Business

Leading AI developers are shifting their focus from raw capabilities to cost efficiency to address the phenomenon of 'tokenmaxxing' in corporate environments.

Tilly's has reduced its store count by 11% as part of a strategy to improve margins and sales. The company reported a 15.9% increase in total net sales.

Severe gas shortages and decaying infrastructure have left Nigeria's national grid struggling to exceed 4,000MW. A report warns that aging power plants and financial crises are deterring investment.

Apple has filed a federal lawsuit alleging that OpenAI systematically misappropriated confidential hardware engineering and supplier data through former employees.

Sydney house prices have entered a period of decline, marking the second largest nominal fall ever recorded for the city. Federal budget reforms and interest rate hikes are cited as primary drivers for the downturn.

Meta has removed a controversial AI tool that allowed users to generate images using public Instagram accounts as references following outcry over likeness protections.

Apple alleges that OpenAI orchestrated a campaign of intellectual property theft, recruiting hundreds of former staff to fuel its own device development.

Meta has released Muse Image, a generative AI tool that can create imagery by referencing public Instagram accounts via @-mentions.

European Commission regulators are demanding a fundamental overhaul of Meta's app designs to combat compulsive behavior and protect user mental health.

A 61-year-old man is in intensive care after a mid-air decompression on a flight from Greece led to a window shattering. The passenger was saved when others pulled him back into the cabin.

The European Commission has ordered Meta to overhaul features like infinite scroll and autoplay or face potential fines for violating the Digital Services Act.

SK hynix began trading on the Nasdaq, raising $26.5 billion amid surging demand for high-bandwidth memory (HBM) chips essential for AI accelerators.

A Serbian man was nearly pulled from a Boeing 737-800 after engine debris shattered a window during a flight from Greece to Germany.

OpenAI executive Fidji Simo is transitioning to a part-time advisor role following medical leave for postural orthostatic tachycardia syndrome (POTS).

Processing times for Canadian citizenship certificates have jumped to 19 months as a backlog of 99,500 applicants grows following the implementation of Bill C-3.

Meta will build a 1-gigawatt data center in Sturgeon County, Alberta, marking its first facility in Canada to support the expanding AI boom.

The South Korean chipmaker's US listing has drawn massive investor interest as it seeks to finance new equipment to meet surging AI chip demand.

The International Monetary Fund warns of a significant economic slowdown as US tariffs and Middle East volatility trigger market instability and rising energy costs.

George E. Johnson Sr., founder of Johnson Products Company and the Afro Sheen line, has passed away at 99. He was an entrepreneur who broke corporate ceilings in finance, media, and beauty.

Australian households are losing millions daily to credit card interest and routine spending inefficiencies as debt levels climb.