Techmeme
May 8, 2026, 8:40 AM

Top News

Bloomberg:
Nintendo says it will increase the price of the Switch 2 globally, rising to $500 from $450 in the US; the price of the original Switch will increase in Japan  —  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.
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 …
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, 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.
Sam Nussey / Reuters:
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 …
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.
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 …
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.”
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.
Adamya Sharma / Android Authority:
Google rebrands Fitbit Premium as Google Health Premium, adding Gemini-powered coaching and other features, and raises its annual price from $79.99 to $99.99  —  The rebranded service includes Gemini-powered coaching, adaptive fitness plans, deeper sleep insights, and more.  —  •  —  TL;DR
Cherlynn Low / Engadget:
The Information:
Sources: DeepSeek seeks to raise ~$7.3B in its first-ever funding round at a $50B+ valuation, with CEO Liang Wenfeng making a personal investment of ~$2.9B  —  Liang Wenfeng, billionaire founder and CEO of DeepSeek, is planning to write the biggest check for the startup's first-ever funding round …
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 .
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 …

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Bloomberg:

Earlier Picks

Anthropic:
Pieter Haeck / Politico:
Jess Weatherbed / The Verge:
RT Watson / The Block: