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McDonald’s on Thursday reported surprisingly strong sales in the latest quarter — and its chief executive cited the purple milkshake released in honor of furry mascot Grimace’s 52nd birthday.

“This quarter, if Im being honest, the theme was Grimace,” McDonald’s CEO Chris Kempczinski said on the companys conference call following the earnings report, according to CNBC.

The earnings report was released a month after the golden arches honored Grimace’s birthday with a limited-edition purple milkshake that was only available in the US.

McDonald’s also offered the Grimace Birthday Meal, which included the shake and the choice of a Big Mac, 10-piece Chicken McNuggets, or fries, though the offer ended on July 6, according to a McDonald’s tweet.

The photo-friendly purple drink — which was made with ice cream and blueberry and strawberry syrups — went viral on social media and was likely fueled by customers’ nostalgia for the rotund character.

As a result, McDonald’s — which has 13,513 restaurants in the US and over 38,000 abroad — recorded a revenue of $6.5 billion in the latest quarter, edging out Wall Street’s expectation of $6.27 billion.

The net sales marked a 14% increase from last year.

McDonald’s scored $2.31 billion in income — a sharp increase from the $1.8 billion reported in Q1.

McDonald’s share price closed up 1.2%, to $295.19, on Thursday.

On TikTok, Austin Frazier is attributed with starting the trend when he posted a clip of himself tasting the shake.

The video then cut to Frazier lying on the floor with the milkshake spilled around his head and mouth.

Since it was posted on June 13, the TikTok has garnered over 3.6 million views and caused a slew of other social media users to share clips faking their death after tasting the Grimace shake.

McDonald’s even acknowledged the trend, sharing a post of Grimace to social media captioned: “mee pretending i don’t see the grimace shake trendd.”

The Chicago-headquartered restaurant chain even changed the biography on its Instagram and Twitter pages to: “grimace is a close personal friend of mine.”

“‘Grimace’s Birthday’ quickly became one of our most socially engaging campaigns of all time,” the company said in its earnings report.

McDonaldland — the franchise’s fictional world inhabited by Ronald McDonald and his friends — welcomed Grimace on June 12, 1971, as “Evil Grimace,” a monster with four arms used to steal milkshakes.

But after he frightened children, McDonald’s phased out Grimace, along with other McDonaldland characters, in 2003.

The franchise later recast the purple blob as a warmer version of his old self, this time with two arms, and revived the beloved fuzzball in 2022.

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Entertainment

Buffy The Vampire Slayer: Sarah Michelle Gellar confirms revival of hit TV series is in the works

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Buffy The Vampire Slayer: Sarah Michelle Gellar confirms revival of hit TV series is in the works

Sarah Michelle Gellar has responded to reports about a reboot of Buffy The Vampire Slayer, confirming the hit nineties TV drama is set to return.

The actress, who played Buffy Summers, has shared details about why she decided to return to her days as a slayer, almost 22 years after the show ended.

The series, created by writer and director Joss Whedon, featured Gellar, 47, as one in a long line of young women chosen by fate to battle evil forces in the fictional US town of Sunnydale.

Now the star has posted a message on Instagram confirming her involvement in a revival of the drama, although did not reveal if it will be a reboot or sequel.

Credit: TM/20th Century Fox
Buffy the Vampire Slayer Sarah Michelle Gellar, (1998), 
ph: Byron J. Cohen / TM and Copyright ©20th Century Fox Film Corp
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Buffy means business. Pic: TM/20th Century Fox Film Corp

She described a conversation three years ago with director Chloe Zhao “to hear her take on a potential ‘Buffy’ revival”.

“Our twenty minute coffee quickly turned into a four hour adventure. We laughed, we cried, but mostly we both talked about how much this show means to us,” she wrote, adding that at the time she didn’t agree to continue Buffy’s story.

She added that she did “shock” herself by agreeing to continue the conversation “until ultimately, one day, we landed on an idea”.

More on Chloe Zhao

On Monday, Variety reported that Gellar was in “final talks” to play the iconic character, although she would not lead the new series, which would focus on a new slayer.

The US entertainment news outlet also said it had been told by sources that the sequel “is nearing a pilot order at [US streaming network] Hulu”.

Credit: TM/20th Century Fox Film Corp
Buffy the Vampire Slayer
BUFFY THE VAMPIRE SLAYER, from left, Alyson Hannigan, Seth Green (crouching), Anthony Stewart Head (glasses), Charisma Carpenter (red sweater), Nicholas Brendon, Sarah Michelle Gellar, David Boreanaz, James Marsters (blond), Juliet Landau, 1997-2003 (1999 photo). ph: Stephen Donelian / / TM and Copyright ©20th Century Fox Film Corp. All rights reserved / courtesy Everett Collection
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Cast pictured in 1999. From left: Alyson Hannigan, Seth Green (crouching), Anthony Stewart Head, Charisma Carpenter, Nicholas Brendon, Sarah Michelle Gellar, David Boreanaz, James Marsters (crouching), Juliet Landau. Pic: TM/20th Century Fox Film Corp

Buffy the Vampire Slayer ran for for seven seasons from 1997, its finale episode airing in May 2003.

It also featured British actor Anthony Stewart Head who starred as Giles, Buffy’s Watcher, along with her schoolfriends Willow and Xander from Sunnydale High, played by Alyson Hannigan and Nicholas Brendon respectively.

The show was so successful that the character Angel – a cursed vampire who is Buffy’s love interest – got his own spin-off series. The actor who played him, David Boreanaz, also went on to star in the long-running police series, Bones.

'Buffy the Vampire Slayer' - David Boreanaz and Sarah Michelle Gellar 31 Jan 2003 Credit 20th Century Fox Film Corp
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Sarah Michelle Gellar and her on-screen love interest David Boreanaz in 2003. Pic: 20th Century Fox Film Corp

Gellar wrote that she has always listened to the fans and heard their desires to revisit Buffy and her world.

“But it was not something I could do unless I was sure we would get it right. This has been a long process, and it’s not over yet,” she added.

“I promise you, we will only make this show if we know we can do it right. And I will tell you that we are on the path there.”

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Nora Zuckerman and her sister Lilla Zuckerman are confirmed as part of the team – reportedly writing the pilot. They have both previously collaborated on shows such as Fringe, Suits and Agents of S.H.I.E.L.D.

Chloe Zhao – best known for her Oscar-winning film Nomadland – is attached to direct.

Dolly Parton will be among the executive producers via her production company Sandollar, which was responsible for the original Buffy the Vampire Slayer and Angel television series.

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‘She took over their lives’: Cancer nurse struck off after abusing position to gain inheritance

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'She took over their lives': Cancer nurse struck off after abusing position to gain inheritance

Ian Percival was walking his dog, Snowy, along the coast near his home in South Wales, when he met Anita George, a cancer nurse at a local Swansea hospital. It was the same route he took every night, but this time he stopped. 

“She happened to be on the promenade and crying about her relationship, I believe,” says Ian’s daughter Helen, who doesn’t think that meeting was a coincidence.

What happened next set in motion a chain of events that would lead to allegations of financial grooming, neglect and an NHS nurse being struck off.

Ian Percival was a wealthy businessman in his 70s, who worked as an investor in property and an insurance broker. Part of his business involved renting homes to NHS staff locally.

“Dad was a workaholic, he loved it,” his son, Richard, says fondly.

Ian and his wife, Margaret, who were married for more than 50 years, were well-known and well-liked figures in the Swansea area.

Ian and Margaret as a young couple
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Ian and Margaret as a young couple

Anita was a seemingly trustworthy nurse – who, just three days after meeting Ian, moved into one of his properties to help look after Margaret, who had mobility problems. It was a private arrangement, a deal struck personally, not through the NHS.

“I was doubtful about her from day one,” says Richard.

This is the first time Ian’s children have spoken publicly about what happened, from their home in Brisbane, Australia.

Anita George with Ian and Margaret
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Anita George with Ian and Margaret

‘She took over their lives’

As time went on, they became increasingly concerned about how involved Anita was becoming with their parents. When Ian was diagnosed with cancer, she began also caring for him.

“She took over our parents’ lives. She was constantly with them,” Richard recalls. Increasingly, he felt she was coming between their parents and isolating them from their family.

“Mum was getting excluded,” says Richard. “I felt that she [Anita] had full control, which I have never witnessed before. I just don’t understand how, after mum and dad being together for 52 years, things she did changed everything.”

Margaret and Anita
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Margaret and Anita

Helen says Anita’s professional credentials initially reassured her. “I trusted her because she was a nurse at a local hospital.”

But in the months before Ian’s death in December 2016, she could tell things had drastically changed. Anita was refusing to take care of their mother, Helen claims. Instead, she focused all her attention on Ian.

It wasn’t until their father died, that Helen and Richard became aware of the extent of Anita’s involvement with Ian. They believe she’d struck up an inappropriate personal relationship, manipulating him for financial gain.

As they investigated, they moved Margaret to live with them in Australia, where she later died in 2018.

“On dad’s computer, we managed to find some evidence. We thought, this is crazy. I don’t understand… so it made us dig deeper,” says Richard.

Richard with his parents
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Richard with his parents

Cash, a car and property

Ian had given her nearly £15,000 in cash and shares, a car and left her a property worth hundreds of thousands of pounds.

“I felt sick because I knew this was her doing,” recalls Helen. “The first thing that came to my mind was that he was financially groomed… she had one motive – to get money.”

“Only when the will was read did I realise how skewed it was.”

Helen believes the will had “huge input” from Anita.

Anita George said she was simply receiving gifts from a friend – but this is not just a story about money and material goods. On Ian’s medical records she had listed herself as his next of kin, even as his daughter and adoptive daughter. All this without his wife or children’s knowledge.

She was managing his hospital appointments, taking his bloods at home, accessing medical equipment. How did Helen feel about a woman she barely knew passing herself off as her father’s daughter?

“It’s devastating. It should never have happened. That’s a massive failing by the NHS.”

It has taken eight years for the family of Ian Percival to achieve any form of justice.

Ian and Margaret
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Ian and Margaret

Struck off as a nurse

In December 2024, the Nursing and Midwifery Council (NMC) carried out a hearing into the allegations – and found that Anita George had breached professional standards and abused the position of trust as a registered nurse to gain inheritance from a patient.

It ruled that her actions were motivated by the pursuit of financial gain, and it struck her off from the nursing register – its toughest sanction. The NMC report outlines how Ian and Margaret’s isolation, poor health and geographical separation from their children made them particularly vulnerable.

Anita George declined our request for an interview.

During the hearing her legal team argued this all happened outside of her formal employment as a nurse. The situation was unlikely to happen again as her personal life has changed and she’s now married, they added.

Swansea Bay University Health Board, which runs the hospital, is now carrying out a review into any possible failures:

“In light of the findings of the NMC’s hearing we are appalled and want to state clearly to the family that we’re very sorry about what happened. We will be reviewing this case to see if there are any learnings that need to be taken into account. It is important, however, to clarify that the inappropriate financial relationships did not relate to care provided within an NHS context.”

Helen with her father, Ian
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Helen with her father, Ian

South Wales Police carried out an investigation at the time but no charges were brought.

It says it will reopen the case if new lines of inquiry are found.

Financial exploitation of the elderly

The case of Anita George and Ian Percival highlights the growing issue of financial exploitation of the elderly. The Hourglass charity, which works exclusively in this field, says the problem is now at “epidemic” levels.

The number of calls it has received since 2017 has risen by 182% from around 4,500 to 12,700.

In just 14% of economic abuse cases in the last three years, £53m has been reported stolen from the elderly.

It says awareness among the public of what constitutes economic abuse is “shockingly low” – with a poll last year finding more than 26% of people did not believe forcing an older relative to change their will was an act of abuse.

The charity says abuse of the elderly comes in many forms including financial, psychological and physical.

“There are lots of cases we’ve dealt with where the enormity of the abuse is only obvious once the person has passed away,” says Richard Robinson, the charity’s chief executive.

“But there is another issue here; lots of older people don’t want to criminalise their family or their carers because if they [do so] they’ll be left to fend for themselves or they’ll be put into a home.”

While Ian’s children hope police will reopen the case, they also want tougher rules on how carers become involved with patients. Currently, nurses must adhere to the NMC’s professional standards known as the Code, which include acting with “honesty and integrity” in any financial dealings.

“We want legislation put in place so that carers can’t be caring without proper background checks, the next of kin cannot just be somebody they’ve known for two years.”

Helen and her father, Ian
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Helen and her father, Ian

‘Someone finally listened’

Richard added that they were “relieved” Anita George was struck off following the damning report by the NMC.

“Somebody listened to us and took our evidence onboard. You can’t have someone doing what she did – using her position as a nurse…to gain their trust.”

While the pair cherish their memories of their father what happened with Anita George has tarnished the end of his life, for them.

Neither of his parents deserved to suffer this type of abuse, says Richard.

“Dad was a genuine hard-working guy who loved his family. It’s just horrible,” he says, grimly.

Do you have a story you would like to share? Email sky.today@sky.uk or Whatsapp 07583000853

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Technology

DeepSeek has rattled large AI players — but smaller chip firms see it as a force multiplier

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DeepSeek has rattled large AI players — but smaller chip firms see it as a force multiplier

Dado Ruvic | Reuters

DeepSeek has rattled the U.S.-led AI ecosystem with its latest model, shaving hundreds of billions in chip leader Nvidia’s market cap. While the sector leaders grapple with the fallout, smaller AI companies see an opportunity to scale with the Chinese startup.

Several AI-related firms told CNBC that DeepSeek’s emergence is a “massive” opportunity for them, rather than a threat. 

“Developers are very keen to replace OpenAI’s expensive and closed models with open source models like DeepSeek R1…” said Andrew Feldman, CEO of artificial intelligence chip startup Cerebras Systems.

The company competes with Nvidia’s graphic processing units and offers cloud-based services through its own computing clusters. Feldman said the release of the R1 model generated one of Cerebras’ largest-ever spikes in demand for its services. 

“R1 shows that [AI market] growth will not be dominated by a single company — hardware and software moats do not exist for open-source models,” Feldman added. 

Open source refers to software in which the source code is made freely available on the web for possible modification and redistribution. DeepSeek’s models are open source, unlike those of competitors such as OpenAI.

DeepSeek also claims its R1 reasoning model rivals the best American tech, despite running at lower costs and being trained without cutting-edge graphic processing units, though industry watchers and competitors have questioned these assertions.

“Like in the PC and internet markets, falling prices help fuel global adoption. The AI market is on a similar secular growth path,” Feldman said. 

Inference chips 

DeepSeek could increase the adoption of new chip technologies by accelerating the AI cycle from the training to “inference” phase, chip start-ups and industry experts said.

Inference refers to the act of using and applying AI to make predictions or decisions based on new information, rather than the building or training of the model.

“To put it simply, AI training is about building a tool, or algorithm, while inference is about actually deploying this tool for use in real applications,” said Phelix Lee, an equity analyst at Morningstar, with a focus on semiconductors.  

While Nvidia holds a dominant position in GPUs used for AI training, many competitors see room for expansion in the “inference” segment, where they promise higher efficiency for lower costs.

AI training is very compute-intensive, but inference can work with less powerful chips that are programmed to perform a narrower range of tasks, Lee added.

A number of AI chip startups told CNBC that they were seeing more demand for inference chips and computing as clients adopt and build on DeepSeek’s open source model. 

“[DeepSeek] has demonstrated that smaller open models can be trained to be as capable or more capable than larger proprietary models and this can be done at a fraction of the cost,” said Sid Sheth, CEO of AI chip start-up d-Matrix. 

“With the broad availability of small capable models, they have catalyzed the age of inference,” he told CNBC, adding that the company has recently seen a surge in interest from global customers looking to speed up their inference plans. 

Robert Wachen, co-founder and COO of AI chipmaker Etched, said dozens of companies have reached out to the startup since DeepSeek released its reasoning models.

“Companies are [now] shifting their spend from training clusters to inference clusters,” he said. 

“DeepSeek-R1 proved that inference-time compute is now the [state-of-the-art] approach for every major model vendor and thinking isn’t cheap – we’ll only need more and more compute capacity to scale these models for millions of users.”

Jevon’s Paradox 

Analysts and industry experts agree that DeepSeek’s accomplishments are a boost for AI inference and the wider AI chip industry. 

“DeepSeek’s performance appears to be based on a series of engineering innovations that significantly reduce inference costs while also improving training cost,” according to a report from Bain & Company.

“In a bullish scenario, ongoing efficiency improvements would lead to cheaper inference, spurring greater AI adoption,” it added. 

This pattern explains Jevon’s Paradox, a theory in which cost reductions in a new technology drive increased demand.

Financial services and investment firm Wedbush said in a research note last week that it continues to expect the use of AI across enterprise and retail consumers globally to drive demand.

Speaking to CNBC’s “Fast Money” last week, Sunny Madra, COO at Groq, which develops chips for AI inference, suggested that as the overall demand for AI grows, smaller players will have more room to grow.

“As the world is going to need more tokens [a unit of data that an AI model processes] Nvidia can’t supply enough chips to everyone, so it gives opportunities for us to sell into the market even more aggressively,” Madra said.

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