Business
Meta Scraps AI Image Feature After Backlash: ‘Missed the Mark’
Meta has removed its Muse Image feature from Instagram after facing backlash from privacy advocates and talent agencies regarding its opt-in policy.
BYD offers full refunds after selling 1,265 vehicles with wrong model years
BYD has committed to providing full refunds to 1,265 Australian customers after the manufacturer admitted to selling 2025-built cars marketed as 2026 models.
Apple sues OpenAI for allegedly stealing trade secrets for hardware project
Apple alleges that OpenAI systematically targeted former employees to obtain confidential technical specifications and documents for its hardware business. OpenAI has denied the claims of intellectual property theft.
EU demands Meta dismantle design features it calls addictive for users
EU regulators have formally accused Meta of using design mechanics like infinite scroll and autoplay, threatening penalties of up to 6% of global turnover. The action marks an escalation in the enforcement of the Digital Services Act regarding user mental and physical health.
SK Hynix shares jump 13 percent in record-breaking US market debut
South Korean chipmaker SK Hynix saw its shares rise 13% during its record-breaking U.S. market debut, signaling strong investor interest in AI memory technology.
Apple sues OpenAI for alleged theft of trade secrets by former employees
Apple is suing OpenAI in federal court, alleging that the company misappropriated hardware trade secrets and recruited over 400 former Apple employees.
Instagram users: Here’s how to stop Meta’s AI from using your photos
Meta's Muse Image tool allows users to generate visuals using public Instagram photos without owner notification. Users can opt out by adjusting settings.
Robinhood shares fall 3% despite Morgan Stanley price target upgrade
Robinhood shares fell during Friday morning trade even as Morgan Stanley raised its price target for the company. Analysts are evaluating the growth of the new Robinhood Chain alongside upcoming second-quarter earnings.
Circle wins final OCC approval to establish national trust bank
Circle Internet Group will operate as a federally regulated national trust bank, shifting from state-level oversight to manage its USDC reserves.
Ryanair passenger injured after cabin window fails on flight from Greece
A flight from Thessaloniki to Memmingen returned to Greece after a cabin window dislodged, causing a rapid decompression and injuring a passenger. Aviation authorities are investigating the incident to determine the cause of the failure.
US-Iran escalation threatens oil supply recovery, warns IEA
Renewed military conflict between the U.S. and Iran has effectively closed the Strait of Hormuz, disrupting up to 14 million barrels of daily oil shipments. The IEA warns this escalation puts projections for global energy market stabilization in jeopardy.
Meta faces potential EU fines and redesign orders over addictive features
Meta faces potential redesign mandates and significant EU fines as regulators identify features like infinite scrolling and autoplay as harmful to user health.
Kusumgar IPO Day 2: Check Latest GMP, subscription status, and other
Kusumgar Ltd.'s ₹650 crore IPO concludes on 10 July 2026, following robust demand across institutional and retail categories. The company serves sectors including aerospace, defence, and automotive.
Ryanair passenger pulled back inside after being sucked out of plane window
A Ryanair flight was forced to make an emergency landing after a window shattered and partially pulled a passenger from the aircraft. Fellow travelers helped pull the man back into the cabin before the plane landed safely.
OpenAI launches ChatGPT Work agent alongside GPT-5.6 model rollout
OpenAI has launched the GPT-5.6 model family and the ChatGPT Work platform, which integrates agents into enterprise tools to automate multi-step projects.
Veteran broadcaster and senator Derryn Hinch dies aged 82
Renowned for his confrontational journalism and later service in the Australian Senate, Derryn Hinch leaves behind a legacy that bridged media and law.
OpenAI AGI chief Fidji Simo steps down to part-time advisor role
Fidji Simo, OpenAI's head of AGI deployment, is transitioning from her full-time role to an advisory position to focus on her health. Her responsibilities will be redistributed among the existing leadership team.
Anika Wells tells Telstra to face the music after nationwide outage
Minister Wells has ordered a formal review into Telstra's network failure, warning the telco that it must work to rebuild trust with its customers.
33 Desserts That Know How to Steal the Spotlight
Interactive and bite‑size desserts are transforming modern celebrations by prioritizing guest engagement and visual flair over traditional cake‑cutting ceremonies.
Xbox CEO Asha Sharma named to Federal Reserve jobs and productivity task force
Xbox CEO Asha Sharma was appointed to a Federal Reserve task force examining AI and jobs, an assignment that has drawn public attention due to her concurrent oversight of a 3,200-person workforce reduction.