

Instagram DMs will no longer be end-to-end encrypted, Meta announces
11. Bus Instagram DMs will no longer be end-to-end encrypted, Meta announces In a significant reversal of its long-standing privacy roadmap, Meta has officially discontinued support for end-to-end encryption (E2EE) on Instagram, as of May 8, 2026. The move marks the end of an era for private messaging on the platform, which first introduced the optional security feature in 2021. Editorial credit: In Green / Shutterstock Users who previously relied on "Vanish Mode" or manual


Coinbase records second straight quarterly loss as crypto trading slows
Coinbase posted its second consecutive quarterly loss after weaker cryptocurrency prices and lower trading activity weighed heavily on the company’s core business, highlighting the continued volatility facing the digital asset industry. Editorial credit: alfernec / Shutterstock The largest publicly traded cryptocurrency exchange in the United States reported a net loss of $394.1 million for the first quarter of 2026, compared with a profit of $65.6 million during the same per


Intel and Apple strike historic preliminary chip-making deal to diversify supply
In a move that could reshape the global semiconductor landscape, Intel and Apple have reached a preliminary agreement for Intel to manufacture custom chips for Apple devices. The news, first reported by the Wall Street Journal, sent Intel shares soaring nearly 15% to record highs as investors cheered the return of a partnership that ended six years ago. The deal marks a significant shift in Apple’s supply chain strategy, ending its exclusive reliance on Taiwan Semiconductor M


"AI agents are doing the work": Cloudflare slashes 20% of workforce in first major layoff
Cloudflare has announced the first mass layoff in its 16-year history, cutting approximately 1,100 employees, or 20% of its global workforce. The announcement, made last week, coincided with a record-breaking first-quarter earnings report, making Cloudflare the most prominent tech company to explicitly attribute a massive workforce reduction to AI automation rather than macroeconomic headwinds. The math of the "agentic AI" era In a detailed memo to staff, CEO Matthew Prince a


AWS announces plans to hire 11,000 tech staff following recent 30,000 layoffs
Amazon Web Services (AWS) CEO Matt Garman announced this week that the cloud giant plans to hire 11,000 software development engineers and interns throughout 2026. Interestingly, the hiring spree comes just weeks after Amazon completed a massive restructuring that saw approximately 30,000 corporate roles eliminated across late 2025 and early 2026. The job cuts, which hit AWS, retail, and Prime Video units particularly hard, were framed by Amazon leadership as a way to reduce































