Spirit Airlines is warning in court that its cash reserves are running low, with a company lawyer saying the money is “not going to last for very much longer,” even as the airline pursues talks that could lead to a government-backed rescue. The comments were made in a legal proceeding involving Spirit, according to recent…

Meta has told employees it will cut 10% of its workforce as the company pushes deeper into artificial intelligence and continues an efficiency drive, according to multiple published reports. The move was reported by CNBC, Bloomberg and other outlets, which said the layoffs are being framed internally as part of a broader effort to streamline…

The White House is warning that China is engaged in “industrial-scale” efforts to steal U.S. artificial intelligence technology, accusing Chinese actors of copying advanced American AI systems through broad, organized campaigns. In public statements reported by multiple outlets including Reuters, CNBC, the Financial Times and others, the White House said China is using proxies and…

Microsoft has begun offering a voluntary buyout program to eligible U.S. employees that could cover up to about 7% of its U.S. workforce, according to multiple published reports. The offer applies to U.S.-based workers and is described as the company’s first voluntary employee buyout program. The reports say the plan includes voluntary retirement options for…

A widening U.S.-Iran conflict shifted into a naval standoff near the Strait of Hormuz after both countries seized ships in and around the critical shipping corridor, raising the risk of further confrontations at sea and potential disruption to commercial traffic. Iranian forces seized two cargo ships near the Strait of Hormuz, Iranian state media reported….

Apple CEO Tim Cook has called the troubled launch of Apple Maps his “first really big mistake” in the top job, reflecting on one of the most prominent stumbles of his tenure leading the company. Cook’s comments revisit Apple’s debut of its in-house mapping service, which replaced Google Maps as the default mapping app on…

President Donald Trump said he ordered the U.S. Navy to “shoot and kill any boat” that is laying mines in the Strait of Hormuz, a critical waterway for global energy shipments. The directive, as described by Trump, targets any vessel caught placing explosive mines in the narrow passage at the mouth of the Persian Gulf….

Samsung has begun selling “Certified Re-Newed” versions of its Galaxy Z Fold 7 in the United States, but early pricing has created an unusual situation: the refurbished model is currently listed at a higher cost than buying the phone new. The availability marks an expansion of Samsung’s refurbished program to its newest foldable lineup, adding…

Meta is expanding its parental supervision tools by letting parents see the topics their child has discussed with Meta AI, adding a new layer of visibility into how teens are using the company’s artificial intelligence features. The change applies to Meta’s AI product, Meta AI, and is framed as part of the company’s parental supervision…

Memphis police are investigating after the remains of three young children were found in a wooded area of the city, a case authorities say may involve deaths that occurred years ago. Police said the discovery involved skeletal remains believed to be those of children between about 3 and 7 years old. Investigators said initial findings…

Tesla reported higher earnings in its latest quarterly results, but the company also signaled a heavier cost load ahead as it ramps up spending tied to artificial intelligence and robotics efforts championed by CEO Elon Musk. The company said results topped expectations, and shares rose after the report, according to an earnings call transcript published…

Microsoft explored a possible acquisition of the AI coding startup Cursor before the company entered into a deal with SpaceX that includes an option to buy the startup, according to people familiar with the discussions. The talks involving Microsoft did not result in an acquisition, the sources said. Cursor later moved forward with a SpaceX…