted “given the low risk profile of our activities.”

In an exclusive interview from jail, Shanteari Weems says she shot her husband in the neck and thigh after a parent she trusted said he abused her kid... Six-and-a-half months later, a D.C. judge told Shanteari Weems she had no right to take the law into her own hands. Her supporters were stunned when Superior Court Judge Michael O'Keefe slapped her with a four-year sentence, twice what prosecutors recommended in a plea deal on charges of aggravated assault and carrying a pistol without a license. Prosecutors have charged James Weems, a retired police officer, with 33 counts of rape and child sex crimes. He’s awaiting trial, and his lawyer, Thomas Plavanic, is declining to comment to reporters. During sentencing, Judge O'Keefe said Shanteari Weems' attack on her husband was premeditated, not spontaneous. Asst. U.S. Attorney La Vater Massie-Banks said police had told her days earlier that they were investigating her husband, and they’d shut down the day care, Lil Kidz Kastle, while they looked into the allegations of child sexual abuse. But Shanteari Weems says police were very vague about the allegations and who was under investigation.

In the first lawsuit of its kind since Roe v. Wade was overturned, a husband seeks damages from women who allegedly helped his ex-wife obtain the medications to terminate her pregnancy.

The long-tailed macaques (Macaca fascicularis) rely on limestone tools to crack oil palm nuts; they use hammerstones and anvils, very much like those used by humankind. As they crack hard nuts, bits of the stones break off, resulting in an assemblage of stone flakes.

HP customers are showing frustration online as the vendor continues to use firmware updates to discourage or, as users report, outright block the use of non-HP-brand ink cartridges in HP printers. HP has already faced class-action lawsuits and bad publicity from "dynamic security," but that hasn't stopped the company from expanding the practice.

Tropical storm Freddy is on track to break the record as the longest-lasting cyclone of its kind, the United Nations said Friday, as the killer storm was set to hit Mozambique once again.

The suspected gunman who fatally shot seven people at a Kingdom Hall of Jehovah’s Witnesses in Hamburg on Thursday night has been identified by German authorities on Friday. Police say 35-year-old Philipp F was responsible for the massacre, with the gunman also taking his own life during the incident. Eight others were injured, including four seriously. A motive for the attack—described by German Chancellor Olaf Scholz as a “brutal act of violence”—remains unclear.

The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed. *The FDIC said in the announcement that insured depositors will have access to their deposits no later than Monday morning. *SVB's branch offices will also reopen at that time, under the control of the regulator. *The FDIC's standard insurance covers up to $250,000 per depositor, per bank, for each account ownership category.

Vallas campaign acknowledged the statements were "offensive" and "should not have been liked."

DUBAI, United Arab Emirates (AP) — Iran and Saudi Arabia agreed Friday to reestablish diplomatic relations and reopen embassies after seven years of tensions.

Exclusive: Decision to make episode about natural destruction available only on iPlayer angers programme-makers

People's general mental health and anxiety symptoms hardly deteriorated at all during the pandemic, research suggests. Most people are resilient and made the best of a difficult situation, it says... The review did not focus on lower-income countries, or children, young people and those with existing problems, the groups most likely affected, experts say, and risks hiding important effects among disadvantaged groups.

A man is in custody after he drove a car through an entrance to the Wilmington International Airport terminal. EDIT to fix picture

Rep. George Santos (R-N.Y.) has been accused of orchestrating a credit card skimming operation in which he schemed to steal information from ATM and credit cards, according to a sworn statement from a former roommate of his obtained by Politico.

The paper in Science—which was co-authored by researchers spanning various institutions—describes a site in Nyayanga, Kenya that dates to 3.032 to 2.581 million years ago. Archeologists have been excavating the site since 2015 and discovered 330 artifacts (including tools), 1776 bones, and two hominin molars—but not belonging to any direct human ancestors.

One of the main concerns is that this same group of researchers published claims of a similar superconductor breakthrough at room temperature, back in 2020. This claim was later retracted by Nature due to issues with reproducibility and questions over the data.