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

Published on May 8, 2026
More than 500 people will be affected by the closures.
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Mother Ventures is looking at moms as the 'economic engine'

May 8, 2026
The VC firm, which focuses on mothers as consumers, raised a $10 million debut fund.

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

May 8, 2026
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.