Some found out they didn't qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
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Friday, May 8, 2026
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 — and, increasingly, cashing out — fortunes.
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U.S. defense contractor who sold hacking tools to Russian broker ordered to pay $10 million to former employers
Former cybersecurity executive Peter Williams stole several surveillance and hacking tools and sold them for $1.3 million to a Russian broker that works with Putin’s government.
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Pentagon releases UFO files on new website
The Defense Department has released a collection of UFO files with images, videos, and documents on war.gov/ufo.
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Live only at TechCrunch Disrupt 2026: Why most founders are already behind on raising a Series A in 2027
Learn what it takes to build a Series A in 2027 from top VCs at TechCrunch Disrupt 2026, taking place at San Francisco’s Moscone West on October 13-15. Register today to hear this session live on the Builders Stage.
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Truecaller slashes 70 jobs amid declining ad sales
Truecaller's ad revenue declined by 44%, leading to the layoffs.
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Last 24 hours to get 50% off a second pass to TechCrunch Disrupt 2026
Last day to buy one pass and get a second one at 50% off to TechCrunch Disrupt 2026. Bring a partner, co-founder, or colleague at half off. Register now.
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Lime, the Uber-backed micromobility company, files for IPO
After years of hints and preparation, Lime plans to enter the public markets.
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Airbnb says AI now writes 60% of its new code
Airbnb also said its customer support AI bot now handles 40% of issues without escalating to a human agent.
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The biggest U.S. power grid is under strain from AI — and no one is happy
PJM Interconnection — which oversees the grid for some of the densest data center developments on Earth — wants to overhaul itself. Not everyone thinks it's up to the task.
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Thursday, May 7, 2026
The back office problem that explains why specialists never call you back
Like many AI companies automating work that humans currently do, Basata will eventually face a harder question about where the line is between augmenting workers and displacing them. For now, the founders say the administrative staff they work with aren't worried about that; they're more worried about drowning.
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Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B
The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.
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OpenAI launches new voice intelligence features in its API
The new features could be handy for customer service systems, but OpenAI says they have applications that work across a variety of other fields, including education and creator platforms.
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Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%
The company made a series of other announcements during earnings, including a new commercial contract, a pilot program in Canada, and a collaboratio
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Google’s $9.99-per-month AI health coach launches May 19
The Gemini-powered health coach will act as a combination fitness coach, sleep expert, and health and wellness advisor.
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