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May 08, 2026

 

TechCrunch Top 3

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

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. 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. 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. Read More

Disrupt 2026: Where deals and ideas ignite

Oct 13–15 at San Francisco's Moscone West, 10,000 founders, investors, and operators gather for high-signal insights, curated connections, and real momentum.

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A message from Fidelity

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Afternoon Must-Reads

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