On May 1, 2018, it was announced that Chairman Robert Keegan and CEO Jeff Jacobson and four other directors would resign as part of a deal with investors Carl Icahn and Darwin Deason, who had mounted a proxy fight to oppose the Fujifilm deal. On May 4, Xerox backed away from the deal after stipulations about ceasing litigation were not met.
On May 17, 2018, YouTube announced the re-branding of YouTube Red as YouTube Premium (accompanied by a major expansion of the service into Canada and 13 European markets), as well as the upcoming launch of a separate YouTube Music subscription.
A school shooting occurred at Santa Fe High School in Santa Fe, Texas, United States, in the Houston metropolitan area, on May 18, 2018. Ten people – eight students and two teachers – were fatally shot, and thirteen others were wounded. The suspected shooter was taken into custody and later identified by police as Dimitrios Pagourtzis, a 17-year-old student at the school.