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Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul - TechCrunch
business 2026/05/08 18:25:29

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

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 foundation for a successful strategic realignment. This forces us to…

TechCrunch
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Larry Ellison Accused of Promising Trump to Fire CNN Anchors - Mediaite
business 2026/05/08 18:25:00

Larry Ellison Accused of Promising Trump to Fire CNN Anchors - Mediaite

Two press freedom groups are accusing Larry Ellison of promising “favors” to the Trump administration to win regulatory approval for a Warner Bros. merger.

Mediaite
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Rocket Lab Stock Jumps After Biggest-Ever Launch Contract Shocks Market - Yahoo Finance
business 2026/05/08 18:22:12

Rocket Lab Stock Jumps After Biggest-Ever Launch Contract Shocks Market - Yahoo Finance

Rocket Lab Soars on Record $2.2 Billion Launch Deal, Defense Wins Lift Outlook

Yahoo Entertainment
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Tesla’s Latest Recall? Wheels May Fall Off Cybertrucks - WIRED
business 2026/05/08 18:12:00

Tesla’s Latest Recall? Wheels May Fall Off Cybertrucks - WIRED

In what is the 11th Cybertruck recall, certain models of Elon Musk’s embattled pickup could experience a sudden, unexpected wheel separation, thanks to the wrong grease and loose nuts.

Wired
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OpenAI makes its Mythos rival more widely available to cyber defenders - Axios
business 2026/05/08 17:43:15

OpenAI makes its Mythos rival more widely available to cyber defenders - Axios

Recent security testing suggests that GPT-5.5. model is nearly as good at finding and exploiting software bugs as Anthropic’s Mythos Preview.

Axios
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Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble' - CNBC
business 2026/05/08 17:35:23

Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble' - CNBC

“Stocks are not up or down because of jobs or consumer sentiment,” Burry wrote. “Feeling like the last months of the 1999-2000 bubble.”

CNBC
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