Author: openjargon

  • This startup bucked mainstream robotics training methods to teach a robot how to load the dishes

    Sunday
    Sunday, a robotics company, trained a robot to handle common household tasks like loading the dishwasher and making an espresso.

    • Sunday Robotics, a robotics startup, spent less than 2 years in stealth, developing a home robot named Memo.
    • Memo can autonomously clear the dinner table and load the dishwasher, the startup said.
    • CEO Tony Zhao said his company achieved the feat by using gloves that mimic the robot's hands.

    Everyday tasks like clearing the dinner table and loading the dishwasher are a major dexterity challenge for home robots that can require a lot of training data and capital.

    A new startup says it spent less than two years and a fraction of the costs to figure it out.

    On Thursday, Sunday Robotics emerged from stealth to demonstrate Memo, a fully autonomous home robot on wheels that can complete household tasks.

    A video posted on X by the company's cofounder, Tony Zhao, showed Memo move from the dining room to the kitchen to clear the table of dishes and load them in the dishwasher. The company said Memo was conducting the task autonomously.

    One other feat included Memo picking up two wine glasses, which can be notoriously fragile, with one hand. The robot also folded socks and loaded up an espresso machine.

    Sunday Robotics, also known as Sunday, was founded in April 2024 by Zhao and Cheng Chi, both of whom have a background in robotics.

    Memo
    Sunday has more than 500 data collectors across the US training the startup's robot, Memo.

    "Today, we present a step-change in robotic AI," Zhao said in an X post. The cofounder added that Memo broke zero wine glasses over more than 20 live demo sessions.

    To get a robot to interact with common household items — some of which can be delicate — is a crucial benchmark for dexterity in the world of robotics.

    For one, replicating the human hand, which has thousands of touch receptors, is a challenging engineering feat in itself. Tesla CEO Elon Musk said as much in the company's latest earnings call in October.

    The information used to train robots is also a major bottleneck.

    Many companies have turned to teleoperations, in which a human controls a robot via joysticks or various controllers, to teach robots. Other companies are experimenting with synthetic data and simulations.

    Sunday doesn't use any of those widely accepted methods. Instead, the startup's cofounder said the company built a proprietary glove that mimics the shape of the Memo's Lego-like hands.

    A human wears the gloves and completes specific tasks, which will provide data to Memo such as the amount of force used to pick up an object.

    Zhao said that this method presents a more efficient and cost-effective means of training robots. In an X post, he said the glove gives "two orders of magnitude higher capital efficiency compared to teleoperation ($200 vs $20,000)."

    Zhao added that this is also scalable since data can be collected anywhere without having to lug Memo around. The startup has more than 500 human data collectors across the US, providing training data for Memo.

    "In robotics, if the only thing we can rely on is teleoperation, to gather the amount of training data it would take like decades for sure," Zhao said in an interview with "TBPN."

    Read the original article on Business Insider
  • CEO Sundar Pichai’s cheeseburger flex sums up Google’s amazing comeback

    Google CEO Sundar Pichai
    Google CEO Sundar Pichai

    • Google's Gemini 3 and Nano Banana Pro showcase major advances in generative AI technology.
    • The new AI models demonstrate improved spatial reasoning, fixing past image generation flaws.
    • Google's AI progress reestablishes its leadership in tech and boosts the company's value.

    In 2017, Google was criticized for a bad emoji. This week, CEO Sundar Pichai fixed it. How he did this says a lot about the progress Google has made in generative AI.

    The internet giant schooled the rest of the tech industry when it launched its latest model, Gemini 3, on Tuesday. It followed that up by rolling out an upgraded image-generation tool called Nano Banana Pro, which is churning out impressive, realistic pictures, diagrams, and charts.

    Google proved that AI scaling laws still work, just as its rivals are being questioned. The stock jumped to a record, making the company worth more than Microsoft.

    This is all a long way from 2017. Back then, Google rolled out a cheeseburger emoji for Android smartphones. It had the cheese under the meat. Absolute scandal.

    Pichai apologized and said Google would get working on a fix immediately, in a joking kind of way.

    Fast forward to this week with the launch of Gemini 3 and Nano Banana Pro.

    These new AI models are much better at creating and rendering images. Their understanding of 3D space and how the world works, physics-wise, has improved so much that they now absolutely nail the cheeseburger stack.

    Pichai tweeted an AI-generated image out to prove the point, writing "iykyk" as a nod to the 2017 furor. As you can see, the earth has been set back on its correct axis, and we can all calm down: the cheese is above the meat.

    OK, it's time to get serious. Why am I telling you this?

    The ability of AI models to innately understand where stuff should go in the world is really important.

    "Normally, AI models struggle with spatial orientation, particularly with respect to the relative position of objects," Balaji Srinivasan, a tech investor and former Coinbase CTO, wrote on X after Pichai's latest burger post. "But this image (if rendered by Gemini 3) seems to resolve that issue, as the exact spatial positioning of the cheese is handled correctly and precisely."

    If AI models can know where cheese should go in a burger, they might also know where more important stuff should be in the real world. That could mean better machine decision-making in design, engineering, and other fields.

    One theoretical example: A safety barrier likely needs to be placed in the right spot on the corner of a road. Maybe AI models can guide workers to put this structure in exactly the best spot, down to the millimeter.

    There's another takeaway from this eight-year cheeseburger saga. Google has been criticized for being behind in generative AI, and this week's releases have finally put those questions to bed.

    Powerful products like Gemini 3 take many years, and a lot of technical research and plumbing, to pull off. Google has been working at this for a very long time, and Pichai has been pushing the company toward an AI-first mindset for about a decade. Now the fruits of these labors are showing through.

    "Google really did drop everything they were doing to truly focus on AI. And Gemini 3 represents the moment when they actually retook the lead, at least for now," Srinivasan wrote. "When combined with Sundar doubling Google's revenue to $100B, he's proven he can lead Google to unprecedented heights both technologically and commercially."

    "Hence: iykyk. If you know, you know," he added.

    Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com.

    Read the original article on Business Insider
  • The best ASX ETFs to buy and hold for 20 years

    A man walks up three brick pillars to a dollar sign.

    If you want to build serious long-term wealth, one of the smartest strategies is to buy a handful of high-quality ASX ETFs and simply hold them for decades.

    A 20-year investing horizon gives compounding the freedom to work its magic, smoothing out the bumps and capturing the long-run performance of global markets.

    The good news for Australian investors is that the ASX offers world-class ETFs that provide instant diversification across many of the most innovative stocks and strongest economies on the planet.

    If you’re looking to set up a portfolio you won’t need to tinker with for a very long time, the following three ASX ETFs are hard to beat.

    iShares S&P 500 ETF (ASX: IVV)

    When it comes to long-term wealth creation, it is hard to look beyond the US market.

    The iShares S&P 500 ETF tracks the S&P 500 index, giving investors a slice of America’s 500 largest stocks. These are the businesses driving innovation in technology, healthcare, consumer spending, and industrials.

    This includes giants such as Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Tesla (NASDAQ: TSLA), and Walmart (NYSE: WMT). These companies have shaped global consumer behaviour, created new industries, and consistently reinvested into product development and growth. For a 20-year investment horizon, it is arguably a must-have building block.

    Betashares India Quality ETF (ASX: IIND)

    India is increasingly being viewed as one of the world’s most exciting long-term economic growth stories. With a young population, a rapidly expanding middle class, modernising infrastructure, and booming digital adoption, the country is expected to be one of the fastest-growing major economies for decades.

    The Betashares India Quality ETF focuses specifically on high-quality Indian companies with strong fundamentals. Its portfolio includes leading names such as Infosys (NYSE: INFY), Tata Consultancy Services (NSEI: TCS), and HDFC Bank (NSEI: HDFCBANK). These are businesses benefitting from both domestic expansion and the global outsourcing boom.

    India is still early in its economic development cycle compared to Western markets, meaning its long-term runway could be significantly larger. For Australian investors wanting emerging-market growth without taking on excessive risk, this fund offers a blend of quality, diversification, and future upside. It was recently named as one to consider buying by analysts at Betashares.

    Betashares Global Shares Ex-US ETF (ASX: EXUS)

    If you have your US exposure sorted, then it could be worth looking at the new Betashares Global Shares Ex-US ETF.

    This ASX ETF gives investors exposure to more than 900 large and mid-cap stocks across 22 developed markets outside the US and Australia.

    Its top holdings include ASML (NASDAQ: ASML), Roche (SWX: ROG), AstraZeneca (LSE: AZN), Nestlé (SWX: NESN), and SAP (ETR: SAP). These are global leaders in semiconductors, pharmaceuticals, consumer goods, and enterprise software.

    This fund balances a long-term portfolio by reducing concentration in American technology stocks and increasing exposure to financials, industrials, healthcare, and consumer defensives. It was also recently named as one to consider buying by the fund manager.

    The post The best ASX ETFs to buy and hold for 20 years appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Betashares Global Shares Ex Us Etf right now?

    Before you buy Betashares Global Shares Ex Us Etf shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Betashares Global Shares Ex Us Etf wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ASML, Alphabet, Amazon, Microsoft, Nvidia, Tesla, Walmart, and iShares S&P 500 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended AstraZeneca Plc, HDFC Bank, Nestlé, and Roche Holding AG and has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has recommended ASML, Alphabet, Amazon, Microsoft, Nvidia, and iShares S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Trump says he’d feel comfortable living in Zohran Mamdani’s NYC

    Zohran Mamdani and Donald Trump
    "I think you're going to have, hopefully, a really great mayor," Trump told reporters as Mamdani stood beside him.

    • Trump met with Zohran Mamdani in the Oval Office — and had only nice things to say afterwards.
    • Trump said he shared goals and ideas with the mayor-elect, including addressing affordability.
    • He also said he would feel comfortable living in the city under Mamdani's administration.

    Zohran Mamdani appears to have charmed Donald Trump.

    Following a meeting with the New York City mayor-elect in the Oval Office on Friday afternoon, the president had nothing but nice things to say about the man whose politics couldn't be different than his.

    "I think you're going to have, hopefully, a really great mayor," Trump told reporters as Mamdani stood beside him. "He's going to surprise some conservative people, actually."

    It marked a striking reversal in Trump's rhetoric toward the Democratic socialist state assemblyman. In recent months, the president had derided Mamdani as a "communist," urged New Yorkers to support his chief opponent, former Gov. Andrew Cuomo, and had even threatened to cut off federal funding to the city if Mamdani were elected mayor.

    On Friday, all of that seemed to be buried.

    Mamdani sounded a conciliatory note, pointing out that he and Trump shared many voters and that both had run campaigns based on addressing affordability concerns.

    "We spoke about rent, we spoke about groceries, we spoke about utilities," Mamdani said. "We spoke about the different ways in which people are being pushed out."

    Trump described Mamdani as "rational," said that he "really wants to see New York be great again," and said he and the mayor-elect shared many of the same goals. Most significantly, Trump pledged to work with Mamdani, saying he expects "to be helping him, not hurting him."

    At one point, Trump — who was born in raised in New York City — even said that he would feel comfortable living in the city with Mamdani as mayor.

    "Absolutely," Trump said. "I want him to do a great job, and we'll help him do a great job."

    The two men seemed to find one particular point of agreement: the rates charged by Con Edison, the main energy provider in the New York City area.

    "We've gotten fuel prices way down, but it hasn't shown up in Con Edison," Trump said. "We have to get Con Edison to start lowering their rates."

    "Absolutely," Mamdani added.

    In some ways, the mutual respect isn't completely unexpected. Both men have shown an ability to garner and hold attention in the modern media environment, which Trump acknowledged at one point when speaking to reporters.

    "The press has eaten this thing up," Trump said. "You know, outside, you have hundreds of people waiting."

    "He's different than, you know, your average candidate," Trump added. "He came out of nowhere."

    The president even sought to smooth things over when a reporter asked Mamdani if he considers the president to be a fascist. As Mamdani began to answer, a smiling Trump interjected.

    "That's okay, you can just say yes," he said. "It's easier than explaining it. I don't mind."

    Read the original article on Business Insider
  • Wisconsin’s ‘snowiest’ ski resort files for bankruptcy in a bid for survival

    skiers on a lift.
    A Wisconsin ski resort has filed for Chapter 11 bankruptcy protection.

    • A decades-old Wisconsin ski resort has filed for Chapter 11 bankruptcy protection.
    • Back-to-back winters of "extremely low" snowfall gutted the resort's revenues, lawyers said.
    • The Chapter 11 filing "provides a path forward" for the popular Whitecap Mountains Resort.

    A popular Wisconsin ski resort that has been around since the 1960s has filed for Chapter 11 bankruptcy protection as it fights to survive another winter on the slopes.

    Midwest Skiing Company LLC, which owns and operates the Whitecap Mountains Resort in Upson, Wisconsin, said in court papers that it filed for bankruptcy on Wednesday after back-to-back winters with "extremely low" snowfall gutted its revenue and left it buried in debt.

    The resort, with 43 ski runs across 400 acres, has been touted as the "snowiest ski resort in Wisconsin," a court filing in its bankruptcy case said, adding that Whitecap Mountain annually gets "some of the highest snowfall in the state making for excellent conditions and regular powder days."

    However, the past two winters have brought little of the snow that built the resort's reputation.

    Snowfall at the resort plummeted from 260 inches in the 2022-2023 season to less than 30 inches the next winter, slashing revenue from roughly $1.4 million to about $197,000, the court papers said. The most recent season brought less than 60 inches of snow and only about $532,000 in total revenue.

    "The low revenue in 2023 put the Debtor in a position where it needed additional funding to cover its revenue shortage," said the filing. "While the Debtor survived the 2023-24 season, it required short-term financing to bridge the gap until the next ski season and payoff several expenses."

    Lender declared resort 'in default'

    The resort — which is all-season, but known for its skiing — turned to private lender Brighton Asset Management for a short-term loan to help it get by. Another "slow" 2024-2025 season prevented the resort's owner from extending or refinancing the loan, the court papers say.

    Brighton said Midwest Skiing Company was "in default" on about $1.86 million in debt and, through a lawsuit, moved to foreclose on the resort's property, according to the court motion seeking approval to use cash collateral.

    A court ruled in favor of Brighton in August.

    Midwest Skiing Company filed a Chapter 11 bankruptcy "to put a stop to the collection efforts and speculation within its community and among customers over the upcoming snow season," the filings said.

    "The automatic stay under the bankruptcy code stops Brighton from moving forward with collection through foreclosure or replevin," attorneys for Midwest Skiing Company wrote in the filing.

    Customers and employees "can be confident," the filing said, that Midwest Skiing Company "will retain control and continue operations through the upcoming snow season."

    In its bankruptcy petition, Midwest Skiing Company estimated its assets as between $1 million and $10 million, with the same range for its estimated liabilities.

    Attorneys for the company wrote in court papers that the Chapter 11 filing "provides a path forward" for the resort "to continue its operations for years to come under a plan of reorganization."

    The court papers say that Midwest Skiing Company — which has been owned by ski and hospitality industry veteran David Dziuban since 2008 — merged this week with Glebe Mountains, Inc., allowing for a "more efficient and less costly reorganization."

    Attorneys for Midwest Skiing Company and Brighton did not immediately respond to requests for comment by Business Insider on Friday.

    Read the original article on Business Insider
  • How much upside does Macquarie predict for Sonic Healthcare shares?

    Research, collaboration and doctors working digital tablet, analysis and discussion of innovation cancer treatment. Healthcare, teamwork and planning by experts sharing idea and strategy for surgery.

    Sonic Healthcare Ltd (ASX: SHL) shares were among the best performers on the S&P/ASX 200 Index (ASX: XJO) this past week.

    Shares in the ASX 200 global pathology provider closed up 0.6% on Friday, trading for $22.98 apiece. This put the share price up 7.8% in a week that saw the benchmark Aussie index close down 2.5%.

    Longer-term, Sonic Healthcare shares remain down 16.6% over 12 months, trailing the 1.1% one-year gains delivered by the ASX 200.

    Though that’s not including the $1.07 a share in partly franked dividends the healthcare stock has paid out over this time. At Friday’s closing price, Sonic Healthcare stock trades on a partly franked trailing dividend yield of 4.7%.

    Which brings us back to our headline question.

    Following on this past week’s gains, what target does Macquarie Group Ltd (ASX: MQG) have on the stock?

    What’s the outlook for Sonic Healthcare shares?

    Much of the ASX 200 healthcare stock’s outperformance this past week came on the heels of the company’s annual general meeting (AGM) on Thursday, where management also provided an FY 2026 trading update through to October.

    Sonic Healthcare shares closed up 6.3% on the day, with the company reaffirming that it’s on track to meet its FY 2026 earnings before interest, taxes, depreciation and amortisation (EBITDA) guidance. Management is forecasting full-year EBITDA will come in between $1.87 billion and $1.95 billion (on a constant currency basis).

    If Sonic Healthcare achieves the higher end of that range, that would represent a 12.7% EBITDA increase from FY 2025.

    Taking a closer look at Sonic’s FY 2026 guidance, Macquarie noted:

    SHL expects a 2H26 weighting to their EBITDA at ~54-55%, which is “consistent with historical weighting due to seasonality”. We expect pathology margin dilution in FY26E vs FY25 due to SHL’s recent margin-dilutive acquisitions (LADR, Swiss businesses, UK contract).

    The broker added:

    SHL expects the US Protecting Access to Medicare Act (PAMA) to be deferred or cancelled, with guidance excluding the potential ~A$15m impact of fee reductions in US from January 2026 (in line with previous guidance commentary).

    Following Thursday’s update, Macquarie maintained a neutral rating on Sonic Healthcare shares.

    Still, the broker has a 12-month price target of $25.20 a share for the ASX 200 healthcare stock. That represents a potential upside of almost 10% from Friday’s closing price. And it doesn’t include those two upcoming dividends.

    Macquarie concluded:

    While acknowledging potential synergy benefits from recent acquisitions, we note margin headwinds and elevated leverage in the near term. Further, risks remain around PAMA, Fair Work decision and full impacts from fee cuts.

    The post How much upside does Macquarie predict for Sonic Healthcare shares? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Macquarie Group Limited right now?

    Before you buy Macquarie Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Macquarie Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Sonic Healthcare. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • How to make $50,000 of passive income a year from ASX shares

    A young couple hug each other and smile at the camera standing in front of their brand new luxury car

    Many passive income articles start with the same formula: work out the yield you need, divide your income target by that number, and you are done.

    But building a real $50,000 annual income stream from the share market isn’t a neat spreadsheet exercise, it is a journey.

    It rarely happens in a straight line, and the smartest investors don’t aim for income first. They build their portfolio up before they take from it.

    Here’s a more practical and realistic approach to creating a $50,000-a-year passive income stream from ASX shares.

    Forget income at the beginning

    It may sound counterintuitive, but the biggest mistake income investors make is chasing high dividend yields too early. High-yield portfolios often grow slowly, and that slows down the overall process.

    If you want $50,000 a year in the future, you first need a large, fast-growing portfolio now. That might mean investing heavily in a blend of blue-chip compounders and broad-market ETFs. Think of businesses like TechnologyOne Ltd (ASX: TNE), NextDC Ltd (ASX: NXT), ResMed Inc (ASX: RMD), and global ETFs like the Betashares Nasdaq 100 ETF (ASX: NDQ) and the Vanguard MSCI Index International Shares ETF (ASX: VGS).

    These shares won’t throw off big income today, but they will grow your capital far faster than traditional high-yield stocks.

    Importantly, the bigger your compounding base, the less you need to rely on chasing ultra-high yields later.

    Let’s imagine you build your portfolio to around $700,000 to $1 million, the income problem becomes dramatically easier.

    At a 5% dividend yield, which is achievable through a diversified mix of dividend shares such as banks, infrastructure, supermarkets, REITs, and LICs, a $1 million portfolio generates $50,000 a year.

    Starting at zero, with a 10% average annual return, it would take approximately 23 years to grow a portfolio to $1 million if you could invest $1,000 a month into ASX shares.

    You could get there sooner if you can afford to put more into the share market each month, or deliver even greater returns.

    Passive income

    Once your portfolio is large enough, you can begin shifting toward dependable dividend payers.

    This is where high-quality income shares come in. Companies like Woolworths Group Ltd (ASX: WOW), Transurban Group (ASX: TCL), APA Group (ASX: APA), Coles Group Ltd (ASX: COL), and Telstra Group Ltd (ASX: TLS) typically offer stable, predictable payouts.

    You might also incorporate dividend-focused ETFs such as Vanguard Australian Shares High Yield ETF (ASX: VHY) or income LICs.

    At this stage, reinvesting dividends is no longer essential. income becomes the goal. But the portfolio you built from years of growth means you don’t need unrealistic yields or risky stocks to hit your $50,000 target.

    Foolish takeaway

    Making $50,000 a year in passive income from ASX shares isn’t about finding the highest-yielding stock or building the perfect dividend portfolio straight away. It is a multi-stage strategy.

    You grow the capital first, you build the income second, and then you sit back and watch the money roll in year after year.

    The post How to make $50,000 of passive income a year from ASX shares appeared first on The Motley Fool Australia.

    Should you invest $1,000 in APA Group right now?

    Before you buy APA Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and APA Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF, Nextdc, ResMed, Technology One, and Woolworths Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF, ResMed, Technology One, and Transurban Group. The Motley Fool Australia has positions in and has recommended Apa Group, BetaShares Nasdaq 100 ETF, ResMed, Telstra Group, Transurban Group, and Woolworths Group. The Motley Fool Australia has recommended Technology One, Vanguard Australian Shares High Yield ETF, and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • 2 ASX shares to buy and hold for the next decade

    Green stock market graph with a rising arrow symbolising a rising share price.

    Investing for the long term (such as a decade) makes a lot of sense for wealth building, thanks to the power of compounding and the strong financial performance of good ASX shares.

    Some of the best companies on the ASX (and globally) have delivered significant returns thanks to their ability to grow their revenue at a strong pace and typically deliver rising profit margins.

    Investors typically value a business based on its profitability. So, if it’s able to deliver exceptional profit growth in the coming years, it could deliver really exciting returns for investors.

    I’m going to talk about two ASX share investments I believe could be top performers over the next decade.

    Tuas Ltd (ASX: TUA)

    This ASX share is one of the most promising S&P/ASX 300 Index (ASX: XKO) shares, in my view. It’s a Singaporean telecommunications business with significant growth potential.

    I like businesses that are growing quickly and have the potential to become significantly larger. Tuas recently reported its FY25 result, which revealed 29% revenue growth to $151.3 million, with mobile subscribers jumping by around 200,000 to 1.25 million.

    Pleasingly, the company continues to demonstrate increasing profitability as it grows. Operating profit (EBITDA) grew by 38% in FY25, with the EBITDA margin rising to FY25, up from 42% in FY24. I’m expecting the company’s profit margins to continue climbing as it adds more subscribers.

    Tuas points to sustained growth, with market-leading inclusions at each price point. It also expanded its sales channels to include Changi Airport terminals and 7-Eleven stores. The ASX share also has a small but growing broadband division, which could grow into something meaningful in the coming years.

    The business said it continues to invest capital expenditure to support subscriber growth and expand 5G coverage.

    Finally, the ASX share’s acquisition of a Singaporean competitor, M1, also adds significant profitability to the business.

    VanEck Morningstar Wide Moat ETF (ASX: MOAT)

    Exchange-traded funds (ETFs) can be just as good a growth option as an individual business.

    The MOAT ETF is one of my favourite ideas because of the types of businesses it invests in.

    It focuses on quality US companies that Morningstar believes possess sustainable competitive advantages or have wide economic moats.

    An economic moat is the sort of advantage(s) that a company has to fight off competitors. That could be brand power, network effects, cost advantages, intellectual property, licenses and so on.

    A ‘wide’ economic moat means the analysts think the business is more likely than not to generate excess profits for at least the next 20 years.

    The other element of the investment strategy is to target companies trading at attractive prices relative to Morningstar’s estimate of the fair value of the business.

    This results in the entire portfolio consisting of high-quality businesses that are trading at a good value and may be undervalued. I’m calling this an ASX share because it’s about investing in shares, and we can buy it on the ASX.

    I like how the portfolio is diversified across various sectors such as healthcare, industrials, IT and consumer staples.

    Past performance is not a guarantee of future returns, but having said that, it has delivered an average return per year of 16.6% over the last five years.

    The post 2 ASX shares to buy and hold for the next decade appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Tuas Limited right now?

    Before you buy Tuas Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Tuas Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 18 November 2025

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    Motley Fool contributor Tristan Harrison has positions in Tuas. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended VanEck Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Here are the 20 best cities in the world to live in or visit

    An aerial view of Hong Kong.
    Hong Kong.

    • Resonance, a data and research firm, released its annual ranking of the world's best cities.
    • The company compared more than 400 cities worldwide with populations exceeding 1 million.
    • The top cities include popular hotspots, but you'll be surprised at some that didn't make the cut.

    There's a big world out there to explore. If you haven't made your 2026 travel plans yet, we'll help you narrow down where to head next.

    Resonance, a data and research firm, has released its Best Cities report, an annual ranking that spotlights the globe's most influential and economically thriving cities.

    To identify the best places to live and visit, the company compared over 400 cities with populations exceeding 1 million. It scored each city on three factors: livability, lovability, and prosperity — using measures such as the number of family-friendly attractions, walkability, public transit quality, nightlife, overall economic health, and more.

    Resonance also analyzed user-generated data from platforms such as Google, Instagram, and TikTok to gauge appeal.

    The top cities of 2026 are familiar names across Europe, the US, and Asia, with one in the Middle East. Surprisingly, a few popular tourist hubs, such as Mexico City and Miami, didn't even crack the top 20. Read below to find out which cities did.

    Business Insider included population data from Resonance, alongside housing and dining data from Numbeo, a crowdsourced comparison website that provides detailed cost-of-living information for major cities worldwide.

    20. Istanbul
    An aerial view of Istanbul.
    Istanbul.

    • Population: 14,206,000
    • Monthly costs for a single person (excluding housing): $714.60
    • Average monthly rent for a one-bedroom home in the city center: $964.04
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $47.20
    • Cost of a cappuccino: $3.81
    19. Hong Kong
    The city of Hong Kong.
    Hong Kong.

    • Population: 7,617,000
    • Monthly costs for a single person (excluding housing): $1,081
    • Average monthly rent for a one-bedroom home in the city center: $2,318.18
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $70.64
    • Cost of a cappuccino: $5.14
    18. São Paulo
    A skyline view of São Paulo
    São Paulo.

    • Population: 22,421,000
    • Monthly costs for a single person (excluding housing): $636.60
    • Average monthly rent for a one-bedroom home in the city center: $668.09
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $38.36
    • Cost of a cappuccino: $2.14
    17. Toronto
    A skyline view of Toronto.
    Toronto

    • Population: 7,605,000
    • Monthly costs for a single person (excluding housing): $1,088.50
    • Average monthly rent for a one-bedroom home in the city center: $1,685.81
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $85.40
    • Cost of a cappuccino: $3.91
    16. Shanghai
    Skyline view of Shanghai
    Shanghai.

    • Population: 28,482,000
    • Monthly costs for a single person (excluding housing): $588.30
    • Average monthly rent for a one-bedroom home in the city center: $908.02
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $32.33
    • Cost of a cappuccino: $3.14
    15. Beijing
    Skyline picure of Beijing.
    Beijing.

    • Population: 21,312,000
    • Monthly costs for a single person (excluding housing): $578.20
    • Average monthly rent for a one-bedroom home in the city center: $984.62
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $28.11
    • Cost of a cappuccino: $2.86
    14. Amsterdam
    An overview of Amsterdam.
    Amsterdam

    • Population: 2,989,000
    • Monthly costs for a single person (excluding housing): $1,330.10
    • Average monthly rent for a one-bedroom home in the city center: $2,459.87
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $115.28
    • Cost of a cappuccino: $4.92
    13. Seoul
    The skyline of Seoul, Korea.
    Seoul.

    • Population: 24,160,000
    • Monthly costs for a single person (excluding housing): $1,034.80
    • Average monthly rent for a one-bedroom home in the city center: $868.77
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $54.47
    • Cost of a cappuccino: $3.61
    12. Los Angeles
    Skyline of Los Angeles.
    Los Angeles.

    • Population: 12,928,000
    • Monthly costs for a single person (excluding housing): $1,348.80
    • Average monthly rent for a one-bedroom home in the city center: $2,555.26
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $100.00
    • Cost of a cappuccino: $5.74
    11. Sydney
    Sydney, Australia skyline and harbor
    • Population: 5,450,000
    • Monthly costs for a single person (excluding housing): $1,134.50
    • Average monthly rent for a one-bedroom home in the city center: $2,197.54
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $81.61
    • Cost of a cappuccino: $3.52
    10. Barcelona
    An aerial view of Barcelona.
    Barcelona.

    • Population: 5,094,000
    • Average monthly rent for a one-bedroom home in the city center: $1,549.23
    • Monthly costs for a single person (excluding housing): $911.3
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $69.17
    • Cost of a cappuccino: $2.96
    9. Berlin
    Downtown Berlin.
    Berlin.

    • Population: 5,106,000
    • Monthly costs for a single person (excluding housing): $1,140.7
    • Average monthly rent for a one-bedroom home in the city center: $1,420.68
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $72.05
    • Cost of a cappuccino: $4.44
    8. Dubai
    Dubai skyline
    Dubai has one of the world's biggest expat populations.

    • Population: 6,000,000
    • Average monthly rent for a one-bedroom home in the city center: $2,458.65
    • Monthly costs for a single person (excluding housing): $1,128.6
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $81.69
    • Cost of a cappuccino: $5.85
    7. Rome
    The skyline in Rome, Italy.
    Rome.

    • Population: 4,306,000
    • Monthly costs for a single person (excluding housing): $1,022.6
    • Average monthly rent for a one-bedroom home in the city center: $1,447.95
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $80.69
    • Cost of a cappuccino: $2.09
    6. Singapore
    The Singapore skyline.
    Singapore.

    • Population: 6,038,000
    • Monthly costs for a single person (excluding housing): $1,126.1
    • Average monthly rent for a one-bedroom home in the city center: $2,967.40
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $68.86
    • Cost of a cappuccino: $4.67
    5. Madrid
    The Cibeles Fountain and Gran Vía Street in Madrid.
    Madrid.

    • Population: 6,983,000
    • Monthly costs for a single person (excluding housing): $929.20
    • Average monthly rent for a one-bedroom home in the city center: $1,512.80
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $69.17
    • Cost of a cappuccino: $3.24
    4. Tokyo
    An aerial view of Tokyo.
    Tokyo.

    • Population: 36,635,000
    • Monthly costs for a single person (excluding housing): $930.3
    • Average monthly rent for a one-bedroom home in the city center: $996.97
    • Cost of a three-course meal for two at a mid-range restaurant (excluding drinks): $41.95
    • Cost of a cappuccino: $3.26
    3. Paris
    An aerial view of Paris.
    Paris.

    • Population: 13,171,000
    • Monthly costs for a single person (excluding housing): $1,206.80
    • Average monthly rent for a one-bedroom home in the city center: $1,609.17
    • Cost of a three-course meal for two at a mid-range restaurant: $74.93
    • Cost of a cappuccino: $5.01
    2. New York
    Aerial view of New York City.
    New York City.

    • Population: 19,940,000
    • Monthly costs for a single person (excluding housing): $1,668.60
    • Average monthly rent for a one-bedroom home in the city center: $4,142.86
    • Cost of a three-course meal for two at a mid-range restaurant: $145
    • Cost of a cappuccino: $5.72
    1. London
    An aerial view of London.
    London.

    • Population: 12,451,000
    • Monthly costs for a single person (excluding housing): $1,393.7
    • Average monthly rent for a one-bedroom home in the city center: $3,112.03
    • Cost of a three-course meal for two at a mid-range restaurant: $104.58
    • Cost of a cappuccino: $5.27
    Read the original article on Business Insider
  • The 17 biggest controversies in the history of Miss Universe

    miss universe wrong crown 2015
    Miss Universe has faced many controversies over the years.

    • The Miss Universe pageant took place in Thailand on Friday local time.
    • The 2025 winner, Miss Mexico Fátima Bosch, was crowned after some drama-filled weeks for the pageant.
    • The Miss Universe Organization has been no stranger to controversy since its inception.

    A new Miss Universe has officially been crowned.

    Over 100 women gathered in Bangkok in November to compete for the Miss Universe title, strutting on the stage in ball gowns, swimsuits, and costumes. The competition concluded on Friday morning local time, with Miss Mexico Fátima Bosch being crowned the new winner.

    The weeks leading up to the finale were full of drama, from a contestant falling off the stage to a pageant director yelling at Bosch.

    However, scandal isn't unfamiliar to the Miss Universe Organization, which has had its share of ups and downs since its inception in 1952.

    Take a look back at some of the most controversial moments in the pageant's history.

    Mary Leona Gage wasn't allowed to compete at Miss Universe in 1957 after judges discovered she had lied during Miss USA.
    Miss USA 1957 Leona Gage sits on a throne with a tiara, scepter, and robe.
    Miss USA 1957.

    Mary Leona Gage won the Miss USA pageant in 1957 and was supposed to represent the United States at Miss Universe.

    However, as The Baltimore Sun reported, Gage's title and crown were revoked the day after she won the pageant because the Miss Universe organization discovered that she was married, had two children, and had lied about being 18 when she was actually 21. The pageant did not allow contestants to be married or have children until 2023.

    In 2005, Gage told The Baltimore Sun that she had competed in the Miss USA pageant in the hopes of escaping her husband, whom she had married at the age of 14.

    Bob Barker resigned as host of the pageant after 21 years in 1987.
    Bob Barker and Miss Universe 1985 stand on a stage.
    Bob Barker and Miss Universe 1985.

    Bob Barker served as host of both the Miss USA pageant and the Miss Universe pageant from 1966 to 1987.

    But Barker was a staunch animal rights activist, so he took issue with the Miss Universe organization giving Miss USA and Miss Universe contestants fur coats as part of their prizes, as The Los Angeles Times reported. In 1987, he told the organization that he would not host the events in the future if the pageant continued to give contestants fur coats as part of their prize winnings.

    The organization agreed to substitute the coats for faux fur options in 1987, so Barker hosted both pageants.

    However, in 1988, Miss Universe planned to offer contestants fur coats again, so Barker resigned as host for good, The New York Times reported.

    In 1994, the pageant stripped Miss Puerto Rico of her title after she competed at Miss Universe.
    A group of contestants at the 1994 Miss Universe pageant.

    As the Orlando Sentinel reported, Brenda Robles was secretly pregnant when she competed at the Miss Universe pageant, and the organization revoked her Miss Puerto Rico title and crown when they discovered she was with child.

    The outgoing Miss Universe, Dayanara Torres, was also from Puerto Rico. She crowned Miss India Sushmita Sen during the 1994 pageant.

    Donald Trump criticized Miss Universe Alicia Machado after she won the pageant in 1996.
    Donald Trump shakes hands with Alicia Machado as she sits on an exercise machine.

    Machado was crowned Miss Venezuela in 1995 before going on to win the 1996 Miss Universe pageant. She was just 18 years old at the time.

    As The New York Times reported in 2016, Machado gained weight after she was crowned queen. She said she requested emotional and medical support from the pageant and was then made to exercise in front of the press by the Miss Universe Organization and Donald Trump, who was an executive producer for the pageant at the time.

    "This is somebody who likes to eat," he told reporters of Machado during the incident.

    After Hillary Clinton pointed to Trump's criticism of Machado — saying he called her "Miss Piggy" and "Miss Housekeeping" because of her Venezuelan heritage — during a 2016 presidential debate, Trump stood behind his statements, as Business Insider previously reported. During a September 2016 "Fox and Friends" segment, he said Machado "gained a massive amount of weight, and it was a real problem."

    Machado responded to Trump in a press conference organized by Clinton's campaign, saying she developed bulimia and anorexia because of Trump's treatment.

    "He always treated me like garbage," she said.

    Miss Lebanon dropped out of the pageant in 2002 because of global politics.
    Miss Lebanon 2002 Christina Sawaya waves with a tiara on her head.

    Christina Sawaya was crowned Miss Lebanon in 2002. But unlike other champions that year, she did not go on to appear at the Miss Universe pageant.

    As CNN reported, Sawaya wanted to avoid competing alongside Miss Israel amid mounting tensions between the countries.

    In 2008, Miss Puerto Rico Ingrid Marie Rivera alleged that her makeup and clothes were pepper-sprayed during the pageant.
    A photo of Miss Puerto Rico 2008 Ingrid Rivera on a couch.

    Ingrid Marie Rivera was crowned Miss Puerto Rico in 2008.

    But after she won, Rivera said someone covered her evening gown and makeup for the pageant in pepper spray, The Associated Press reported. She said she broke out in hives and had to apply ice packs all over her body after the competition.

    The AP reported that an investigation found that one of Rivera's evening gowns and her swimsuit tested positive for pepper spray, and investigators believed two pageant employees were likely responsible for the incident.

    Rivera went on to compete at Miss Universe, but Dayana Mendoza of Venezuela won the top prize.

    Jenna Talackova planned to sue so she could compete in the 2012 Miss Canada pageant.
    A photo of Jenna Talackova at a 2012 press conference.

    Jenna Talackova wanted to compete in the 2012 Miss Canada pageant, which feeds into Miss Universe. But Talackova was initially barred from competing because she is transgender, CNN reported at the time.

    Talackova hired women's rights lawyer Gloria Allred to challenge the pageant's rule, but the pageant decided to change its policy in April 2012.

    Talackova ended up participating in the 2012 Miss Canada pageant, but Sahar Biniaz beat her for the crown and went on to compete at Miss Universe. Olivia Culpo won the title while representing the USA that year.

    Donald Trump's nearly 20-year run at Miss Universe came to an end in 2015 following comments he made about immigrants during his presidential campaign.
    Donald Trump with Miss Universe winners
    Donald Trump with (from L-R) Miss USA 2004 Shandi Finnessey, Miss Universe 2003 Amelia Vega, Miss Universe 2007 Riyo Mori, Miss Tanzania 2007 Flaviana Matata, Miss Kosovo 2009 Marigona Dragusha, and Miss Kosovo 2008 Zana Krasniqi on July 27, 2011 in New York City.

    After Trump referred to Mexican immigrants as "rapists" during a June 2015 speech, NBC and Univision decided not to air the Miss USA 2015 pageant. The competition instead aired on the Reelz channel, where it drew 4 million fewer viewers than in 2014.

    Trump sued NBCUniversal for breach of contract but ultimately bought out the network's share of their joint venture — which had begun in 2002 — and then sold Miss Universe to WME/IMG, which held onto the company until Anne Jakkaphong Jakrajutatip bought it in October 2022.

    In a 2018 New Yorker piece titled Trump's Miss Universe Gambit, a number of contestants spoke about what it was like to compete during the Trump era. Some contestants said Trump told them he selected nine of the top 15 for every competition, and that the finalists often came from countries with which Trump was doing business — or wanted to do business.

    A Miss Universe spokesperson told The New Yorker at the time that Trump and other pageant staff members were allowed to participate in naming finalists, per the pageant's rules.

    In 2015, Steve Harvey crowned the wrong winner.
    Miss Universe pageant mix up Steve Harvey

    From asking a contestant to meow onstage to making jokes about the cartel, Steve Harvey had plenty of gaffes during his five-year stint as the host of Miss Universe.

    But no moment was bigger than when he accidentally crowned the wrong winner during the December 2015 pageant.

    Harvey initially announced that Miss Colombia Ariadna Gutiérrez had won the title of Miss Universe. But after the crown was placed on Gutiérrez's head and the Miss Universe sash was draped over her shoulders, Harvey revealed there had been a mistake — the real winner was Miss Philippines Pia Alonzo Wurtzbach.

    Harvey, who was hosting Miss Universe for the first time, took responsibility for the mix-up. He later told Kevin Hart in a 2021 interview that the scandal was "the worst week of my life."

    Miss Puerto Rico 2016 lost her crown after telling reporters, "I just do not like cameras."
    Miss Puerto Rico 2016 Kristhielee Caride
    Miss Puerto Rico 2016 Kristhielee Caride during her trial against the organization.

    Kristhielee Caride sued the Miss Universe Puerto Rico organization for $3 million after she was stripped of her title before the Miss Universe 2016 pageant.

    In March 2016, it was announced that Caride would no longer represent Puerto Rico after she canceled appearances and refused to answer questions during an interview with reporters, the Daily Mail reported.

    Caride shocked the national organization when she told one Puerto Rican newspaper, "I just do not like cameras."

    Desiree Lowry, who was the national director of Miss Universe Puerto Rico, held a press conference to announce Caride's replacement. She said Caride informed her she was going through personal issues at the time, but that she canceled other appearances and did not apologize to the newspaper.

    "Miss Puerto Rico is a public figure and part of your job is to be in front of the camera," Lowry said.

    Caride sued the organization months later, and the weeklong trial gripped the country, according to the BBC. The lawsuit was dismissed after a judge ruled that Caride had violated the terms of her contract.

    Miss USA, Miss Australia, and Miss Colombia were accused of bullying contestants during the 2018 competition.
    sarah rose summers miss usa
    2018 MISS USA: Winner: Miss Nebraska, Sarah Rose Summers (C) is named MISS USA at the 2018 MISS USA Competition airing Monday, May 21 (8:00-10:00 PM ET/PT on FOX)

    Miss USA Sarah Rose Summers, Miss Australia Francesca Hung, and Miss Colombia Valeria Morales were criticized for a video they made during the final day of rehearsals.

    In the clips, Summers said Miss Vietnam H'Hen Niê was "so cute" and "pretends to know so much English," according to People. She also mentioned that Miss Cambodia Rern Sinat didn't speak any English and "not a single person here speaks her language."

    "Can you imagine?" Summers continued. "Francesca said that it would be very isolating, and I think yes, and just confusing all the time."

    Social media users accused the three pageant queens of bullying Miss Cambodia and Miss Vietnam. Summers later issued an apology on Instagram and shared a photo of herself, Morales, and Hung hugging Sinat and Niê.

    "In a moment where I intended to admire the courage of a few of my sisters, I said something that I now realize can be perceived as not respectful, and I apologize," Summers said. "I would never intend to hurt another."

    Miss Peru 2019 lost her crown after a leaked video showed her during a night of partying.
    Miss Universe 2019

    Miss Peru 2019 Anyella Grados was stripped of her title in March 2019 when a video emerged that appeared to show her drunk and vomiting, the Daily Mail reported at the time.

    The video was recorded by Miss Teen Peru 2018 Camila Canicoba. Yoko Chang, who had placed second runner-up in the Miss Peru 2019 competition, also appeared in the video.

    Canicoba told Peruvian outlets at the time that she had accidentally uploaded the video to social media and only meant to share it privately.

    The Miss Peru organization cut ties with Grados.

    Grados released a statement after she was stripped of her title and said the video had been filmed without her consent and "impinged against my honor and my reputation."

    Miss Bolivia 2022 Maria Fernanda Pavisic lost her crown due to comments she made about other Miss Universe contestants.
    Miss Universe 2023 contestants

    Less than two months before the 71st Miss Universe competition took place in January, Miss Bolivia 2022 Maria Fernanda Pavisic posted a video on her Instagram story in which she discussed her Miss Universe competitors.

    She said Miss Paraguay, Miss Brazil, and Miss El Salvador looked like "old ladies," that Miss Venezuela and Miss Peru resembled "transsexuals," and that Miss Ecuador, Miss Aruba, and Miss Curaçao belonged in the "thanks for participating" category, the Daily Mail reported.

    After she was criticized for her remarks, Pavisic said that the comments were a social experiment designed to "generate change" and inspire people to share positive content on social media.

    "People decide to support the negative, but I risked everything to leave a message," she wrote. "I have always said that it does not matter what people say about you, instead what you think of yourself."

    But her explanation wasn't enough for the Miss Bolivia organization, which stripped Pavisic of her title and found a replacement a month before the competition.

    Miss Russia 2022 Anna Linnikova said she was "shunned" by contestants during the 71st Miss Universe pageant.
    Russia: Anna Linnikova
    Miss Russia is 22.

    Miss Russia 2022 Anna Linnikova told Evening Moscow in January 2023 that many contestants avoided her during the competition after "learning about my origins" and that Miss Ukraine and Miss Switzerland "simply ran from me like fire!"

    Linnikova said she had tried to make contact with Miss Ukraine Viktoria Apanasenko, "but all efforts were in vain."

    Apanasenko had previously told the Daily Beast that the only time Linnikova approached her was to try to take a selfie.

    "Miss Russia did not say a word about the war," she said. "People told me it would be dangerous for her."

    Apanasenko also told the site that she struggled to stand on the same stage with Linnikova, who wore a "Crown of Russian Empire" outfit during the national costume contest.

    "I am not sure the organizers understood what it felt like for me to be standing and smiling on the same stage with Miss Russia, who was wearing a red dress, the color of blood," she added.

    In 2024, the CEO of Miss Universe at the time, Anne Jakrajutatip, received backlash after praising the winner for her "blond hair and blue eyes."
    Anne Jakrajutatip at the 72nd annual Miss Universe pageant.
    Anne Jakrajutatip at the 72nd annual Miss Universe pageant.

    Anne Jakrajutatip became CEO of Miss Universe in 2022 after buying the organization with her JKN Global Group for $20 million. She promised to center women in her reign, saying in 2023, "From now on it's going to be run by women, owned by a trans woman, for all women around the world."

    However, her tenure as CEO was marked by several hiccups.

    In 2024, Victoria Kjær Theilvig of Denmark was crowned Miss Universe. In a press conference following her win, Jakrajutatip indicated that Theilvig represented the ultimate "evolution" of the pageant in response to a question from a reporter, as seen in a clip on Instagram.

    "We have blond and blue eyes, so we're coming to the ultimate evolution already," she said. "We don't need any more evolution here. We already got the best here."

    Some pageant contestants criticized Jakrajutatip, while others said they weren't offended by her remarks.

    The comments followed an October 2023 video, obtained by Business Insider, in which Jakrajutatip said diverse contestants "can compete, but they can't win." She later said in a statement on Facebook that she was referring to a Miss Universe reality show, not the pageant, with her comment.

    Jakrajutatip was also accused of trying to meddle with the pageant results during her tenure.

    A former Miss Universe judge told Business Insider that in 2023, Jakrajutatip tried to pressure Paula Shugart, the longtime president of Miss Universe, to put Miss Thailand in the top five. Shugart resigned from the organization during the 2023 pageant.

    Jakrajutatip didn't respond to a request for comment at the time and never publicly addressed the allegation.

    Miss Universe announced it had replaced Jakrajutatip as CEO just days before the 2025 pageant.
    Miss Universe CEO Anne Jakrajutatip

    On October 29, less than a week before the 2025 Miss Universe pageant was set to begin, the organization announced that Jakrajutatip had been replaced as CEO.

    The organization said Mario Búcaro would step into the role in her place. Búcaro was previously a diplomat, and he served as vice president for international relations at Miss Universe.

    "The Board of the Miss Universe Organization expresses its full confidence in Mario Búcaro's leadership to guide the organization into a new era of growth and global influence," the organization said in its announcement about Búcaro. "His vision of Miss Universe as a worldwide movement that celebrates authenticity, transformation, and empowerment will continue to unite cultures, expand opportunities for women, and elevate the values that define our brand."

    The organization also said Búcaro would help Miss Universe expand its reach to over 130 countries.

    The regime change occurred after Jakrajutatip and JKN Global faced financial difficulties throughout her tenure as CEO. She made headlines when JKN Global missed a payment in 2023, and in June 2025, Thailand's Securities and Exchange Commission filed a complaint against JKN Global. The complaint alleged Jakrajutatip and her sister had included misleading information on both their 2023 financial statements and paperwork for Q1 of 2024.

    In its statement about Búcaro's new role, Miss Universe said Jakrajutatip had stepped down as CEO on June 20.

    Jakrajutatip and the Miss Universe Organization didn't respond to requests for comment on the role changes and financial issues.

    During the 2025 pageant, contestants walked out after the director of Miss Universe Thailand yelled at Miss Mexico.
    Nawat Itsaragrisil with Miss Universe 2025 contestants.
    Miss Thailand director Nawat Itsaragrisil with Miss Universe 2025 contestants.

    Nawat Itsaragrisil was named director of Miss Universe Thailand and host for the 2025 pageant, which took place in Bangkok.

    On November 4, Itsaragrisil was captured on Miss Universe Thailand's Facebook livestream berating Miss Mexico Fátima Bosch and criticizing her team over a sponsorship event. He called security to remove Bosch, leading several other Miss Universe contestants and Miss Universe 2024 Victoria Kjær Theilvig to walk out of the room.

    Pageant queens told Business Insider they weren't surprised by Itsaragrisil's behavior.

    After the footage of the incident went viral, Miss Universe president Raul Rocha announced Itsaragrisil would be restricted from the pageant, and Itsaragrisil issued an apology. However, he appeared at multiple Miss Universe events — including the finals, where Bosch was crowned Miss Universe — following his confrontation with the pageant queen.

    Itsaragrisil and Miss Universe did not respond to requests for comment from Business Insider.

    Read the original article on Business Insider