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ARCHIVE FRIDAY, MAY 8 · 8 STORIESCloudflare to Cut 1,100 Jobs, Citing AI-Driven Productivity Gains
Cloudflare is laying off approximately 20 percent of its workforce, or about 1,100 people, in what co-founder and chief executive Matthew Prince called the comp...
OpenAI releases three new voice models targeting real-time agent applications
OpenAI released three new voice models through its API, bundling speech recognition, translation, and reasoning into single audio-to-audio interfaces rather tha...
Porsche Shuts Three Subsidiaries, Cutting More Than 500 Jobs
Porsche is closing three subsidiaries in a restructuring that will eliminate more than 500 jobs, the German automaker announced Friday. The move is part of a br...
U.S. Regulator Opens Probe Into Avride Self-Driving Crashes
The National Highway Traffic Safety Administration has opened an investigation into Avride, a robotaxi company partnered with Uber, after identifying 16 crashes...
Sony forecasts profit rise and $3.2bn buyback despite sharp drop in PS5 sales
Sony Group on Friday issued guidance for the fiscal year ending March 2027, forecasting operating profit of 1.6 trillion yen, an 11 percent increase, and a shar...
Nintendo raises Switch 2 price to $500, forecasts lower sales amid memory costs and tariffs
Nintendo is raising the United States price of its Switch 2 console by $50 to $500, citing higher memory component costs and U.S. tariffs. The increase is small...
French Prosecutors Open Criminal Probe Into Elon Musk and X
French prosecutors opened a criminal investigation into Elon Musk and X on Thursday, escalating a probe into sexual images of minors and other alleged illegal c...
SoftBank trims OpenAI margin loan to $6 billion after lenders push back on valuation
SoftBank Group has cut the size of a margin loan backed by its OpenAI stake to as little as $6 billion, down from an initial $10 billion target, after creditors...