OpenAI releases GPT-5.5 Instant, a new default model for ChatGPT

On Tuesday, OpenAI released a new foundational model called GPT-5.5 Instant. This replaces GPT-5.3 Instant as the default ChatGPT model. The company said the model reduces hallucinations in sensitive areas such as law, medicine, and finance, while maintaining the low latency of its predecessor. OpenAI released its latest GPT-5.5 model last month, claiming improvements in […]

Critical flaw in Apache HTTP/2 (CVE-2026-23918) allows DoS and potential RCE

Ravi LakshmananMay 5, 2026Vulnerabilities / Server Security The Apache Software Foundation (ASF) has released security updates that address several security vulnerabilities in its HTTP server, including a serious vulnerability that could lead to remote code execution (RCE). The vulnerability is tracked as CVE-2026-23918 (CVSS score: 8.8) and is described as a case of “double free […]

DAEMON Tools supply chain attack compromises official installer with malware

Ravi LakshmananMay 5, 2026Endpoint security/software security Kaspersky Lab findings reveal a new supply chain attack targeting the DAEMON Tools software, whose installer was compromised and delivered a malicious payload. “These installers are distributed from the official DAEMON Tools website and are signed with digital certificates owned by the DAEMON Tools developers,” said Kaspersky researchers Igor […]

PayPal says it’s ‘becoming a technology company again’ – and that means AI

PayPal is looking to the future despite a drop in its stock price and the threat of layoffs. During the company’s first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs to “recommit to its fundamentals,” including “becoming a technology company again.” There was no need to read between the lines. PayPal was pitching […]

Hackers break into ed tech giant’s infrastructure and steal student data

Education technology giant Instructure has confirmed a data breach affecting students’ personal information. Hacking and extortion organization ShinyHunters claimed responsibility for the breach. The hackers claim to have stolen students’ names, personal email addresses, and messages sent and received between teachers and students, the same type of data that Instructure acknowledged was stolen. Instructor is […]

Eleven Labs lists BlackRock, Jamie Foxx, Eva Longoria as new investors

Voice AI company Eleven Labs has revealed new investors as part of its $500 million Series D funding first announced in February. Additions include institutions such as BlackRock, Wellington, DE Shaw, and Schroders. Companies like Nvidia, Salesforce Ventures, Santander, KPN, and Deutsche Telekom. There are also individual investors such as Jamie Foxx, Eva Longoria, and […]

China-linked UAT-8302 uses regionally shared APT malware to target governments

Ravi LakshmananMay 5, 2026Network security/endpoint security Attacks by advanced persistent threat (APT) groups aligned with China are believed to target government agencies in South America from at least late 2024 onwards, and in southeastern Europe by 2025. This activity is being tracked by Cisco Talos as UAT-8302, and post-exploitation activity includes the deployment of a […]

Coinbase to lay off 14% of staff as part of broader restructuring

Cryptocurrency exchange Coinbase on Tuesday announced it will lay off about 700 people, or 14% of its workforce, as part of a broader restructuring aimed at responding to market volatility and increasing its use of AI tools to improve efficiency. The reorganization will flatten the organizational structure from the CEO and COO level to just […]

Moment Energy raises $40 million to meet ‘unlimited power demand’ with EV batteries

Moment Energy CEO Edward Chiang believes North America’s electricity needs are limitless and his startup has the solution. The company, which is headquartered in Canada and the United States, is taking a novel approach to reusing electric vehicle batteries, Chiang told TechCrunch. He said the company’s approach is special because of its dual focus on […]