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The Token Revolt Goes Mainstream: Palo Alto CEO Demands 90% AI Price Drop
The Token Revolt Goes Mainstream: Palo Alto CEO Demands 90% AI Price Drop
Eight days ago it was Palantir's Alex Karp going ballistic on live television about the "effing insane" economics of renting intelligence by the token. On Thursday it was Palo Alto Networks CEO Nikesh Arora's turn, and while his delivery was calmer, his number was not: Arora told CNBC that AI token prices need to fall as much as 90% before enterprise adoption can actually scale.
So the chief executive of one of the largest cybersecurity companies in the world...
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May 29, 2026 / Tyler Durden
Japan Crude Imports Fall 66% To Record Low
Japan Crude Imports Fall 66% To Record Low
By Tsvetana Paraskova of OilPrice.com
Amid the supply disruption in the Middle East, Japan’s crude oil imports crashed by 66% in April from the same month last year, dropping to an all time low, official Japanese data showed on Friday.
Japan imported 4.07 million kilolitres, or about 850,000 barrels per day (bpd), of crude oil last month, down by 65.7% from the April 2025 levels, the monthly petroleum statistics of the Ministry of Economy, Trade and Industry (METI) showed.
Crude imports from the Middle East...
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Aug 27, 2026 / Tyler Durden
Brasília Makes Friends With Beijing
Brasília Makes Friends With Beijing
Authored by Jake Scott via FEE,
On a Sunday night in late July, Brazil's Luiz Inácio Lula da Silva and China's Xi Jinping spoke for more than an hour. It was cordial and faintly triumphant, with the two governments announcing their intention to accelerate a long-stalled China-Mercosur trade agreement. Alongside this, there are plans to deepen cooperation on satellites and critical-minerals processing, and waive short-stay visa requirements.
Image Credit: Custom image by FEE
This marks a serious change for Brazil. For years, it was Brasília that had...
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May 27, 2026 / Tyler Durden
Federal Government Floats NDAs For Employees In Leak Crackdown
Federal Government Floats NDAs For Employees In Leak Crackdown
Authored by Zachary Stieber via The Epoch Times,
President Donald Trump's administration on May 26 floated a non-disclosure agreement (NDA) for federal employees who have access to what the government described as sensitive information.
The logo of the Office of Personnel Management in Washington on Feb. 13, 2025. Tierney L. Cross/Reuters
The proposed NDA says that employees may access "non-public, confidential, or proprietary information," such as personal health information and details relating to agency operations.
It states that employees understand they are required to follow...
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