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Spirit Airlines shuts down after Trump’s war on Iran doubled jet fuel prices

The ultra-low-cost air carrier Spirit Airlines shut down operations after 34 years in business and canceled all flights just after midnight Saturday morning. Its website now redirects to spiritrestructuring.com, instructing fliers not to go to airports, with air traffic control records capturing controllers and pilots signing off to each other as its last flights came […]

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Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.

The Turnberry Agreement was supposed to be the floor. Signed at Donald Trump’s golf resort in Scotland last July, the deal between the United States and the European Union set a 15 per cent tariff ceiling on nearly all EU goods entering America, including cars, car parts, semiconductors, and pharmaceutical products. In exchange, the EU […]

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Seven AI companies signed the Pentagon’s terms. The one that refused is worth $900 billion.

The Pentagon announced on 1 May that it has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI for expanded use of advanced artificial intelligence on classified military networks. The deals bring the total number of companies with such agreements to seven, following similar arrangements with SpaceX, OpenAI, and Google, which signed its own […]

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Australia’s $22 billion answer to the question the Hormuz crisis asked

When Iran closed the Strait of Hormuz on 27 March, following weeks of US and Israeli air strikes, Brent crude hit $126 a barrel and the World Bank warned that energy prices would surge by 24 per cent, the largest increase since the Russia-Ukraine shock of 2022. For most oil-importing nations, this was an economic […]

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Congress keeps kicking surveillance reform down the road

Congress has reauthorized Section 702 of the Foreign Intelligence Surveillance Act – but only for another 45 days. The extension is meant to give legislators more time to negotiate reforms to the controversial wiretapping bill. If the past few weeks are any indication of how future debates will go, however, we’re in for a bumpy […]

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Grindr — yes, Grindr — won the WHCD party circuit

Hello and welcome to Regulator, a newsletter for Verge subscribers about technology, politics, and technology learning how to politick. If you’re not a subscriber but would like to support our work, please subscribe here. I promise that your money will not go toward paying for a drone-proof ballroom for The Verge staff, no matter how […]

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James Comey indicted over Instagram seashell photo that allegedly threatened Trump

The US Department of Justice has once again indicted James Comey – this time, for an alleged threat the former FBI director made toward President Donald Trump on Instagram, as reported earlier by CNN. In its indictment, filed in a North Carolina federal court on Tuesday, the DOJ cites the now-deleted image Comey posted to […]

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