Techmeme
May 14, 2026, 8:10 AM

Top News

Jordan Novet / CNBC:
Cisco reports Q3 revenue up 12% YoY to $15.84B, above $15.56B est., raises its FY2026 AI orders forecast, and is cutting ~4,000 jobs; CSCO jumps 19%+ pre-market  —  Cisco shares soared 17% in extended trading on Wednesday after the networking company issued results and guidance that topped Wall Street's projections.
Carl Franzen / VentureBeat:
Anthropic unveils Claude Agent SDK credits for paid plans, which users can allocate for programmatic use of third-party agents like OpenClaw, starting June 15  —  Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness!
Emma Roth / The Verge:
Jordan Novet / CNBC:
Cerebras prices its IPO at $185 per share, above the expected range of $150 to $160 per share, raising at least $5.55B and valuing it at $56.4B fully diluted  —  Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range …
AI Security Institute:
Mythos Preview is the first AI model to complete both of the AISI's cyber ranges, which measure AI models' cyberattack capabilities; GPT-5.5 solved only one  —  In February 2026, we internally estimated that the length of cyber tasks AI models could complete had doubled every 4.7 months since late 2024 …
Emma Roth / The Verge:
Netflix says its ad tier now has 250M monthly active viewers, up from 94M in 2025, and is expanding to 15 new countries, as it tests an ad personalization tool  —  The streaming service's ad-supported tier now reaches 250 million viewers each month. … For the second year in a row …
Bloomberg:
Aisha Malik / TechCrunch:
TikTok launches TikTok GO in the US for users to book hotels, attractions, and experiences directly in the app, partnering with Booking.com, Expedia, and others  —  TikTok announced on Tuesday that it's launching TikTok GO, a way for users to discover and book hotels, attractions, and experiences directly within its app.
Reuters:
LinkedIn says it has “implemented organizational changes”; a source says it plans to cut ~5% of its 17,500 full-time workers and focus on business growth areas  —  LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year.
Reuters:
Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made  —  The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far …
Carmen Arroyo / Bloomberg:
Sources: Apollo Global, Morgan Stanley, and others are testing Grok internally as part of xAI's finance sector push, but financiers are rarely using it for work  —  Elon Musk's xAI has recruited multiple Wall Street firms with ties to the billionaire's business empire to test its Grok chatbot …
More: PYMNTS and Tech in Asia
Nikkei Asia:
LY Corp launches a bid with Bain Capital to buy Kakaku.com, which operates restaurant review and booking site Tabelog, for $4B, challenging EQT's $3.75B offer  —  TOKYO — The operator of the Line messaging app and web portal Yahoo Japan said on Thursday it has launched a counterbid for Japan's Kakaku.com …
More: Reuters

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