Month: May 2026

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.  Some found out they didn’t qualify for WARN Act protections like two-months notice because the company had classified them as remote workers. Powered by WPeMatico https://techcrunch.com/2026/05/08/laid-off-oracle-workers-tried-to-negotiate-better-severance-oracle-said-no/

San Francisco’s housing market has lost its mind The invisible force behind all of this is no mystery to anyone paying attention to the city’s tech economy. San Francisco is home to some of the most valuable private companies in the world, and their employees have been quietly accumulating —

Prime Video follows Netflix and Disney by adding a TikTok-like ‘Clips’ feed in its app The Clips feed aims to enable discovery by offering users a scrollable feed with short snippets of shows and movies. Powered by WPeMatico https://techcrunch.com/2026/05/08/prime-video-follows-netflix-and-disney-by-adding-a-tiktok-like-clips-feed-in-its-app/

Intel’s comeback story is even wilder than it seems Intel’s stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company’s actual turnaround. Powered by WPeMatico https://techcrunch.com/2026/05/08/intels-comeback-story-is-even-wilder-than-it-seems/

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. Powered by WPeMatico https://techcrunch.com/2026/05/08/cloudflare-says-ai-made-1100-jobs-obsolete-even-as-revenue-hit-a-record-high/

German AI translation startup DeepL to axe 250 staff DeepL, the German AI translation startup, is cutting around 250 jobs, about a quarter of its headcount, saying it was moving to smaller teams so it is able to compete amid rapid AI advancements, its CEO said today. Posting on LinkedIn, Jarek

Meatly raises £10.4M to build Europe’s largest cultivated meat bioreactor facility in London Cultivated meat pioneer Meatly, Europe’s first company to sell cultivated meat, has today announced that it has raised £10.4 million in Series A funding.  Since launching in 2022, Meatly has solved the key technical cost challenges facing

Meet the French startup fixing the guardrail gap holding enterprise AI back As enterprises rapidly adopt agentic AI systems capable of autonomously executing tasks, interacting with tools, and making decisions across workflows, concerns around security, hallucinations, governance, and operational control are becoming a major barrier to deployment. French company Giskard

Healthtech: 10 companies that raised the most in 2025 In 2025, Europe’s healthtech ecosystem showed strong funding momentum, with capital concentrated in large rounds across biotech, medtech, digital health, and AI-enabled healthcare. The biggest deals came from companies such as Oura Health, Isomorphic Labs, Verdiva Bio, Tubulis, and Neko Health,

UK quantum outfit Quantum Motion run on silicon chips raises $160M A UK university spinout, which builds full-stack quantum computers made with the same silicon chip technology used in laptops and smartphones, has raised $160m in an investment round, it said today. The Series C funding round in Quantum Motion