Press Digest: Wall Street Journal - May 8

Cloudflare

08/05/2026 07:17

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Southeastern Asset Management, a Mattel MAT.O shareholder, is calling for a sale of the toy company.

- Cloudflare NET.N said on Thursday it would cut about 20% of its ‌workforce as the company restructures operations around the rapid adoption of artificial intelligence tools

- Education tool Canvas, used by schools, colleges, and universities for grades and other class materials, was hacked, blocking students from accessing the application.

- The CDC is coordinating with the WHO on a hantavirus outbreak aboard the MV Hondius, despite the U.S. withdrawal from the WHO and CDC cuts.

 - Saudi Arabia and Kuwait have lifted restrictions on the U.S. military’s use of their bases and airspace that were imposed after the launch of a U.S. operation to reopen the Strait of Hormuz.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))