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Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.

techcrunch May 08, 2026 Read more →

Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

More than 500 people will be affected by the closures. “We must refocus on our core business,” Porsche CEO and executive chair Michael Leiters said in a statement. "This is the indispensable foundatio

techcrunch May 08, 2026 Read more →

Mother Ventures is looking at moms as the ‘economic engine’

The VC firm, which focuses on mothers as consumers, raised a $10 million debut fund.

techcrunch May 08, 2026 Read more →

Uber partner Avride is under investigation for self-driving crashes

The National Highway Traffic Safety Administration has opened an investigation into Avride after identifying more than a dozen crashes and one minor injury.

techcrunch May 08, 2026 Read more →

Poland says hackers breached water treatment plants, and the US is facing the same threat

A report by Poland’s top intelligence agency accused Russia of sabotage and hacking activities against the country’s military and civilian infrastructure.

techcrunch May 08, 2026 Read more →

US defense contractor who sold hacking tools to Russian broker ordered to pay $10M to former employers

Former cybersecurity executive Peter Williams stole several surveillance and hacking tools and sold them for $1.3 million to a Russian broker that works with Putin’s government.

techcrunch May 08, 2026 Read more →

Pentagon releases UFO files on new website

The initial set of files housed on the site will include those containing unidentified anomalous phenomena (UAP) videos, photos, and original source documents from across the entire U.S. government. T

techcrunch May 08, 2026 Read more →

Truecaller slashes 70 jobs amid declining ad sales

Truecaller's ad revenue declined by 44%, leading to the layoffs.

techcrunch May 08, 2026 Read more →

Live only at TechCrunch Disrupt 2026: Why most founders are already behind on raising a Series A in 2027

Learn what it takes to build a Series A in 2027 from top VCs at TechCrunch Disrupt 2026, taking place at San Francisco’s Moscone West on October 13-15. Register today to hear this session live on the

techcrunch May 08, 2026 Read more →

Last 24 hours to get 50% off a second pass to TechCrunch Disrupt 2026

Last day to buy one pass and get a second one at 50% off to TechCrunch Disrupt 2026. Bring a partner, co-founder, or colleague at half off. Register now.

techcrunch May 08, 2026 Read more →

Lime, the Uber-backed micromobility company, files for IPO

After years of hints and preparation, Lime plans to enter the public markets. The company intends to list on ​Nasdaq under the ticker symbol "LIME." Lime did not share terms of the offering.

techcrunch May 08, 2026 Read more →

The biggest U.S. power grid is under strain from AI — and no one is happy

PJM Interconnection — which oversees the grid for some of the densest data center developments on Earth — wants to overhaul itself. Not everyone thinks it's up to the task.

techcrunch May 08, 2026 Read more →

Airbnb says AI now writes 60% of its new code

Airbnb also said its customer support AI bot now handles 40% of issues without escalating to a human agent.

techcrunch May 08, 2026 Read more →

Why you can never get your doctor to call you back

Like many AI companies automating work that humans currently do, Basata will eventually face a harder question about where the line is between augmenting workers and displacing them. For now, the foun

techcrunch May 08, 2026 Read more →

Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B

The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.

techcrunch May 07, 2026 Read more →

OpenAI launches new voice intelligence features in its API

The new features could be handy for customer service systems, but OpenAI says they have applications that work across a variety of other fields, including education and creator platforms.

techcrunch May 07, 2026 Read more →

Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%

The company made a series of other announcements during earnings, including a new commercial contract, a pilot program in Canada, and a collaboration.

techcrunch May 07, 2026 Read more →

Disney looking to make a unified ‘super app,’ report says

Disney CEO Josh D'Amaro, who took over for Bob Iger earlier this year, has emphasized his intent to streamline the Disney experience.

techcrunch May 07, 2026 Read more →

Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm

AI startup Pit is led by the co-founders of European scooter giant Voi and backed by a16z, which is leading the startup’s $16 million seed round.

techcrunch May 07, 2026 Read more →

Hackers deface school login pages after claiming another Instructure hack

The cybercrime group ShinyHunters claimed to have hacked Instructure again, defacing the login pages of several Instructure customer schools with an extortion message.

techcrunch May 07, 2026 Read more →
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