Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
May 8, 2026, 10:05 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Bloomberg:
Nintendo says it will increase the price of the Switch 2 globally on September 1, from $450 to $500 in the US, and the price of the original Switch in Japan  —  Nintendo Co. said it will increase the price of its Switch 2 console to $500 from $450, acknowledging pressure on profitability …
Brian Krebs / Krebs on Security:
Instructure disables its Canvas edtech platform, used by thousands of schools, universities, and companies, 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 …
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.
Kai Nicol-Schwarz / CNBC:
Sony reports Q4 revenue up 8% YoY to ~$19.4B, above ~$18.4B est., ~$1.06B operating profit, below ~$1.7B est., and forecasts FY 2027 net profit up 13% to ~$7.4B  —  Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments …
Wesley Yin-Poole / IGN:
Sony reports a $765M impairment loss due to Marathon developer Bungie's underperformance during its FY ending March 31, 2026; Sony acquired Bungie in early 2022  —  Extracting value.  —  Sony has reported a $765 million impairment loss due to underperformance of Marathon developer Bungie during its last financial year.
Sam Nussey / Reuters:
Sony reports 1.5M PS5 unit sales in Q4, down 46% YoY, and forecasts annual sales at its gaming business to fall 6% YoY to ~$28B, amid a memory chip price surge
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.
Ignacio Gonzalez / Bloomberg:
Cloudflare reports Q1 revenue up 34% YoY to $639.8M and plans to cut 1,100+ jobs globally as it architects its company “for the agentic AI era”; NET drops 15%+  —  Cloudflare Inc. plans to cut more than 1,100 jobs globally as it accelerates its shift to an agentic AI-first operating model.
Wired:
Musk v. Altman docs: Microsoft executives had reservations about funding OpenAI in 2018 but worried that not giving 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.
More: Benzinga
Isabelle Lee / Bloomberg:
Block reports Q1 revenue up 5% YoY to $6.1B, vs. $5.9B est., a $309M net loss, and raises its 2026 gross profit forecast to $12.3B, above $12.1B est.  —  Block Inc. offered a sunnier outlook for profits and growth on Thursday after orchestrating a severe round of job cuts related …
Mark Gurman / Bloomberg:
Sources: Apple has reached advanced testing of its AirPods with cameras, which 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 …
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.
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 5%+  —  IREN shares surged in extended-trading on Thursday before giving back nearly all of the gains after the data center operator announced a partnership with semiconductor giant Nvidia.
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%+  —  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 .
Lily Ford / The Hollywood Reporter:
Substack says paid subscriptions to creators in the UK, its second-largest market, hit 500K+; global paid subs hit 5M+, with 50+ creators earning $1M+ annually  —  Charli XCX and Jamie Oliver are among the high-profile Brits currently using Substack, as the platform reveals exclusive new data …

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Say hello to Zia Answer Bot: Your organization's knowledge, on-demand in every Zoho Lens session.  —  Imagine your technician is halfway through a live remote assistance session.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Acquired:
 The Walt Disney Company
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Lenny's Podcast:
 Building the most AI-pilled engineering team in the world | Fiona Fung (Manager of the Claude Code and Cowork Teams)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
 Are AI Glasses Over?, Big Technology Audience Questions, Alex Stamos on AI Cybersecurity
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Upstarts Podcast:
 Mutiny's Jaleh Rezaei: Walking Away From Millions In Software To Grow Even Faster With Sales AI
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
 'Hard Fork' Live, Part 3: Differing Visions of an A.I. Future
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
 AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:05 AM ET, May 8, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Borys Kit / The Hollywood Reporter:
Netflix wins rights to the Sesame Street movie; Rideback, the production company behind live-action Lilo & Stitch and Aladdin movies, will produce the feature

Max Tani / Semafor:
The Atlantic ramps up its video podcasts, doubling its video team from ~10 to ~20, and says its podcast revenue is up 104% YoY and downloads rose ~50% YoY

New York Times:
People Inc., a major food content creator, is ramping up social media video production that emphasizes human-made recipes and testing to stand out from AI slop

More News

Bloomberg:
MercadoLibre reports Q1 revenue up 49% YoY to $8.8B, vs. $8.4B est., and net income down 16% to $417M, vs. $433M est.; MELI drops 5%+

Earlier Picks

Anissa Gardizy / The Information:
Sources: OpenAI and Broadcom discuss terms for Broadcom to finance initial custom chip production for ~$18B, conditioned on Microsoft buying ~40% of the chips
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
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
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
RT Watson / The Block:
AWS unveils Amazon Bedrock AgentCore Payments and partners with Coinbase and Stripe to enable AI agents to execute transactions using stablecoins
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
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter