Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Amazon — that have reported increased revenue alongside massive layoffs,…
Category: Insights
Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul |
Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday. The automaker’s battery subsidiary,…
Lime, the Uber-backed micromobility company, files for IPO |
6:21 AM PDT · May 8, 2026 After years of hints and preparation, the Uber-backed electric bike and scooter rental startup Lime has filed for…
Mother Ventures is looking at moms as the 'economic engine' |
As families across the U.S. prepare to celebrate Mother’s Day this Sunday, Allison Stern is looking beyond the single day of appreciation. Stern just closed…
Poland says hackers breached water treatment plants, and the US is facing the same threat |
10:20 AM PDT · May 8, 2026 Poland’s intelligence service said it detected attacks on five water treatment plants where hackers could have taken control…
Uber partner Avride is under investigation for self-driving crashes |
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Avride, a robotaxi company that has partnered with Uber, after identifying more than…
US defense contractor who sold hacking tools to Russian broker ordered to pay $10M to former employers |
9:43 AM PDT · May 8, 2026 Peter Williams, a veteran cybersecurity executive who was the head of the hacking and surveillance tech division of…
Pentagon releases UFO files on new website |
The Trump administration on Friday launched a new website that will house a collection of “new, never-before-seen” files about UFOs, according to the Pentagon. (And…
Airbnb says AI now writes 60% of its new code |
5:49 AM PDT · May 8, 2026 A large part of Airbnb’s Q1 2026 earnings call was dedicated to talking about how the company is…
The biggest US power grid is under strain from AI — and no one is happy |
Pity the grid operator PJM Interconnection. For decades it worked quietly and in the background, matching electricity demand with supply. Meanwhile, customers enjoyed some of…