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May 8, 2026 A roundup of major tech headlines: a major console gets a global price hike amid memory shortages. A popular education platform is taken offline after a data extortion attack. Researchers reveal thousands of AI-built web apps with little to no authentication. A browser maker credits AI models with finding hundreds of security fixes. France escalates a criminal probe into alleged algorithmic manipulation and deepfakes.
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Switch 2 Price Hike Driven By Memory Shortage
- Nintendo raised the Switch 2 price to $500 citing global memory shortages and cost surges including tariffs and shipping.
- The company expects a 100 billion yen impact and will rely more on software as hardware profitability weakens.
Canvas Pulled Offline During Finals After Extortion
- Shiny Hunters defaced Canvas login pages and claimed they stole data from 275 million users across nearly 9,000 institutions, prompting Instructure to disable the platform.
- The outage hit during finals season and the extortion note urged individual schools to negotiate ransom payments.
Thousands Of AI Built Apps Lack Basic Security
- Researchers found 5,000+ AI-built Vibe-coded apps with little or no authentication and about 40% exposing sensitive data like medical records and customer chats.
- Tools like Replit and Lovable let non-engineers deploy apps publicly, producing S3-like mass-exposure risks.