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Spirit Airlines Winding Down All Operations

Spirit Airlines says that it has "started an orderly wind-down of our operations, effective immediately" after failing to secure a $500 million bailout from the Trump administration.

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Meta Acquires Humanoid Robotics Startup Assured Robot Intelligence

Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said.

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Ask.com Officially Closes

After 25 years of answering the world’s questions, Ask.com officially closed on May 1, 2026.” Nonetheless, the website insists, “Jeeves’ spirit endures.”

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Breet Launches Equity-Free Grant Programme

Breet, a cryptocurrency payment infrastructure platform, has launched a $10,000 equity-free grant programme for African fintech, crypto, stablecoin, and payments builders

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Nvidia's Corporate VC Fund Backs Legora

Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, reportedly its first legal AI investment.

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Recharge Acquires Y Combinator Alum Skio

Skio, a 2020 Y Combinator alum that was founded by self-described college dropout Kennan Frost, has been acquired by competitor Recharge

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A New Phase in China–Africa Trade Has Begun

With the policy taking effect on May 1, a 24-tonne shipment of apples from South Africa cleared customs in Shenzhen as the first batch under the new terms.

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When Borrowing is  Leprosy and Cancerous

No serious economy borrows recklessly. Nations borrow with discipline, with purpose, and with a clear plan for repayment through productive investment.

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The United Arab Emirates to Quit OPEC and OPEC+

The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+. “This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile,

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Letterboxd Controling Investor Looking To Cash Out

Semafor reported Sunday that Canadian holding company Tiny, which owns some 60% of Letterboxd, has been courting various potential buyers, including Versant, the parent company of CNBC and MS NOW (formerly MSNBC).

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Bitget Wallet Opens Pre-Registration for the Bitget Dollar Card

Bitget Wallet has opened pre-registration for the Bitget Dollar Card in South Africa, with the first 500 applicants receiving a waived activation fee and a randomised reward

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OpenAI Would Develop a SmartPhone

OpenAI would develop a smartphone chip with MediaTek and Qualcomm, with Luxshare acting as a co-design and manufacturing partner.

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