For those of you not following these events closely: the 747-8 and the 787 (both new) both utilize a very similar engine from GE (the GEnx).
The GEnx 1B (787) failed in July this year and kicked off an investigation that is trying to determine if there is an engineering or manufacturing problem in the parts that connect two shaft pieces together to form the main shaft in the engine.
The GEnx 2B (747-8) failed in early September this year and the initial investigation is not complete.
This memo confirms that the 747-8 and the 787 failures are NOT related.
That being said, the NTSB wants to pull the ETOPS certificate from the -1B engines which would effectively ground the majority of the 787 fleet (the 787 is optimized for long flights which would be majority over water/out of gliding range and the GEnx has the widest install base on the 787).
The FAA has indicated that they will take a watching brief for the time being.