• The AI Cost Crisis Isn’t About Models. It’s About Context.

    After two years of maxing out on AI tools, many organizations are confronting an uncomfortable reality: AI costs don’t scale linearly with adoption.As workflows move beyond simple chatbots to autonomous agents, token consumption has exploded. Although the cost per token has declined, the total number of tokens being processed has increased even faster, driving expenses sharply upward. What many executives assumed would resemble a predictable software subscription has now turned into an infrastructure cost headache that grows with every prompt, workflow, and AI agent deployed.Companies that once encouraged employees to maximize AI usage are now introducing spending caps and closer…

Business

  • ByteDance seeks US$20 billion in its largest-ever offshore loan

    Published Wed, Jun 24, 2026 · 01:15 PM [HONG KONG] ByteDance, the developer of TikTok, is in preliminary talks with banks for a borrowing of about US$20 billion, sources familiar with the matter said, in what would be the firm’s largest offshore loan yet at a time when it’s boosting…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Kazuo Ueda Discharged Hospital Bank of Japan Governor Returns

    Bank of Japan Governor Kazuo Ueda was discharged from the hospital on Friday after nearly two weeks of treatment for an infected liver cyst, the central bank said. Ueda will return to office work on Tuesday while continuing treatment for about two more weeks. The discharge comes days after Ueda…

World

  • Allianz said to lead bidding for HSBC’s Singapore insurance unit

    The transaction, estimated to be up to US$2 billion, could be announced soon: sources Published Sun, Jun 14, 2026 · 08:57 PM ALLIANZ has emerged as the front runner to acquire HSBC Holdings’ Singapore insurance unit, said people familiar with the matter. The German insurer is the likeliest buyer for…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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