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The Next Web

Original and proudly opinionated perspectives for Generation T


06/01/2026 09:17 PM

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.


GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. The cause is memory. GoPro said its earnings forecast has been “significantly impacted” […]



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06/01/2026 08:46 PM

Apple is building a bill-splitting feature that photographs receipts and assigns items to friends


Apple is preparing a new iPhone feature that lets users photograph a restaurant receipt, assign individual items to different people, and automatically generate payment requests through Apple Cash. The tool will calculate each person’s share of the bill including item costs, tax, and tip, Bloomberg reported on Monday, citing people with knowledge of the plan. Apple […]



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06/01/2026 08:40 PM

Hackers hijacked Instagram accounts by asking Meta’s own AI chatbot to reset the password


Hackers hijacked Instagram accounts over the weekend by tricking Meta’s own AI-powered support chatbot into granting them access. The attack required no access to the victim’s email, no phishing link, and no malware. The hacker simply asked the chatbot to add a new email address to someone else’s account. A video posted on X showed […]



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06/01/2026 08:36 PM

IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse


IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance in almost 24 years. The stock is now up 10% year […]



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06/01/2026 08:08 PM

A WordPress plugin sold to 15,000 sites has a flaw that lets anyone create an admin account, and attackers are already using it


A critical vulnerability in WP Maps Pro, a commercial WordPress plugin with more than 15,000 sales on the Envato Market, is being actively exploited by attackers to create malicious administrator accounts on vulnerable sites. The flaw, tracked as CVE-2026-8732 with a CVSS score of 9.8, allows unauthenticated users to gain full administrative control of any WordPress installation […]



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06/01/2026 07:55 PM

Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI


Gigascale Capital, the venture firm led by former Meta chief technology officer Mike Schroepfer, has raised a $250 million fund to invest in energy, grid infrastructure, and critical minerals startups. The fund, announced on Monday, is Gigascale’s second and its first to include institutional investors. It arrives as most of the venture capital industry has pivoted […]



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06/01/2026 07:46 PM

A GTA V cheat service that promised “enhanced privacy” just got hacked, exposing 64,000 accounts


Atlas Menu, a cheat service for Grand Theft Auto V’s online mode, has been hacked, exposing the personal data of nearly 64,000 users. The stolen data included email addresses, usernames, hashed passwords, IP addresses, and support tickets, according to data breach notification service Have I Been Pwned. The breach was claimed by a hacker whose stated […]



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06/01/2026 07:36 PM

Tencent is letting PayPal users pay through WeChat’s merchant network, solving China’s tourist payment problem


Tencent has announced that PayPal users will be able to make cashless payments in China by scanning QR codes through WeChat Pay’s merchant network. The integration, which will be available to US-based PayPal users first with more markets to follow, connects PayPal’s 400 million-plus user base to the payment infrastructure that covers virtually every taxi, restaurant, and […]



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06/01/2026 07:28 PM

The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself


A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fallen roughly 17%. AST SpaceMobile, which had become a retail-trading favourite, has sunk nearly 23%. The […]



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06/01/2026 07:11 PM

Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment


Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 million and has continued investing in every subsequent round. With Anthropic’s confidential IPO filing also landing on Monday, Salesforce is positioned […]



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