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May 8, 2026, 11:00 PM
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WeSmirchTop News
| Wall Street Journal: |
Sources: Apple and Intel have reached a formal deal in recent months for Intel to manufacture some chips for Apple devices; INTC closes up 13.93% — The iPhone maker and U.S. silicon giant will work together on chips for Apple devices. The Trump administration pushed for the deal.
More: AppleInsider, The Verge, Tom's Hardware, Yahoo Finance, Portland Business Journal, The Tech Portal, Crypto Briefing, The Information, The Mac Observer, Blockonomi, Barchart.com, Tech in Asia, Watcher Guru, 9to5Mac, iPhone in Canada, MacRumors, CNBC, How-To Geek, The State, Digital Trends, Neowin, Decrypt, VideoCardz.com, iClarified, ZeroHedge News, Gizmodo, Macworld, and MacDailyNews
X: @markgurman, @jukan05, @patrickmoorhead, @kobeissiletter, @ecommerceshares, @mweinbach, @jack_raines, @katietarasov, @firstadopter, @andrewcurran_, @mzuhair123, @benbajarin, @scobleizer, @greengart, @markgurman, and @anshelsag
Forums: Hacker News, r/apple, r/intelstock, r/wallstreetbets, r/TechHardware, Slashdot, and MacRumors Forums
| Associated Press: |
A hack of Instructure's Canvas locked out students at schools and universities across the US in the middle of finals period; some US colleges postponed exams — Schools and universities across the country are recovering from an outage that knocked down Canvas, an online platform that manages exams …
More: The Record, Time, Education Week, Inside Higher Ed, massmail.illinois.edu, The Columbus Dispatch, San Francisco Chronicle, PBS NewsHour, DNYUZ, K-12 Dive, NBC Bay Area, Global News, DeviceSecurity.io, The College Fix, NPR, NBC News, WNYW-TV, Deseret News, Houston Public Media, UPI, WTOP News, Hollywood Life, The Cornell Daily Sun, WPXI-TV, Mercury News, MPR News, The Register, Newser, FOX6 News Milwaukee, and abc7NY. Forums: r/BetterOffline
| Brian Krebs / Krebs on Security: |
Instructure says its Canvas edtech platform has been restored after disabling it 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 at school districts …
More: 404 Media, Wired, Ars Technica, Breitbart, NBC News, KSL-TV, BleepingComputer, TechCrunch, Bloomberg, ABC, Bloomberg Law, ZDNET, Raleigh News & Observer, The Santa Barbara Independent, PCMag, Metacurity, The Verge, Straight Arrow News, TechRadar, CNN, Silicon Republic, DutchNews.nl, CyberInsider, CBS News, and Information Age
X: @vxunderground, @fbicyberdiv, @damonlinker, @bing_guan, @racheltobac, @anecdotal, @bridgetphetasy, @princeton, @reclaimuc, @racheltobac, @dorismatsui, @graveyardxgf, @vxunderground, @proffwolff, @repdonbeyer, @jason_koebler, @uofmaryland, and @alleniverxyn
LinkedIn: Jason Koebler and Mark Orlando
Bluesky: @dorismatsui, @brunojnavarro, @jclarkcrp, @kyrouz, and @linkletter.org
Mastodon: @shoq@mastodon.social, @Linkletter@mastodon.social, @lorenzofb@infosec.exchange, @zackwhittaker@mastodon.social, @ngate@mastodon.social, and @briankrebs@infosec.exchange
Forums: r/pwnhub, r/news, r/JJRaeSnark, and r/Anu
| 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 …
More: Nintendo Co., Ltd., Nintendo, The Verge, Game Informer, Video Games Chronicle, Nintendo Life, New York Times, Times of India, Comic Book, KTLA, TheGamer, Mashable, Forbes, CNET, MobileSyrup, iPhone in Canada, GamesIndustry.biz, Variety, 9to5Toys, Android Authority, TechRadar, PC Gamer, Media Play News, Nokiamob, GamingBolt, Notebookcheck, IGN, Mirror, T3, Kotaku, Tom's Guide, Thurrott, and Dexerto
| Arjun Kharpal / CNBC: |
More: Nintendo Co., Ltd., Tom's Hardware, Gizmodo, GamesIndustry.biz, Associated Press, CBC News, Benzinga, Thurrott, Game File, TechEBlog, WCSH, Nintendo Co., Ltd., Game Developer, The Verge, Nintendo Life, TechRaptor, Ars Technica, Dow Jones Newswires, Livemint, Kotaku, Neowin, Polygon.com, and Tech in Asia
| 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.
More: Kotaku, GamesIndustry.biz, Push Square, Polygon.com, Game Sandwich, GamingBolt, TechRaptor, Game World Observer, Gameranx, PC Gamer, Forbes, Windows Central, Dexerto, The Verge, and TheGamer
X: @jnavok, @thenovaplayss, @jnavok, @skycaptin5, @tomwarren, @_tom_henderson_, @paultassi, @longislandviper, @paultassi, and @casualblu3. Mastodon: @Knoebel@mastodon.social
Forums: r/consoles, r/LastStandMedia, r/Gamingnewsandleaks, and r/GamesAreLife
| Kai Nicol-Schwarz / CNBC: |
More: Variety, Sony Group, Tom's Guide, iPhone in Canada, Kyodo News, Reuters, and Nikkei Asia
Forums: r/gaming, r/Games, r/PS5, and r/boxoffice
| Sam Nussey / Reuters: |
More: Thurrott, 80 Level, Yahoo Finance, IGN, Hürriyet Daily News, Financial Times, and Bloomberg
X: @zhugeex, @lumberjackry, @septic_sauce, @getonthestiix, @eldonchorizo_, @jayworks13, and @genki_jpn
Forums: r/Marathon, r/DestinyTheGame, r/gaming, and r/technology
| Alex Lekander / CyberInsider: |
EU warns that VPNs are being used to bypass online age-verification systems, calling their use “a loophole in the legislation that needs closing” — The European Parliamentary Research Service (EPRS) has warned that virtual private networks (VPNs) are increasingly being used …
More: Techdirt, Gizmodo, PCMag, MediaNama, and The Cyber Express
X: @ep_eprs, @svenja_hahn, @dan_jeffries1, @tekbog, @f4micom, @sylviapuffs, @vxunderground, @intcyberdigest, @dcuthbert, @lyudakozlovska, and @of_schroedinger. Bluesky: @carnage4life. Mastodon: @carnage4life@mas.to. Forums: r/europe
| Rachel Metz / Bloomberg: |
Akamai says it struck a seven-year cloud computing deal with a “leading frontier model provider”; sources: the deal was with Anthropic and is worth $1.8B — Anthropic PBC has signed a $1.8 billion computing deal with cloud services provider Akamai Technologies Inc. to meet surging demand …
More: Reuters, The Register, The Information, The Tech Portal, Blockonomi, and CNBC
| Olivia Solon / Bloomberg: |
OnlyFans agrees to sell a ~16% stake to Architect Capital for $535M in a deal that values the company at about $3.15B — OnlyFans, the platform best known for adult content, agreed to sell a minority stake to Architect Capital in a deal that values the British company at about $3.15 billion.| Bloomberg: |
Sources: WH is preparing to order US agencies to partner with AI companies on cybersecurity; the EO wouldn't require pre-release model testing by the government — The Trump administration is preparing to order US agencies to partner with artificial intelligence companies to protect networks …
More: The Hill, Politico, Crypto Briefing, Raw Story, and PYMNTS
| Bloomberg: |
Sources: Isomorphic Labs, an AI-powered drug discovery company spun out of Google DeepMind, is in advanced talks to raise $2B+ led by Thrive Capital — Isomorphic Labs, an AI-powered drug discovery company spun out of Alphabet Inc.'s Google DeepMind, is in advanced discussions to raise … | Bloomberg: |
Sources: Cerebras plans to raise its IPO price range from $115-$125 per share to $125-$135 after drawing orders for more than 20x the number of shares available — Cerebras Systems Inc. is set to increase the price range of its initial public offering as soon as Monday … | Carmen Reinicke / Bloomberg: |
Honeywell's Quantinuum files for a US IPO, reporting a $136.6M net loss on revenue of $5.2M for the three months ended March 31; sources: it could raise $1.5B+ — Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., filed for a US initial public offering …
More: US Securities …, Denver Business Journal, Honeywell, and Reuters
| Nathan Lambert / Interconnects AI: |
Impressions of China's AI ecosystem after visiting many leading AI labs there, and the similarities and differences in working on LLMs in China and the West — Lessons from my trip to talk to most of the leading AI labs in China. … Audio playback is not supported on your browser. Please upgrade.
X: @teortaxestex, @bgurley, @rexliu, @keunwoochoi, @govviz, @zephyr_z9, @dorialexander, @fleetingbits, @shahules786, @brij, @natolambert, and @sandeepssrin. LinkedIn: Jack Shanahan
| Bloomberg: |
Sources: Apollo Global and Blackstone are among private credit lenders in talks with Broadcom over a ~$35B financing deal to fund the development of AI chips — Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc … | Ian King / Bloomberg: |
Interviews with Intel CEO Lip-Bu Tan and other execs about the challenges of a turnaround, along with efforts to instill a sense of urgency in the organization — After Lip-Bu Tan became chief executive officer of Intel Corp. in March of last year, the struggling company's shares went nowhere … | Reuters: |
European Central Bank President Christine Lagarde expressed skepticism over the need for euro-pegged stablecoins, saying they could hamper the ECB's work — European Central Bank President Christine Lagarde expressed scepticism on Friday over the need for stablecoins pegged to the euro …
More: European Central Bank, Bitcoin Insider, Decrypt, CoinDesk, Crypto Briefing, PYMNTS, Blockonomi, Cointelegraph, crypto.news, The Block, CoinGeek, and Bloomberg
X: @ecb, @noelleinmadrid, and @nicrypto
LinkedIn: Rhys Bidder and Dominik Schmid
| The Information: |
Sources: DeepSeek seeks to raise up to ~$7.3B at a $50B+ valuation in its first-ever funding round and CEO Liang Wenfeng could make a ~$2.9B personal investment — Liang Wenfeng, billionaire founder and CEO of DeepSeek, is planning to write the biggest check for the startup's first-ever funding round … | Todd Spangler / Variety: |
Trump Media and Technology Group reports Q1 net sales up 6% YoY to $871,200 and a $405.9M net loss; DJT is down 35% so far in 2026 for a market cap of ~$2.47B — Trump Media and Technology Group, operator of the social media platform Truth Social, reported a massive net loss for the first three months …
More: TMZ.com, US Securities …, Mediaite, and Raw Story
| Michael Kan / PCMag: |
The FCC says foreign-made routers and drones can now receive software updates at least until 2029, extending its earlier 2027 cutoff — The FCC's bans on foreign-made Wi-Fi routers and drones initially included an expiration date on software updates, but the commission has now extended the cutoff from 2027 to 2029.| Costas Mourselas / Financial Times: |
Investor letter: TCI, one of the world's biggest hedge funds, cut almost all of its $8B Microsoft stake, citing AI risks primarily for Office and some for Azure — TCI has cut its position in tech giant from 10% to 1% — Sir Christopher Hohn's hedge fund TCI has dumped almost … | Brandon Gomez / CNBC: |
Whoop plans to offer US users on-demand, in-app video consultations with licensed clinicians, and adds electronic health records and AI-powered health guidance — Wearable fitness tracker Whoop announced on Friday it will introduce in-app access to on-demand licensed clinicians for users in the United States.
More: CNET, PCMag, Mashable, Digital Trends, and Financial Post
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