Techmeme
May 8, 2026, 6:50 AM

Top News

Bloomberg:
Nintendo says it will increase the price of the Switch 2 to $500, up from $450, globally from September 1, and offers a downbeat performance outlook for 2026  —  Nintendo Co. said it will increase the price of its Switch 2 console to $500 from $450, acknowledging pressure on profitability …
Russell Brandom / TechCrunch:
Mozilla says Anthropic's Mythos Preview and other AI models helped it identify and ship 423 Firefox security bug fixes in April, compared to 31 a year earlier  —  When Anthropic unveiled its new Mythos model in April, it also delivered a stern warning to anyone developing software.
Lora Kolodny / CNBC:
French prosecutors escalate an investigation into Elon Musk and X, focused on alleged algorithmic manipulation and sexual deepfakes, to a criminal probe  —  French cybercrime authorities have escalated an investigation of Elon Musk and his social network X to a criminal probe, the Paris prosecutor's office said Thursday.
Brian Krebs / Krebs on Security:
Instructure disables its Canvas edtech platform, used by thousands of schools and universities, amid a data extortion attack claimed by ShinyHunters  —  An ongoing data extortion attack targeting the widely-used education technology platform Canvas disrupted classes and coursework …
Ignacio Gonzalez / Bloomberg:
Cloudflare reports Q1 revenue up 34% YoY to $639.8M, plans to cut 1,100+ jobs as it shifts to an “agentic AI-first operating model”; NET drops 13%+ after hours  —  Cloudflare Inc. plans to cut more than 1,100 jobs globally as it accelerates its shift to an agentic AI-first operating model.
Isabelle Lee / Bloomberg:
Block reports Q1 revenue up 5% YoY to $6.1B, vs. $5.9B est., and raises its 2026 gross profit forecast above estimates; XYZ jumps 7%+ after hours  —  Block Inc. offered a sunnier outlook for profits and growth on Thursday after orchestrating a severe round of job cuts related to artificial intelligence …
Sam Nussey / Reuters:
Financial Times:
Sources: Anthropic weighs raising as much as $50B at a ~$900B pre-money valuation, likely closing within two months; its annualized revenue is nearing $45B  —  Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value
Mark Gurman / Bloomberg:
Sources: AirPods with cameras reached an advanced testing stage; the cameras will feed data to Siri to help answer questions, rather than take photos or video  —  Apple Inc. has reached the late stages of development for new AirPods with built-in cameras, a significant milestone for what will likely …
Cherlynn Low / Engadget:
Google launches the Google Fitbit Air, a $100 Whoop-like screenless wearable with Gemini-powered features like Google Health Coach, available from May 26  —  The Whoop-like wearable that Google teased in March has just been unveiled.  Called the Google Fitbit Air, it's a screenless device …
Adamya Sharma / Android Authority:
Jonathan Vanian / CNBC:
Nvidia and data center operator IREN announce a deal to deploy up to 5 GW of AI infrastructure; Nvidia can invest $2.1B into IREN; IREN jumps 9%+ after hours  —  IREN shares surged in extended-trading on Thursday before giving back nearly all of the gains after the data center operator announced …
Zac Hall / 9to5Mac:
OpenAI launches three voice models in the API: GPT-Realtime-2 with GPT-5-class reasoning, GPT-Realtime-Whisper for transcription, and GPT-Realtime-Translate  —  OpenAI has just released three new realtime voice models that it says will “unlock a new class of voice apps for developers.”
Wired:
Musk v. Altman docs: Microsoft execs had reservations about funding OpenAI in 2018 but worried that withholding support could push OpenAI into Amazon's arms  —  Leaders at the tech giant were skeptical of OpenAI—but wary of pushing it into the arms of Amazon, according to evidence revealed during the Musk v. Altman trial.
Sam Sabin / Axios:
OpenAI is rolling out GPT-5.5-Cyber, a security-focused variant of the model, in a limited preview capacity to vetted cybersecurity teams  —  The capabilities of the new models have sparked an urgent debate in Silicon Valley and the White House about how to keep them out of the hands of bad actors.
CNBC:
Coinbase reports Q1 revenue down 31% YoY to $1.41B, vs. $1.52B est., and a loss of $1.49 per share, vs. a $0.27 profit est.; COIN drops 4%+ after hours  —  Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies' major revenue drivers — spot trading in digital assets .
Pieter Haeck / Politico:
EU legislators reach a deal to postpone restrictions on high-risk AI until December 2027 and to exempt the use of AI in industrial applications from the AI Act  —  Deal marks first significant delay of digital rules amid pressure from the U.S.  —  Restrictions on high-risk uses …
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The Private AI That Remembers  —  Anuma is the all-in-one AI platform with private, portable memory.  Chat, text, create, build, and solve across every model.
Sponsor Post
Jess Weatherbed / The Verge:
OpenAI launches Trusted Contact, an optional safety feature for ChatGPT that lets adult users assign an emergency contact for mental health and safety concerns  —  The feature expands existing teenage safety options to anyone over 18. … OpenAI is launching an optional safety feature …

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Earlier Picks

Anthropic:
RT Watson / The Block:
Anna Heim / TechCrunch: