Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
May 8, 2026, 9:10 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top 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.
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 …
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 …
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 …
Arjun Kharpal / CNBC:
Nintendo reports Q4 revenue of ~$2.60B, below ~$2.75B est., net profit of ~$416M, above ~$403.68M est., and forecasts a decline in FY 2027 Switch 2 unit sales
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.
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 …
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
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 …
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.
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 …
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 …
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 …
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.
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.
More: FCC.  Forums: r/technology

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!
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
How to Build Your Agentic Data Foundation with Zoho Analytics and Zoho DataPrep  —  Parts 1 and 2 covered why agents need a data foundation and what the right architecture looks like.
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

Big Technology Podcast:
 Anthropic's Labs Lead On Fable's Capabilities + Building AI-Native Products — With Mike Krieger
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.
Great Chat:
 How much data do we actually want about our bodies?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Training Data:
 Memory and Continual Learning: Engram's Dan Biderman and Jessy Lin
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Access:
 This AI tells you what your friends won't
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Channels with Peter Kafka:
 The Ad Industry's Weirdest Tradition
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
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 9:10 PM 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

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Thomas Buckley / Bloomberg:
Sony Pictures Entertainment invests $100M in Cosm, a startup specializing in immersive, large-screen theaters, which has partnerships with NBCUniversal and WBD

Ethan Millman / The Hollywood Reporter:
Court docs: Live Nation CEO Michael Rapino spoke with President Trump in the weeks before the company settled with the DOJ in its monopoly lawsuit

More News

Earlier Picks

Financial Times:
Sources: Anthropic weighs raising up to $50B at a ~$900B pre-money valuation, likely closing within two months, as its annualized revenue is set to cross $45B
Wall Street Journal:
Sources: White House unease over Mythos has left some Trump officials and congressional aides fearful that it represents a reversal of its hands-off AI policy
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
Ignacio Gonzalez / Bloomberg:
Cloudflare reports Q1 revenue up 34% YoY to $639.8M and plans to cut 1,100+ jobs as it architects its company “for the agentic AI era”; NET closes down 23.62%
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
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter