Latest Software & Apps News
Meta Kicks Off 2026 Layoffs with 1,500 Cuts in Reality Labs
Meta reduced 1,500 employees from its Reality Labs division to redirect investments toward AI R&D. Plans for 8,000 more layoffs on May 20 and up to 20% total cuts later in 2026. AI expected as major layoff driver this year .
Coinbase Lays Off 14% of Workforce to Cut Costs and Boost AI
Cryptocurrency firm Coinbase cut 700 jobs on May 6 amid economic challenges and to fund AI investments. CEO Brian Armstrong noted AI automation enables smaller teams and diversified revenue helps weather volatility .
Snap Reduces Headcount by 16% Citing AI Efficiency Gains
Snap laid off 1,000 employees and closed 300 roles, with CEO Evan Spiegel highlighting AI reducing repetitive work. Expected $500M annualized savings by H2 2026 to support AI agent restructuring .
SAP Acquires Reltio to Make Customer Data AI-Ready
On March 27, 2026, SAP agreed to buy master data management provider Reltio to enhance its Business Data Cloud. Aims to provide reliable data input for Joule AI agents enterprise-wide .
ServiceNow Beats Q2 Guidance with 21.5% Subscription Revenue Growth
ServiceNow reported $3.11bn subscription revenue (up 21.5% YoY) and 29.5% operating margin. Grew large customers significantly, on track for $1bn ACV target by 2026; acquired data.world for AI platform .
Cloudflare Cuts 20% of Workforce for AI-Powered Leaner Operations
Cloudflare reduced headcount by 20% on May 8, 2026, to streamline for an AI-focused workforce. Part of broader tech efficiency moves amid AI adoption .
Apple Releases RC for iOS 26.5 and iPadOS 26.5
Apple issued a new release candidate build for iOS 26.5 and iPadOS 26.5, available to developers and public beta testers. Follows rumors of iOS 27 code cleanup emphasizing stability and Apple Intelligence .
SAP and AWS Launch AI Co-Innovation Program for ERP
SAP and AWS started an AI Co-Innovation Program offering resources and credits to integrate AWS generative AI into SAP ERP systems, accelerating enterprise AI adoption .
Daemon Tools Developer Confirms Software Trojanized in Cyberattack
Developer confirmed Daemon Tools software was trojanized, highlighting supply chain risks in software distribution. Raises concerns for users of the popular disc emulation tool .
OpenAI and Anthropic LLMs Exploited in Critical Infrastructure Attack
Dragos warned of cyber-attack on critical infrastructure using OpenAI and Anthropic LLMs. Underscores risks of AI models in high-stakes environments .
Instructure Hackers Claim Data Theft from 9,000 Schools
Hackers locked students out of Canvas LMS and demand ransom by May 12 after stealing data from nearly 9,000 schools. Instructure faces major disruption from the breach .
North Korean APT Trojanizes Gaming Platform for Spying
ESET reported North Korean hackers compromised Yanbian gaming site, trojanizing Windows and Android software in supply-chain attack to target gamers .