Tech Roundup: May 8 (5 stories)
Friday, 8 May 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Fri 8th May 2026
TechCrunch is offering a limited-time promotion for its Disrupt 2026 event, allowing attendees to secure a second pass at 50% off, highlighting the growing interest in tech conferences. Meanwhile, CoreWeave reported a sales surge amid significant investments to expand its AI data center operations, though it also faced wider losses, underscoring the high costs of scaling in a competitive market. Arm Holdings is experiencing a shift, with AI demand offsetting declines in its smartphone sector, while Datadog's stock soared after it raised its sales outlook, reflecting strong market confidence. Conversely, the tech sector continues to see rising layoffs, contrasting with a decline in job cuts across other industries, indicating ongoing challenges within the tech landscape.
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CoreWeave Posts Sales Surge, Wider Loss After Spending Boom
Bloomberg Technology 7 May 2026, 8:19pmAI data center operator CoreWeave Inc. posted higher sales than anticipated last quarter, but also a wider loss, after the company spent heavily to bolster its operations and meet burgeoning demand.
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Arm CEO Sees AI Demand While Smartphone Business Slumps
Bloomberg Technology 7 May 2026, 4:31pmRene Haas, chief executive officer of Arm Holdings Plc, says demand for AI-related products is buoying the company amid a slowdown in its smartphone business. He speaks with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
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Datadog Shares Soar by Most in Six Years on Higher Outlook
Bloomberg Technology 7 May 2026, 1:41pmThe shares of Datadog Inc. surged by the most in more than six years after the software developer raised its full-year outlook for sales and earnings, far exceeding Wall Street’s expectations.
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2 days left: Get 50% off a second pass to TechCrunch Disrupt 2026
TechCrunch 7 May 2026, 2:00pmTwo days left to save up to $410 on your pass, and get a second one at 50% off to TechCrunch Disrupt 2026. Offer ends May 8, 11:59 p.m. PT. Register now.
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Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall
Bloomberg Technology 7 May 2026, 6:47pmTech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on "Bloomberg Tech.” (Source: Bloomberg)